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MEA Finance

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Drawing on an increasing wealth of experience

The Middle East is rapidly becoming a thriving center  for high net worth individuals (HNWIs). For instance,  New World Wealth, a global wealth intelligence...

RAKBANK delivers highest ever half yearly net profit of AED 901M, up 71% year on year

The National Bank of Ras Al Khaimah (RAKBANK) reported its financial results for the first half of 2023 (“H1’23”) Key Financial Highlights Record net profit in...

Nasdaq Dubai celebrates the listing of USD 300 million Sukuk by Sobha Realty

Nasdaq Dubai welcomes the listing of a USD 300 million Sukuk by Sobha Realty, one of the region’s largest real estate developers. The Islamic...

AFS powers ila Bank’s newly launched prepaid cards

Developed in part by AFS, ila’s Prepaid Cards are features-led and give users digital payments flexibility, convenience and the highest standards of security. As...

Mastercard partners with Geidea to expand access to world-class payment solutions in Saudi Arabia

Mastercard has partnered with Geidea to offer consumers and businesses greater access to advanced card and payment solutions. Through Mastercard, Geidea will extend its range...

Standard Chartered Bank enters into sale agreements with Access Bank

Standard Chartered Bank and Access Bank Plc (Access) have entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola,...

Emirates NBD revamps digital bank Liv with new value proposition targeting Gen Now

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has revamped its digital bank Liv, with a...

DIFC continues to drive action on Global Climate Change on path to COP28, announces Future Sustainability Forum in Dubai

Dubai International Financial Centre (DIFC) announced its first edition of the Future Sustainability Forum. The Forum, which will be held on 4-5 October 2023...

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain

Mastercard’s’ Digital First program gives consumers a whole host of options in making payments - from ecommerce to contactless to QR, using any digital...

The IILM successfully reissues USD 790 million short-term Ṣukūk

  The reissuance is across three different tenors of one, three and six-month respectively where the three series were all priced competitively at: i)   5.23% for...

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