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Citi and Etihad sign on first Sustainable Deposit Solution

Etihad Airways has become the first client to sign on to Citi ADGM’s Sustainable Deposit Solution. Citi’s newly launched deposit solutions will further assist...

National Bank of Bahrain partners with Mastercard to enhance portfolio through new premium offerings

The National Bank of Bahrain (NBB), and global technology company Mastercard have announced a strategic seven-year partnership to elevate their existing offerings and provide...

Commercial Bank International (CBI) is the first UAE bank to be in the Metaverse

Commercial Bank International announced that it is the first ever bank in the UAE to launch a virtual location in the Metaverse. CBI, a UAE...

Mashreq achieves 17% increase in operating profit and posts AED 1.4 billion Net Profit for 1H 2022

Mashreq reported its financial results for the first half ending 30th June 2022. Key highlights: Strong Growth in Operating Income & Net Profit Operating...

Fintonia Group awarded provisional Virtual Assets License in Dubai

Fintonia Group (Fintonia), an entrepreneurial financial services company based in Singapore, announced today that it has secured a provisional virtual asset license granted by...

Arab Financial Services expands its digital payments solutions into Egypt

Arab Financial Services (AFS) has announced plans to expand its payments footprint into Egypt, with the establishment of its Egypt hub. AFS (Egypt) will...

GFH acts as join lead manager on Dar Al Arkan’s US$400 million Sukuk issuance

GFH Financial Group today announced that it has acted as Joint Lead Manager, alongside other parties, on the pricing and issuance of a US$400...

The GCC Perspective

Have investment figures emanating from the GCC grown in recent years, both in terms of individual investors and size of commitments?  Faizal Bhana (FB): Jersey’s...

A growing and evolving regional market

What is driving the growth of wealth management and investment services in the GCC and the Middle East?  Local and global factors are at play...

July-August 2022

Sunil Kaushal Regional CEO of Standard Chartered Bank, Africa and Middle East (AME)

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