Banking & Finance

RAKBANK partners with Bitpanda Technology Solutions to unlock digital assets in the UAE

The National Bank of Ras Al Khaimah - RAKBANK partners with Bitpanda Technology Solutions, a leading digital assets infrastructure provider, to provide a robust...

EFG Holding’s quarterly profit surges by 95% to EGP 791 million

The banking group’s commercial banking division posted EGP 426 million in Q2 net profit, a 55% YoY as revenue growth outpaced the growth in expenses

NOW Money partners with Commercial Bank International and Network International to offer accessible financial services to GCC’s underserved migrant workers

NOW Money, a fintech that provides banking and payroll solutions to the underbanked migrant population in the Middle East, today announces its new strategic...

MENA region saw 14 IPOs valued at US$2.64b in Q2 2024

According to the EY MENA IPO Eye Q2 2024 report, IPO activity in the MENA region remained resilient with 14 IPOs raising US$2.64b in...

Bahrain’s BBK, DP World Trade Finance partner to boost region trade

The deal is expected to drive growth, improve operational efficiency, and provide comprehensive support to businesses navigating the complexities of regional and global trade

Bahrain’s GFH Financial Group posts $60.75 million in H1 2024

Earnings per share for the January-June period rose to $1.70, up from $1.55 in H1 2023, marking a 9.7% increase

Nasdaq Dubai welcomes USD 500 million Sustainability Sukuk by Warba Bank

Nasdaq Dubai welcomes the listing of USD 500 million Sustainable trust certificates issued by Warba Bank, a leading Kuwaiti Islamic Bank. This is the...

AFS partners with Samsung to accelerate digital payments landscape in Oman

Arab Financial Services (AFS), in partnership with Samsung Gulf Electronics, has introduced Samsung Pay to Oman, marking a significant milestone in the Sultanate's digital...

JLL, Mashreq partner to attain LEED zero carbon certification for global HQ

The 38,484 sqm Mashreq Global Headquarters in Downtown Dubai was awarded the LEED Zero Carbon certification from the US Green Building Council

Emirates NBD launches new branch in Riyadh’s financial district

The new destination in KAFD will cater to the community workforce, high-net-worth individuals HNWIs and business owners

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