Banking & Finance

Banking & Finance

Oman’s Sohar International completes $338 million rights issue, largest of 2024

MEA Finance - 0
The proceeds from the rights issue will be used to enhance capital buffers, fuel strategic initiatives and expand product and service offerings
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Banking & Finance

Al Ansari, Halan partner to pioneer multiple financing services

MEA Finance - 0
The partnership underscores Al Ansari and Halan’s shared commitment to enhancing financial inclusion while delivering cutting-edge solutions
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Banking & Finance

Sheikh Hamdan approves resolution to penalise non-compliant foreign banks

MEA Finance - 0
The resolution establishes measures to flag non-compliant foreign banks and specifies penalties for breaches of administrative guidelines
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Banking & Finance

Emirates NBD joins National Incubator Network

MEA Finance - 0
Through the National Incubator Network, Sandooq Al Watan aims to offer comprehensive support and development for SME initiatives
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Banking & Finance

ADCB, Ma’an partner to advance community engagement, social initiatives

MEA Finance - 0
ADCB is set to provide an estimated financial contribution of AED25 million over the next five years
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Banking & Finance

AlRayan Bank, HSBC complete debut Islamic ESG KPI-linked repo transaction

MEA Finance - 0
The bank offers a number of environmental, social and governance products, including green deposits and financing for electric vehicles
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Banking & Finance

AFS, Mediterranean Bank team up to introduce advanced card solutions in Libya

MEA Finance - 0
The payment solutions provider and fintech enabler will deliver comprehensive card processing and sponsorship services
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Banking & Finance

Emirates NBD Egypt grants EGP 2.5 billion in credit facilities to ACC

MEA Finance - 0
The agreement highlights Emirates NBD Egypt’s unwavering commitment to driving sustainable economic growth and fostering long-term development
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Banking & Finance

Emirates NBD, ADIB close finance deal for London student housing

MEA Finance - 0
The 50/50 club deal marks a significant collaboration between the two banks and enhances the UAE’s banking presence in key international markets
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Banking & Finance

CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

MEA Finance - 0
The two authorities agreed to establish connectivity between the debt capital markets and the related financial market infrastructures between Hong Kong and the UAE
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