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Ajman Bank posts AED 233 million in H1 2024 net profit

The strong results were supported by a healthy balance sheet with total assets of AED 24.2 billion, customer deposits of AED 20.2 billion, and equity of AED 2.9 billion

Central Bank of Egypt keeps key policy rates unchanged

The central bank said that the decision reflects the recent developments and outlook at the global and domestic levels

myZoi launches UAE’s first inclusive Digital Wallet, championing social impact for the underbanked

myZoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked has launched the first inclusive digital wallet. This follows a...

RAKBANK to transform AI applications in banking operations supported by Microsoft

RAKBANK and Microsoft, as part of their ongoing collaboration, will be leveraging the power of artificial intelligence (AI) to transform various facets of operations...

National Bonds onboards United Arab Bank (UAB) to its Al Manassah Platform

National Bonds, the UAE’s leading Sharia-compliant savings and investment company, proudly announces the onboarding of United Arab Bank (UAB) to its innovative Sharia-compliant Al...

National Bank of Fujairah launches NBF EDGE, a first-of-its-kind account opening platform

The National Bank of Fujairah (NBF) announces the launch of NBF EDGE, a first-of-its-kind digital bank account opening platform designed to streamline and automate...

Ajman Bank launches AccelRight Business Credit Card in partnership with Visa

Ajman Bank has announced the launch of Ajman Bank AccelRight Business Credit Card in collaboration with Visa. The Memorandum of Understanding between Ajman Bank...

QNB Group’s half-year profit jumps 7% to $2.2 billion

Operating income grew by 9% to reach $5.5 billion, reflecting QNB’s ability to maintain growth across diverse revenue sources

CIB launches Egypt’s first private Mastercard Metal World Elite credit card

The exclusive card, available by invitation only, is designed for the bank’s high-net-worth clients within the private segment

Standard Chartered finances Abu Dhabi’s first waste-to-energy plant

The bank acted as the sole senior debt underwriter from the pre-bid stage and successfully syndicated the financing post-award, attracting both local and international banks

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