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August 13, 2022
Finance Technologies

Emirati tycoon Mohamed Alabbar to chair UAE challenger Zand

Zand, a United Arab Emirates (UAE)-based digital banking challenger, is gearing up to launch both retail and corporate account services. At its helm is Emirati tycoon Mohamed Alabbar, best known as the founder of Emaar Properties, which developed the Burj Khalifa and the Dubai Mall. Zand is still waiting on its application for a full UAE banking licence He also founded noon, dubbed one of the Middle East’s largest homegrown e-commerce marketplaces. Now, Alabbar is throwing his weight behind a bet on digital banking. Zand joins fellow independent challengers YAP and Bankiom. Until recently, the UAE as only seen digital banking…
Emirati tycoon Mohamed Alabbar to chair UAE challenger Zand

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