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MEA Finance

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FAB reports Group Net Profit for the first nine months of 2021, up 26% year-on-year

First Abu Dhabi Bank (FAB) reported its financial results for the nine-month period ended 30 September 2021. The Group generated a net profit of AED...

Saudi Arabia signs Memorandum of Understanding with HSBC in sustainable investment drive

The Ministry of Investment of the Kingdom of Saudi Arabia has signed a Memorandum of Understanding (“MoU”) with the HSBC Group to identify and...

Commercial Bank of Dubai (CBD) reports net profit, up on the prior period

Commercial Bank of Dubai (CBD) reported its financial results for the first nine months of 2021. Commercial Bank of Dubai has delivered a net profit...

Emirates NBD Asset Management strengthens ESG commitment as signatory to UN-supported Principles for Responsible Investment

Emirates NBD Asset Management, part of Emirates NBD has strengthened its commitment to responsible investment by becoming a signatory of the United Nations-supported Principles...

Dubai Islamic Bank nine months 2021 group financial results, maintained strong operating performance

Dubai Islamic Bank announced its results for the period ending September 30, 2021. 9M 2021 Highlights: Sustained sequential growth in profitability supported by disciplined cost management...

Leaders from World Alliance of International Financial Centers convene in Dubai for the first time at DIFC

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region is hosting a meeting of...

NBF delivered robust nine month results, reflecting on-going focus on quality core business supported by strong capital adequacy and liquidity position

National Bank of Fujairah announce its results for the nine month period ended 30 September 2021 with profit up 36.4%. Highlights: NBF achieved a net...

Al Maryah Community Bank appoints Adeeb Ahamed of LuLu Financial Holdings as an Advisor to its Board

UAE’s first licensed digital-only bank – Al Maryah Community Bank LLC, has appointed Adeeb Ahamed, Managing Director of Abu Dhabi based LuLu Financial Holdings...

DDCAP Group™ office in Bahrain is authorised by the Bahraini authorities

DDGI Limited (Bahrain) will be DDCAP’s 4th business hub, expanding the Group’s existing footprint in Dubai, Kuala Lumpur and London. A ground presence in Bahrain will...

Mashreq Bank and Visa collaborate to revolutionize how businesses track and trace expenses

Mashreq Bank has collaborated with Visa to develop a new digital reconciliation platform for real-time tracking, tracing and analysis of company expense accounts. This new...

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