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Category: FINANCE

Posted on 05/07/2022

Tecom’s 8% Drop in Dubai Signals Slowing Demand for Gulf IPOs

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyBezos Slam …
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Posted on 05/07/2022

Digital bank Zand receives UAE banking licence

Emirati digital banking start-up Zand, which provides retail and corporate services, said on Tuesday it had been granted a banking licence from the Central Bank of the United Arab Emirates. DUBAI, …
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Posted on 05/07/2022

Digital bank Zand and gets UAE regulatory greenlight

Pegged as the UAE’s first fully digital bank, Zand will offer both retail and commercial products and services Digital bank Zand and gets UAE regulatory greenlight banking experience, banking services …
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Posted on 05/07/2022

UAE Banks Federation reviews banking sector challenges, discusses action plan in its first meeting

The newly established council is to provide a broader platform for CEOs of member banks to share their opinions and widen decision-making bases UAE Banks Federation reviews banking sector challenges, …
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Posted on 05/07/2022

UAE digital bank Zand gets go-ahead from UAE Central Bank, on-boards first corporate clients

Dubai: The UAE digital bank Zand has been granted a license from the UAE Central Bank – and will now be known as ‘Zand Bank PJSC’. The bank – with Mohamed Alabbar and LuLu owner Yussufali as …
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Posted on 05/07/2022

Zand gets license from the Central Bank of UAE

By successfully securing a UAE banking license, Zand is now authorised and regulated to operate as a fully independent commercial bank …
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Posted on 05/07/2022

EDB Partners Reinforce Bank’s Strategic Role In UAE’s Economic Diversification And Industrial Transformation Agenda

Emirates Development Bank has, in the last 12 months, remade itself. In April 2021, EDB launched a new strategy to become the key financial engine of th …
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Posted on 05/07/2022

MENA’s largest open banking platform – Tarabut Gateway announces key senior appointments

New Chief Product Officer and Chief Commercial Officer appointed; HSBC’s former Global Head of Open Banking joins; Zivver’s former Chief Revenue Officer joins …
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Posted on 05/07/2022

Zand gets Central Bank licence, onboards first customers

By successfully securing a UAE banking licence, Zand is now authorised and regulated to operate as a fully independent commercial bank.
( read original story …)


Posted on 05/07/2022

UAE: Free courses to lean how to invest in the stock market

Would you like to learn how to invest from two of the best traders in the world? A new initiative from the international broker Leadcapital Corp Ltd promises to take the secrets of trading and stock …
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Posted on 04/07/2022

CEOs Consultative Council of UAE Banks Federation holds its first meeting

The CEOs Consultative Council of UAE Banks Federation (UBF), the umbrella body representing banks operating in the UAE and the unified voice for the UAE banking sector, held its first meeting under …
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Posted on 04/07/2022

UAE- based Digital Banking Start-up Raises $41mn

Dubai: A United Arab Emirates-based digital bank YAP raised $41 million and is planning on expanding into Saudi Arabia with the help o..|News Track …
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Posted on 04/07/2022

Dubai-based digital banking start-up YAP raises $41mln for expansion

Dubai-based start-up YAP, which operates a digital banking app, has raised $41 million to fund its expansion in the Middle East, Africa and South Asia. The new investment came from Saudi Arabia’s …
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Posted on 04/07/2022

UAE digital banking app YAP raises $41m to expand into new markets

UAE-based financial technology start-up and digital banking app YAP has raised $41 million as it seeks to expand into new markets and enhance its technology offerings. The funding round was led by …
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Posted on 04/07/2022

Dubai fintech YAP secures $41m led by Saudi Arabia’s Aljazira Capital

YAP has received regulatory clearance from Pakistan and will soon launch in Egypt Dubai: The digital banking focused fintech YAP has raised $41 million in additional funds from investors such as …
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Posted on 04/07/2022

Banking focussed fintech YAP secures $41m led by Saudi Arabia’s Aljazira Capital

YAP has received regulatory clearance from Pakistan and will soon launch in Egypt Dubai: The digital banking focused fintech YAP has raised $41 million in additional funds from investors such as …
( read original story …)


Posted on 04/07/2022

Digital banking start-up YAP raises $41 mln, to expand into Saudi Arabia

United Arab Emirates-based digital bank YAP said on Monday it had raised $41 million and plans to expand into Saudi Arabia through a partnership with a traditional bank in the kingdom.
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