Boubyan Bank the leading Islamic bank based in Kuwait has signed a landmark agreement with DIFC FinTech Hive to launch Boubyan Bank Accelerator Program . The project the first-of-its-kind in Kuwait aims to accelerate the growth and expansion of Kuwaiti startups and reflects the bank s keenness to support young Kuwaitis projects establishing Boubyan Bank as the first bank to run a FinTech startup accelerator in Kuwait. The agreement was signed in Dubai by Boubyan Bank s CEO - Private Consumer & Digital Banking Abdulla Al-Tuwaijri and DIFIC FinTech Hive s Executive Vice President Raja Al Mazroui; in the presence of several key officials representing both parties. Al-Tuwaijri stated: Boubyan Bank continues its pioneering efforts started years ago to shape the future of the financial sector in Kuwait while strengthening its position as a leader in innovation digital services ...

Boubyan Bank Group today announces the launch of Nomo a fully licensed and regulated UK Islamic digital bank catering for customers with a global financial outlook. Nomo has launched as a brand name of the UK-based Bank of London and The Middle East (BLME) in which Boubyan Bank is a majority shareholder. Nomo has been developed to accommodate a growing segment of individuals in the Middle East with international banking needs. Nomo provides a digital solution for accessing moving and investing money in the UK and internationally with ease and assurance. Eligible customers from Kuwait will be able to open their new UK account in minutes through the cutting-edge and intuitive Nomo iPhone app providing them with the ability to make seamless international payments in GBP ( ) and USD ( ) and transact through a virtual and/or digital MasterCard debit card. Nomo also caters to its customers through a ran...

SSH a key masterplanning infrastructure and project management company in the Middle East said it has started work on the new Boubyan Bank headquarters in Kuwait. A leading player in the building design and construction supervision sectors in the Middle East SSH has a reputation for design integrity and a portfolio that includes landmark projects throughout the region. It has offices in Abu Dhabi Algeria Bahrain Dubai Kuwait London Oman Qatar Saudi Arabia Sub-Saharan Africa and North Africa. The design service for the landmark project was delivered by SSH in association with Perkins Eastman. Once complete the HQ building will offer Boubyan Bank the opportunity to utilise technology in banking real estate and investments while benefitting from spacious offices convention halls and other large public spaces said senior ...