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MEA Finance

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Banking & Finance

Oman’s Sohar International completes $338 million rights issue, largest of 2024

MEA Finance -
The proceeds from the rights issue will be used to enhance capital buffers, fuel strategic initiatives and expand product and service offerings
Banking & Finance

Al Ansari, Halan partner to pioneer multiple financing services

MEA Finance -
The partnership underscores Al Ansari and Halan’s shared commitment to enhancing financial inclusion while delivering cutting-edge solutions
Banking & Finance

Sheikh Hamdan approves resolution to penalise non-compliant foreign banks

MEA Finance -
The resolution establishes measures to flag non-compliant foreign banks and specifies penalties for breaches of administrative guidelines
Banking & Finance

Emirates NBD joins National Incubator Network

MEA Finance -
Through the National Incubator Network, Sandooq Al Watan aims to offer comprehensive support and development for SME initiatives
Editors pick

Dubai Finance, PwC Academy team up to launch Tax Professional Certificate

MEA Finance -
The programme to obtain professional tax certificates spans 18 training days, totalling 108 training hours
Banking & Finance

ADCB, Ma’an partner to advance community engagement, social initiatives

MEA Finance -
ADCB is set to provide an estimated financial contribution of AED25 million over the next five years
Banking & Finance

AlRayan Bank, HSBC complete debut Islamic ESG KPI-linked repo transaction

MEA Finance -
The bank offers a number of environmental, social and governance products, including green deposits and financing for electric vehicles
Banking & Finance

AFS, Mediterranean Bank team up to introduce advanced card solutions in Libya

MEA Finance -
The payment solutions provider and fintech enabler will deliver comprehensive card processing and sponsorship services
Banking & Finance

Emirates NBD Egypt grants EGP 2.5 billion in credit facilities to ACC

MEA Finance -
The agreement highlights Emirates NBD Egypt’s unwavering commitment to driving sustainable economic growth and fostering long-term development
Banking & Finance

Emirates NBD, ADIB close finance deal for London student housing

MEA Finance -
The 50/50 club deal marks a significant collaboration between the two banks and enhances the UAE’s banking presence in key international markets
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