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MEA Finance

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EFG Hermes reports EGP 965 million in group revenues and net profit of EGP 90 million in 1Q20 as it adopts prudent measures in...

EFG Hermes, reported today a net profit after tax and minority interest of EGP 90 million in 1Q20, on revenues of EGP 965 million,...

UAE Bank Federations’s CEO’s advisory council hosted a virtual meeting to discuss latest developments and initiatives in UAE banking sector

The CEO’s Advisory Council of the UAE Banks Federation (UBF) held a virtual meeting today to discuss the gradual reopening of the economy, and...

Dubai SME allocates AED 20 million to guarantee capital for SMEs through The Fund & Beehive partnership

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has allocated AED 20 million for the...

Ministry of Finance holds remote training session on financial systems (Payment System)

The Ministry of Finance (MoF) held a remote training session for users of the federal financial system - Oracle - in government entities. The...

SCC publishes documentary highlighting role of the stimulus package in business sustainability

Under the title “What do you know about the economic stimulus package”, the Sharjah Consultative Council, SCC, has published today on its social media...

ENBD REIT announces rent relief measures to help tenants overcome impact of Covid-19

ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced a relief initiative for tenants that...

Investment Corporation of Dubai (ICD) shares 2019 financial results

Investment Corporation of Dubai (ICD) today announced its consolidated financial results for theyear ended 31 December 2019 having achieved Revenues of AED 228.0 Billion...

Arab Monetary Fund extends a new Automatic Loan to the Kingdom of Morocco, with an amount of Arab Accounting Dinar 30.844 million, the equivalent...

The Arab Monetary Fund (AMF) is keen to support the efforts of its member countries to implement economic, financial and structural reforms, in face...

GEIDEA Launches Beta Testing For New Payment Process Products In Saudi SME Market

Leading Saudi fintech company, Geidea has officially launched its BETA testing for a host of new state of the art digital payment processing and...

Four common payroll pitfalls to avoid

Payroll management sounds simple in theory. However, it’s surprisingly easy for a growing business to make payroll-related mistakes, especially if it doesn’t have robust...

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