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MEA Finance

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ADIB full year net profit rises 45% to AED 5.25 billion

Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022

Network International appoints new Group Managing Director for Merchant Services, MENA

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has strengthened its senior management profile with the...

AFS and Kiya.ai partners to revolutionise digital banking solutions in the region

Arab Financial Services (AFS) and Kiya.ai announces a strategic partnership aimed at serving AFS’s regional bank clients alongside incumbent financial institutions and neo banks....

ADGM, Mastercard partner to empower SME community

The two entities will work with local banking partners to issue SME cards, which will offer a seamless and secure way to manage business expenses

EFG Holding’s Valu, Bosta partner to advance logistic solutions

The innovative approach is expected to significantly enhance the convenience and affordability of shopping for customers

Mashreq partners with UAE Fintech Fils to launch carbon offsetting services for corporate clients

Mashreq has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that helps corporate...

Gulf International Bank releases its first Taskforce for Climate-related Financial Disclosure (TCFD) report

In line with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD), Gulf International Bank B.S.C. (GIB) issued its first TCFD report where...

Finshape and Arab National Bank partners for Personalized Banking Solutions

Finshape announces strategic collaboration with Arab National Bank (anb), a major bank and a pioneer in innovation in Saudi Arabia. This collaboration aims to...

Greenstone Equity Partners inks GCC distribution deal with Trez Capital

Greenstone Equity Partners announced an alliance with North American real estate investment firm Trez Capital to enable investors in the Gulf Cooperation Council (GCC)...

UAE’s ADCB obtains banking licence from Saudi Central Bank

The bank will provide a comprehensive range of services for corporate and institutional clients, including financing and working capital solutions

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