Banking & Finance

ADIB accelerates digital transformation with cloud technology

ADIB has been modernising its legacy applications and technical systems while leveraging the benefits of the cloud ecosystem

Crédit Agricole Egypt’s H1 2023 profit jumps 146% to $81.2 million

The bank said its net banking income surged by more than 108% year-on-year to reach EGP 4.5 billion

Emirates NBD Group signs UAE Climate-Responsible Companies Pledge supporting UAE’s Net Zero 2050 Initiative

Emirates NBD has signed the UAE Climate-Responsible Companies Pledge initiated by the UAE Ministry of Climate Change and Environment. As a part of its ongoing...

Fintech firm Opay mulls Egypt digital bank license application

OPay’s digital bank will provide lending, savings and card services via the internet without the need for customers to go to branches

Dubai Islamic Bank announced its results for first half 2023

1H 2023 Highlights: Group Net Profit came in at AED 3,111 million, up 15% YoY compared to AED 2,700 million. Growth was driven by...

Mashreq delivers strong performance with 150% Surge in Net Profit to AED 3.5 Bn for 1H 2023

Mashreq announces the financial results for 1H 2023 displaying a strong performance and providing excellent shareholder value with an annualised return on equity of...

National Bank of Fujairah posted strong results in the first half of 2023 with net profit improving 120.7% to reach AED 332.1 million for...

National Bank of Fujairah PJSC (NBF) announce its results for the six month period ended 30 June 2023. Overview of Results and Operational Performance for...

RAKBANK delivers highest ever half yearly net profit of AED 901M, up 71% year on year

The National Bank of Ras Al Khaimah (RAKBANK) reported its financial results for the first half of 2023 (“H1’23”) Key Financial Highlights Record net profit in...

Standard Chartered Bank enters into sale agreements with Access Bank

Standard Chartered Bank and Access Bank Plc (Access) have entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola,...

Gulf International Bank partners with COP 28 World Climate Summit in Dubai

The World Climate Summit, in its 14th year, is the primary global platform for public-private partnerships at COP 28. The summit, which will once...

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