Banking & Finance

ADCB posts 30% growth in nine-month net profit

The bank’s total assets grew by 19% to AED 639 billion by the end of September 2024, with net loans and advances to customers increasing by 21%

Magnati partners with Ajman Bank to enhance financial solutions for SMEs in the UAE

Magnati has partnered with Ajman Bank to launch an embedded finance solution aimed at supporting the growth of SMEs. This collaboration will provide seamless...

Mastercard supports transformation of Saudi Arabia’s Digital Payment Ecosystem with the launch of local technology infrastructure

Mastercard announced the launch of world class technology infrastructure in Saudi Arabia that will enable the processing of ecommerce transactions locally, providing a seamless...

UAE central bank advances cross-border open finance with ‘Project Aperta’

Project Aperta is a prototype of a trusted network connecting open finance infrastructures from multiple jurisdictions

Dubai’s Emirates NBD posts AED 19.0 billion in nine-month profit

The banking group’s deposit base strengthened significantly, with AED 60 billion added by September 2024

Standard Chartered pioneers sustainable borrowing base trade loans

The solution will be available in the US, UK, UAE, South Africa, Singapore and Hong Kong, with further market launches expected in the future

WATCH: MEA Finance hosted the 2024 Banks and Fintechs Forum at Fintech Surge

https://youtu.be/H-raIVKUA2A MEA Finance partnered with Fintech Surge 2024 to hold The MEA Finance Banks and Fintechs Forum & Awards. This special forum held at the epicentre...

FAB reports Group revenue of AED 23.9 billion and net profit of AED 12.9 billion for 3rd quarter of 2024

First Abu Dhabi Bank (FAB) delivered robust results in the first nine months of 2024 as increased client activity across the Group’s franchise lifted...

The Mastercard Payment Passkey Service debuts in the Middle East with noon Payments, revolutionizing the online checkout experience using biometrics

Mastercard has partnered with noon Payments, one of the biggest payment service providers in the Middle East and North Africa, to bring its Payment...

Moro Hub collaborates with Dubai Islamic Bank to deliver secure colocation and advanced cybersecurity services

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, signed a Memorandum of Understanding with Dubai Islamic...

Latest news

X
Join our mailing list
Your subscription could not be saved. Please try again.
Your subscription has been successful.
To be updated with all the latest news, offers and special announcements.
Join our mailing list
To be updated with all the latest news, offers and special announcements.
Your subscription could not be saved. Please try again.
Your subscription has been successful.