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MEA Finance

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APP Fraud: Regional Banks could get a head start by learning from others’ mistakes

The real-time-payments (RTP) revolution in the Middle East is gathering steam. ACI Worldwide’s recent Prime Time for Real Time report predicts the United Arab...

UBS Investor Sentiment: Investor optimism drops on inflation and geopolitical concerns

Optimism among high-net-worth investors dipped to early-pandemic levels on continuing concerns about the economic and market impact of inflation and the war in Ukraine,...

Infosys Finacle inducted to IFSCA Regulatory Sandbox to power blockchain-based trade finance

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys  announced that it has been inducted into International Financial Services Centres Authority’s (IFSCA) Regulatory Sandbox...

Supply Chain Innovation – Technology’s role in supply chain management and trade finance

International trade and global value chains are essential both for the prosperity of nations and for reducing geopolitical tensions. The distribution of production worldwide...

Backing to Advance

Does the growth equity funding of 120 million euros raised from motive partners represent an endorsement of your engagement banking strategy? Yes, I think it...

Optimum Asset Management signs distribution agreement with Greenstone Equity Partners

Optimum Asset Management, a boutique real estate investment manager, has signed an exclusive distribution agreement with Greenstone Equity Partners, a leading capital raising firm...

Mashreq moves beyond banking with the launch of Mashreq Business Banking Value Added Services

Mashreq has launched a non-banking business services platform called Mashreq Business Banking Value Added Services, forming part of the Bank’s commitment to enabling business...

Standard Chartered Bank reports record H1 Operating Profit in the Africa and Middle East region

Standard Chartered released its financial results for the first half of the year ending 30 June 2022. In the Africa and Middle East (AME) region,...

FAB reports a Group Net Profit of AED 8.0 Billion for the first half of 2022, up 50% year-on-year

H1’22 highlights: Group Net Profit at AED 8.0 Billion, up 50% yoy; annualised Earnings per Share at AED 1.43 Total Income at AED 12.5...

National Bank of Fujairah posted results with H1 2022 Net profit reached AED 150.5 million on the back of strong business growth and asset...

NBF announced its results for the six month period ended 30 June 2022. Highlights: NBF recorded year-on-year growth of 97.5% to close the six month...

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