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Asharq Al-Awsat

Business

Abu Dahbi - Asharq Al-Awsat

Digital Bank Wio Launches in UAE

UAE Economy GDP United Arab Emirates

Salem al-Nuaimi, Chairman of Wio Bank’s Board of Directors, during the inauguration of the platform on Tuesday, September 13, 2022. (WAM)

State-backed digital bank Wio announced Tuesday its official launch in the United Arab Emirates, becoming the first platform bank in the region.

This step aims to transform banking operating models towards a more digital future.

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