Barclays and Lloyds have joined the FCA’s second AI live testing cohort alongside Experian, GoCardless and UBS, as UK banks accelerate their artificial intelligence investment. Read more: Barclays and Lloyds join FCA’s second AI sandbox as banks race to prove their tech credentials
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Barclays is reversing years of branch closures by opening new outlets and reinstating the bank manager title, as its UK chief bets on human touch to fend off digital-only rivals. Read more: Barclays bets on the high street once more with new branches and the return of the bank manager
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Revolut reports record £1.7bn profit and plans UK credit card launch after securing banking licence, as customer growth passes 70 million globally. Read more: Revolut posts record £1.7bn profit as it eyes UK credit card launch
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Allica Bank has been named the UK’s most recommended business bank in the 2026 Banking & Finance Awards, as the fintech reaches a $1.2bn valuation and expands SME lending. Read more: Allica Bank named most recommended business bank as fintech unicorn momentum builds
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The banking industry cannot continue tinkering with AI, it needs to embrace expertly designed systems that can address real world problems, says Patrick Sullivan, CEO of Parliament Street think tank The post GCC banks eye $100bn upside from agentic AI appeared first on Gulf Business.
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20 January 2026: National Bank of Fujairah (NBF) is pleased to announce the opening of its new NBF Ras Al Khaimah Branch, marking an important step in the Bank’s continued expansion across the Northern Emirates. Located in the Golf Apartment Building in Al Hamra, Ras Al Khaimah, the branch is now open and fully operational. The new branch reflects NBF’s continued investment in the Northern Emirates and its commitment to providing easy access to everyday banking and specialised services. Strategically situated in Al Hamra’s Al Jazeera district, the branch offers convenient ground-floor access, ample parking and proximity to residential, com
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Abu Dhabi, UAE – 03 December 2025: The Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has signed two Memorandums of Understanding (MoUs) with Abu Dhabi Islamic Bank (ADIB) to enhance cooperation in developing the endowment ecosystem, supporting its digital transformation, and facilitating the growth of sustainable endowment contributions within Abu Dhabi. The agreements were signed by Mohamed Abdelbary, Group Chief Executive Officer of ADIB, and H.E. Fahad Abdulqader Al Qassim, Director General of Awqaf Abu Dhabi, during an official ceremony held in Abu Dhabi. Through this partnership, Awqaf Abu Dhabi and ADIB are introducing
Read Full Story →Average account opening time reduced from 65 days to just five More than 3,000 new business bank accounts opened through DUL and more than 134,000 business profiles updated In total, over 900,000 DULs have been issued to businesses in Dubai since its rollout in 2023 Initiative advances goals of Dubai Economic Agenda, D33, and aligns […] Follow on Twitter @DubaiChronicle
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