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MUFG appoints new Head of Global Corporate and Investment Banking for Middle East and North Africa

MUFG announced the appointment of Wael Al Sharif as Head of Global Corporate and Investment Banking (GCIB) for the Middle East and North Africa...

National Bank of Umm al Qaiwain announces AED 502.61 Million net profit in 2023

National Bank of Umm Al Qaiwain (NBQ) announces its exceptional financial performance for the fiscal year 2023, marked by a record net profit of...

UAE’s Mashreq Global Network, ITIDA partner to expand operations in Egypt

Mashreq Global committed to hiring a minimum of 300 new Egyptian employees over the three-year duration of the agreement

AFS, Xpence partner to innovate SME finance in Bahrain

The alliance is poised to deliver unparalleled financial control and efficiency to Bahrain’s burgeoning SME sector

Dubai Islamic Bank Launches ‘SHAMS’ Credit Card in partnership with Visa

Dubai Islamic Bank (DIB) has launched “SHAMS” Credit Card in partnership with Visa, a world leader in digital payments. The SHAMS Visa credit card is...

GFH net profit increase 13.97% for 2023 attributable to shareholders totalling to US$ 102.86 million

GFH Financial Group announces its financial results for the fourth quarter and twelve months ended 31 December 2023. Net profit attributable to shareholders was US$23.94...

MENA M&A activity in 2023 remains resilient due to SWF focus on national development

According to the EY MENA M&A Insights 12M 2023 update, the MENA region witnessed a steady M&A market with total deal value for 2023...

WATCH: MEA Finance Leadership Series interview with Adnan Anwar, Deputy CEO at National Bank of Fujairah (NBF)

https://youtu.be/T84AB0mz71Q As part of the MEA Finance Leadership Series Interviews, Adnan Anwar, Deputy Chief Executive Officer at National Bank of Fujairah (NBF), explains the factors...

Emirates NBD unveils criteria for SMEs to participate in ‘Dubai Growth Initiative’

The first phase of the initiative is open to Dubai-founded SMEs in select sectors including food and beverage, FMCG and e-commerce

Al Baraka Bank teams up with Mastercard to advance banking in Egypt

The collaboration is expected to cater to the needs of individuals in the realm of digital payments and streamline corporate expense management

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