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MEA Finance

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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...

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...

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