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MEA Finance

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Tarabut Gateway raises US$32M to boost Open Banking in KSA

Tarabut Gateway announces the completion of a US$32 million Series A fundraise. The funding round was led by Pinnacle Capital, a leading alternative investment firm...

Paymentology announces partnership with Nomo

Paymentology announces a strategic partnership with Nomo Bank (Nomo), the world’s first fully digital Sharia-compliant cross-border bank. Nomo, part of the Bank of London and The...

Mashreq appoints Mohamed Abdel Razek as Group Head of Technology, Transformation & Information

Mashreq announces the appointment of Mohamed Abdel Razek as the Group Head of Technology, Transformation & Information. In this role, he will lead Mashreq's...

Mashreq reports a Net Profit of AED 1.6 Billion for the first quarter 2023

Mashreq announces the financial results for Q1 2023 demonstrating a robust performance and crossing the AED 200 billion in total assets milestone, as outlined...

FAB reports with a Group net profit of AED 3.9 billion in the first quarter

Key Highlights Strong start to 2023 with Group operating income of AED 6.7 billion, up 14% sequentially and 51% year-on-year, driven by sustained momentum...

National Bank of Fujairah announces Q1 2023 results with net profit surges 151.8% reaching AED 152 million

NBF announce its results for the three month period ended 31 March 2023. Highlights: NBF recorded year-on-year growth of 151.8% to close the three month...

RAKBANK announces quarterly Net Profit at AED 450 million for Q1’23

RAKBANK delivered a Net Profit increase of 105% for Q1 2023 driven by a robust and diversified growth on both sides of the balance...

UAE announces launching Domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) with size of AED 1.1 billion

The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE...

VIDEO: MEA Finance Leadership Series with Sido Bestani, Managing Director, MEA & India subcontinent, SWIFT

https://youtu.be/RmKWiFHF0Zw In this MEA Finance Leadership Series Video, Sido Bestani Managing Director, Middle East, Africa and India Sub Continent for Swift, answers questions about the...

MultiBank Group holds corporate Iftar gathering in Dubai 200+ employees attending

MultiBank Group, a leading financial institution, hosted a corporate iftar in Dubai on April 18, 2023, at Dana Ramadan Tent in City Walk. The...

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