TECHNOLOGY

StanChart and Old Mutual launch Mena wealth platform

The respective venture capital arms of Standard Chartered and Old Mutual, SC Ventures and NEXT176, have collaborated on the launch of a financial wellness...

Oman Investment Authority launches $5.2bn fund

Oman’s sovereign wealth fund, Oman Investment Authority (OIA), has launched a US$5.2 billion fund to invest in Omani projects and companies. The Future Fund Oman...

SS&C opens Abu Dhabi office

Fund administrator SS&C is the latest global firm to set up a new business in the Middle East. The US-based firm has opened an office...

KSA tops Mena’s crypto investment charts

Investors in Saudi Arabia made gains of more than US$350 million in 2023, according to industry data. Analysis from blockchain firm Chainalysis shows that Saudi...

UAE’s investment app users to hit 1m by 2028

The UAE is set to see more than one million users of investment apps in the next five years, according to research. Analysis from Singapore-based...

Middle East CEOs optimistic about economic growth

Almost two-thirds (61%) of business heads in the Middle East are optimistic about the prospect of increased economic growth in the next three to...

FAB to launch post-trade platform for asset managers

First Abu Dhabi Bank (FAB) is planning to launch a post-trade platform designed to cater for asset managers in the Mena market. The platform, called...

Digital assets firm gets initial approval in Dubai

DKK Partners, a fintech based in Dubai, has secured initial approval from the Virtual Assets Regulatory Authority (Vara) in Dubai. The approval allows DKK to...

DIFC to address digital assets inheritance

Dubai International Financial Centre (DIFC) is looking to address a growing concern within the investment world, the inheritance of digital assets. The DIFC Innovation Hub...

Dubai approves another crypto exchange

OKX, ranked as the second largest crypto exchange by volume, has been provisionally approved to launch a cryptocurrency exchange in Dubai. The Dubai Virtual Assets...