Banking & Finance

Banking & Finance

Mashreq’s Net Profit surges 122% to AED 5.8 billion in the first 9 months of 2023

MEA Finance - 0
Mashreq announces its financial results for 9M 2023 continuing its strong sustainable growth trajectory and enhancing shareholder value with an Earnings per Share of...
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Banking & Finance

National Bank of Fujairah nine months net profit surges 122.5% to reach AED 513.2 million

MEA Finance - 0
NBF announces results for the nine month period ended 30 September 2023. Highlights: NBF recorded year-on-year growth of 122.5% to close the nine month period...
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Banking & Finance

Mashreq NEO PAY and Nymbl collaborate to revolutionize payment solutions and Ecommerce platform for UAE merchants

MEA Finance - 0
NEO PAY, powered by Mashreq, has entered a strategic partnership with Nymbl. This collaboration aims to provide a comprehensive solution to SME’s, combining both...
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Banking & Finance

Egypt raises RMB3.5 billion with debut sustainable panda bonds

MEA Finance - 0
Egypt will use the proceeds for inclusive growth and green objectives under its sovereign sustainable financing framework.
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Banking & Finance

Mashreq collaborates with Al Etihad Payments to unfold “Aani Instant Payment Services”

MEA Finance - 0
Mashreq has joined forces with Al Etihad Payments to introduce the state-of-the-art "Aani Instant Payment Services" on the Mashreq App. The latest service reshapes...
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Banking & Finance

National Bank of Umm Al Quwain achieves 385 million dirhams in net profits during the first nine months of the current year 2023

MEA Finance - 0
National Bank of Umm Al Quwain (NBQ) has reported a net profit of AED 385 million for the 9-months period ended on 30 Sep...
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Banking & Finance

Egypt’s Banque Misr secures $234 million from IFC to support SMEs

MEA Finance - 0
The loan to Banque Misr will catalyse job creation in Egypt through its focus on providing financing to micro and small businesses
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Banking & Finance

Mastercard, tmam partner to help GCC SMEs digitise corporate expenses

MEA Finance - 0
The collaboration will help small businesses digitise their corporate expenses while saving money on company spending.
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Banking & Finance

Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme

MEA Finance - 0
The incubator programme will run two cohorts per annum, each consisting of three to six fintech startups with UAE national founders and members
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Banking & Finance

Al Etihad Payments, NPCI International Payments to develop UAE domestic card scheme

MEA Finance - 0
The UAE’s domestic card scheme is scheduled to launch in early 2024 and it will facilitate the growth of e-commerce and digital transactions.
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