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MEA Finance

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July 2023



Emirates NBD Group signs UAE Climate-Responsible Companies Pledge supporting UAE’s Net Zero 2050 Initiative

Emirates NBD has signed the UAE Climate-Responsible Companies Pledge initiated by the UAE Ministry of Climate Change and Environment. As a part of its ongoing...

Fintech firm Opay mulls Egypt digital bank license application

OPay’s digital bank will provide lending, savings and card services via the internet without the need for customers to go to branches

Dubai Islamic Bank announced its results for first half 2023

1H 2023 Highlights: Group Net Profit came in at AED 3,111 million, up 15% YoY compared to AED 2,700 million. Growth was driven by...

Mashreq delivers strong performance with 150% Surge in Net Profit to AED 3.5 Bn for 1H 2023

Mashreq announces the financial results for 1H 2023 displaying a strong performance and providing excellent shareholder value with an annualised return on equity of...

National Bank of Fujairah posted strong results in the first half of 2023 with net profit improving 120.7% to reach AED 332.1 million for...

National Bank of Fujairah PJSC (NBF) announce its results for the six month period ended 30 June 2023. Overview of Results and Operational Performance for...

Greenstone Equity Partners announces GCC distribution agreement with Rockwood Capital

Greenstone Equity Partners announces its strategic partnership with Rockwood Capital, a premier U.S. real estate investment firm. Rockwood has an established track record investing in...

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...

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