Banking & Finance

ADIB achieves AA ESG rating upgrade from MSCI

The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024

National Bank of Fujairah launches NBF Emerging Business Unit, to nurture the nation’s SMEs

The National Bank of Fujairah (NBF)  announced the launch of the NBF Emerging Business Unit, to provide personalised service and the support needed for...

Network International signs referral partnership with Zand Bank to transform fintech landscape

Network International has signed a referral partnership with Zand, aimed at enhancing and expanding financial services for fintechs and startups in the region. The partnership...

Beko secures EUR 350 million loan from Emirates NBD Capital

The three-year loan, which was oversubscribed by 200%, will be used to support Beko’s general corporate purposes and business development activities

Emirates NBD unveils millionaire account with AED 57 million prize pool

The account features a total prize pool of AED 57 million, distributed across various categories for Emiratis, residents, and businesses

Hala Ride partners with National Bonds to enroll its employees in Golden Pension Plan to secure their retirement planning

National Bonds, the UAE’s leading Shari'a-compliant savings and investment company, has partnered with Hala Ride, Dubai’s most convenient e-hailing taxi solution, to introduce a...

Kuwait Finance House sells entire stake in Sharjah Islamic Bank

The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank

ADIB accelerates cloud adoption to enhance customer experience

Cloudera Public Cloud on Azure has empowered ADIB to enhance data operations, delivering greater cost efficiency, flexibility, and scalability

Invest Bank teams up with Network International to boost its digital payments offerings

Network International and Africa, and Invest Bank have joined hands to extend Network’s digital payment services to the bank’s corporate customers. The milestone collaboration will...

FABMISR posts 139% surge in first-half net profit

Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023

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