Banking & Finance

Banking & Finance

Islamic digital bank Ruya launches in UAE

MEA Finance - 0
The neobank will offer a frictionless digital banking experience, built on strong security and intuitive design
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Banking & Finance

ADIB shareholders approve dividend of 71 fils per share for 2023

MEA Finance - 0
The dividend represents an increase from 49 fils per share in 2022, constituting 49% of the bank’s net profit for the year
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Banking & Finance

Mastercard partners with Central Bank of Jordan to build a more robust digital payment ecosystem in the Kingdom

MEA Finance - 0
Mastercard with Central Bank of Jordan (CBJ) collaborates to develop a payment ecosystem digitization blueprint for the country. The collaboration supports the Central Bank...
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Banking & Finance

Emirates NBD partners with DIFC Innovation Hub and Hale Education Group to support InnovAIte Hackathon

MEA Finance - 0
Emirates NBD announces their support of InnovAIte Hackathon, the first national AI Hackathon run by students for students in the UAE. The initiative, created...
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Banking & Finance

Mashreq closes US$88 million syndicated term loan facility for Joint-Stock Commercial Bank “Agrobank”

MEA Finance - 0
Mashreq, a leading financial institution in the MENA region, announced the closing of a US$88 million one-year syndicated term loan facility for Joint-Stock Commercial...
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Banking & Finance

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk

MEA Finance - 0
Dubai Islamic Bank successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243%...
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Banking & Finance

FAB unveils new trade platform for asset managers MENASSA

MEA Finance - 0
The new platform is designed to navigate global regulatory complexities that impact investment flows
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Banking & Finance

NBK-Egypt reports EGP 4.02 billion in annual net profit

MEA Finance - 0
Customer deposits continued to grow, rising by 25.42% to reach EGP 105.93 billion in 2023
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Banking & Finance

Al Maryah Community Bank in collaboration with Al Etihad Payments completes the first successful financial transaction on the new local “Jaywan” Debit Card

MEA Finance - 0
Al Maryah Community Bank announced that, as part of its participation in the launch of the local payment card system “Jaywan” by Al Etihad...
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Banking & Finance

Egypt’s FABMISR reports 131% increase in full-year profit

MEA Finance - 0
The bank’s total assets rose to EGP 295.4 billion in December 2023, a 43% increase from 2022
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