Banking & Finance

Bank of Sharjah acts as Mandated Lead Arranger in a US$ 800 Million Syndicated Revolving Credit Facility for Investcorp Capital

Bank of Sharjah has acted as a Mandated Lead Arranger in a US$ 800 Million 4-year Syndicated Revolving Credit Facility for Investcorp Capital, alongside...

UAE financial system more secure, efficient than ever before, says CBUAE

The total number of ATMs of banks operating in the UAE reached 4,654 in 2023

Egypt’s EFG Finance secures license for its new NBFI venture

The new venture is poised to complement EFG Finance’s core offering by catering to the financing needs of SMEs in Egypt

Qatar Islamic Bank launches FAWRAN instant payment service

The instant payments service offers a rapid and secure electronic payment solution, accessible 24/7

WATCH: The MEA Finance Open Banking and Beyond Summit, held last March 8 2024 at Mina A’Salam Hotel, Dubai

https://youtu.be/osbKQTqQAFU On Friday the 8th of March, MEA Finance, in partnership with GSS Group and Fiorano, hosted the Open Banking and Beyond Summit 2024. Honoured...

Emirates NBD-Egypt’s net profit jumps 174% to EGP 3.24 billion

Net interest income rose by 69%, registering EGP 7.3 billion in 2023, compared to EGP 4.3 billion a year earlier

Mastercard and First Abu Dhabi Bank signs exclusive long-term global partnership to redefine the region’s payments landscape

Mastercard and First Abu Dhabi Bank (FAB) announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East,...

ALEXBANK, Mastercard to launch new payment products in Egypt

The partnership seeks to advance the bank’s payment solutions strategy and enhance the financial services landscape

BEEAH and Emirates Islamic sign landmark ESG Agreement

BEEAH Group and Emirates Islamic officially entered a joint agreement for a groundbreaking partnership that includes Environmental, Social, and Governance (ESG) linked financing facility,...

UAE Trade Connect rebrands to “haifin”, supporting its broader vision to expand beyond UAE

UAE Trade Connect (UTC), an e& enterprise company and the first commercialised blockchain platform transforming trade finance in the UAE, unveiled its new brand...

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