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MEA Finance

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Houlihan Lokey expands global capital markets group into MEA

Houlihan Lokey, the global investment bank, announced that Andy Cairns has joined the firm as a Managing Director and Head of Middle East and...

FAB reports net profit of AED 10.9 billion for the first nine months of 2022, up 19% year-on-year

Profitability supported by revenue growth in a rising rate environment, and lower provision charges; cost discipline maintained while continuing to invest in the business 9M’22...

Mashreq reports 33% increase in operating profits, AED 2.6 billion Net Profit and 12.1% growth in advances for 9M 2022

Mashreq reported its financial results for the nine months ending 30th September 2022. Key highlights: Strong Growth in Operating Income & Net Profit Operating...

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards

BitOasis, a cryptocurrency platform servicing the Middle East & North Africa (MENA) and Mastercard, have partnered to launch a series of crypto card programs...

Dubai Islamic Bank nine months 2022 group financial results

Dubai Islamic Bank announced its results for the period ending September 30, 2022. 9M 2022 Highlights: Substantial growth in Group Net Profit of 34% YoY...

NBB collaborates with Mastercard to launch 100% recycled cards

The National Bank of Bahrain (NBB) has recently announced its shift to 100% recycled plastic cards in partnership with Mastercard. This long-term initiative is...

UAE Banks Federation, the Central Bank and the Cyber Security Council, organises a workshop to simulate cyber attacks

Under the supervision of the Central Bank of the UAE, the UAE Banks Federation organised the largest simulated cyberattack in the Middle East, in...

Ministry of Interior, Lulu Money collaborate to deploy digital ‘Know Your Customer’ service

LuLu Exchange announced its collaboration with the Ministry of Interior to deploy a complete digital KYC journey through new-age facial recognition on its cross-border...

Dubai Islamic Bank publishes its Sustainable Finance Framework

Dubai Islamic Bank PJSC announced the publication of its Sustainable Finance Framework  which was created to facilitate the financing of green and social initiatives...

Audi SQ7 and SQ8 2022 models arrive in showrooms across Abu Dhabi and Al Ain

Audi Abu Dhabi have announced the arrival of the all-new 2022 Audi SQ7 and SQ8 models to showrooms across the capital and Al Ain. The...

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