Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Mashreq completes $385mln sale of majority stake in Neopay

As previously announced on September 13, 2024, DgPays, a leading financial infrastructure technology provider in the EMEA region

Crypto.com Forges New Partnership with Dubai Islamic Bank

The memorandum of understanding between Crypto.com and DIB focuses on several innovative financial solutions.

Kaspersky study: Companies seek specialized expertise to combat AI cyber threats

This need spans sectors from retail to critical infrastructure, emphasizing a universal demand for advanced threat protection.

Saudi's Sahm App acquires over one mln users in one year, elevating the trading experience

Sahm has focused on crafting a platform especially designed with domestic investors in mind

QNB’s approach to fighting cyber fraud in Qatar: Awareness and technology

QNB has also launched a special partnership with the National Cyber Security Agency

Omantel and Bank Dhofar: A strategic partnership to drive digital transformation and address key banking challenges

The banking sector requires the ability to scale rapidly in a dynamic environment of ever-growing digital transactions

IBM opens new office in Qatar’s capital city Doha

IBM provides public and private sector organisations with a full range of technology services and solutions.

Fintech Abu Dhabi affirms Abu Dhabi as hub for financial innovation

With a focus on payments, digital assets, digital security, and credit, the gathering also reaffirmed Abu Dhabi’s position as a global hub for financial innovation

Visa partners with Saudi Awwal Bank and Monsha'at for third edition of She's Next

To empower women fashion entrepreneurs

Middle East banks brace for a stable yet FinTech-driven transformation in 2025

This forecast suggests stability in economic conditions and financial metrics.

First Abu Dhabi Bank Chooses Broadridge to Build Global Agency Securities Finance Business

Expansion of securities finance within the UAE and broader Middle East

National Bank of Kuwait's innovative digital strategy strengthens its leadership in fintech

Throughout 2024, the Operations and Information Technology Group sustained its trajectory of success, introducing several innovative projects across various markets

Crypto.com Gains Mastercard License to Launch Crypto Cards in Bahrain, GCC

This move leverages Crypto.com’s recently acquired license from the Central Bank of Bahrain

Qatar to invest $1.3bln in climate technology in Britain

The investment is expected to create thousands of jobs and launch climate technology hubs in both countries to accelerate development of climate-friendly technologies

Reem Finance selects Temenos to power new digital community bank in the UAE

Temenos SaaS enables rapid time-to-market and streamlined scalability, ensuring agility and efficiency as the business grows

Saudi Arabia strengthens cybersecurity leadership at Black Hat MENA

The conference included a series of technical sessions and workshops centered on the role of cybersecurity in safeguarding emerging technologies.

Geidea to launch its SoftPos service in Egypt

This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale devices.

Qatar Development Bank invests in Islamic FinTech Wahed

Wahed, a global Islamic FinTech company, received a strategic investment from Qatar Development Bank.

UAE's Emirates NBD, Mashreq invest in LoanBook owner NewBridge Fintech Solutions

For Emirates NBD, Mashreq, this adds to their growing presence in the fintech space

Egypt wins first place in Arab FinTech Challenge in Dubai for the 2nd consecutive year

The win highlights the CBE’s ongoing dedication to nurturing and supporting young FinTech talent through the 'FinYology' initiative