Banking & Finance

Fitch says GCC banks show robust appetite for global expansion

GCC banks’ interest in Egypt is gaining momentum, driven by the improved macroeconomic environment

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

The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth

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

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

Mashreq allocates AED 1 billion in financing to industrial companies

The funding stimulates industrial companies by enabling them with additional financing solutions under the ‘Make it in the Emirates’ initiative

Jersey Finance partners with the Saudi British Joint Business Council

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

EGBANK, Network partner to advance customer experience

The partnership is a significant milestone in enhancing the banking experience for EGBANK’s customers and advancing the bank’s digital transformation

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

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...

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

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...

Ahli United Bank – Egypt partners with USAID’s Business Egypt Program

The landmark initiative stands as a testament to Ahli United’s commitment to sustainable finance and sustainability

Ajman Bank posts AED 233 million in H1 2024 net profit

The strong results were supported by a healthy balance sheet with total assets of AED 24.2 billion, customer deposits of AED 20.2 billion, and equity of AED 2.9 billion

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