#Digital Bank

DIB acquires minority stake in Türkiye’s T.O.M. Group

DIB acquires minority stake in Türkiye’s T.O.M. Group

The transaction will be formalised after the clearance from the Turkish competition watchdog

FAB’s quarterly profit up 61% on higher rates

FAB’s quarterly profit up 61% on higher rates

The banking group’s operating income reached Dhs6.8bn in Q2 2023, a 37 per cent YoY increase from the same period a year earlier

Nomo

Digital Islamic bank Nomo launches multi-currency accounts

First available in Kuwait, the multi-currency accounts will soon roll-out in phases to customers across the GCC

Liv. offers region's first in-app IPO subscription service

Digital bank Liv. offers region’s first in-app IPO subscription service

The initiative aims to support investor participation for upcoming listings

UAE digital bank Zand wins backing from Franklin, Aditya Birla

Digital banks have taken off with the spread of finance technology in Middle East

UAE’s new digital bank Zand set to launch ‘imminently’ after Dubai Bank acquisition

Dubai Bank, acquired from Emirates NBD, will be relaunched as Zand

Saqr - Fintech surge and United Arab Bank

The disruption of financial industry with challenger banks

In an interview with Gulf Business, Saqr Ereiqat, co-founder and managing partner of Riddermark and Ahmad Abu Eideh, CEO of United Arab Bank, share their insights from the industry

Emaar chief, Mohamed Alabbar, to chair new UAE digital bank

Zand aims to make banking quicker and simpler, via its digital offerings