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Banking & Finance

Banking & Finance

Mashreq’s net profit in H1 2024 increases 14% to AED4 billion

MEA Finance - 0
The bank’s non-interest income rose to AED 1.9 billion, demonstrating a robust 26% growth YoY
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Banking & Finance

NBF Reports a 46% Increase in Net Profit Before Tax to AED 484.9 Million for the First Half of 2024; Net Profit After Tax...

MEA Finance - 0
Highlights: NBF recorded year-on-year growth of 46% to close the six-month period at a net profit before tax of AED 484.9 million compared to...
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Banking & Finance

Fitch says GCC banks show robust appetite for global expansion

MEA Finance - 0
GCC banks’ interest in Egypt is gaining momentum, driven by the improved macroeconomic environment
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Banking & Finance

Dubai Islamic Bank posts AED 3.4 billion in half-year net profit

MEA Finance - 0
The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth
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Banking & Finance

First Abu Dhabi Bank and Visa partner to expand Cross-Border Payments through Visa B2B Connect

MEA Finance - 0
Visa announced a significant partnership with First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, to expand the Visa B2B...
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Banking & Finance

Mashreq allocates AED 1 billion in financing to industrial companies

MEA Finance - 0
The funding stimulates industrial companies by enabling them with additional financing solutions under the ‘Make it in the Emirates’ initiative
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Banking & Finance

Jersey Finance partners with the Saudi British Joint Business Council

MEA Finance - 0
Jersey has been a leading international finance centre for more than 60 years, offering a forward-thinking and ESG-driven approach across the banking sector
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Banking & Finance

EGBANK, Network partner to advance customer experience

MEA Finance - 0
The partnership is a significant milestone in enhancing the banking experience for EGBANK’s customers and advancing the bank’s digital transformation
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Banking & Finance

Mastercard and Alshaya Group partner to drive growth of GCC’s retail sector through Aura loyalty programme co-brand launches

MEA Finance - 0
Alshaya Group has partnered with Mastercard to expand its award-winning loyalty programme, Aura. The partnership, which will see the launch of an Aura co-branded...
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Banking & Finance

Dubai Islamic Bank leads $3.25 billion financing transaction for GEMS Education

MEA Finance - 0
Dubai Islamic Bank (DIB) announces that it played a pivotal role in spearheading a landmark USD 3.25 billion financing facility for GEMS Education, the...
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