Boubyan Bank to Launch Startup Accelerator Programme with DIFC FinTech Hive in Kuwait

Kuwait-based Islamic bank, Boubyan Bank, has signed an agreement with Dubai International Financial Centre (DIFC) FinTech Hive inaugurating the “Boubyan Bank Accelerator Program”.

Why it Matters?

The aim of the programme is to promote the growth and expansion of Kuwaiti startups, emphasising Boubyan Banks’s interest to encourage projects by young Kuwaitis. At the signing of the agreement, Abdullah AlTuwaijri, Chief Executive Officer (CEO) - Private, Consumer & Digital Banking of Boubyan Bank said the bank’s accelerator will aim to support early-stage, growth-driven companies by conducting training programmes, consultations and other support services. Raja Al Mazrouei, Executive Vice President of DIFC FinTech Hive said the programme is the beginning of...