Banking & Finance

Banking & Finance

GFH Financial Group reports net profit of $45.1 million attributed to shareholders for 2020

MEA Finance - 0
GFH Financial Group announced its financial results for the fourth quarter and twelve months ended 31 December 2020. The Group reported net profit attributable to...
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Banking & Finance

ADIB reports FY 2020 net profit of AED 1.6 billion driven by a resurgent second half net profit growth of 73% compared to H1...

MEA Finance - 0
Abu Dhabi Islamic Bank (ADIB) delivered strong recovery of 73% growth in net profit in H2 2020 compared to H1 2020 despite the continuing...
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Banking & Finance

First Abu Dhabi Bank acquires Egypt’s Financial Regulatory Authority (FRA) custody license

MEA Finance - 0
First Abu Dhabi Bank (FAB) has obtained a custody license in Egypt from the Financial Regulatory Authority, Egypt’s Capital Market regulator. The license will...
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Banking & Finance

The shape of things to come

MEA Finance - 0
As a retail bank, what was your most influencing experience of 2020?  The commitment of our staff to focus on how we could continue to...
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Banking & Finance

Mashreq posts AED 5.1 Billion Revenue for YE 2020

MEA Finance - 0
Mashreq reported its financial results for the year ending 31st December 2020. YoY decline in revenue by 14.1% to AED 5.1bn The decline is...
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Appointments

Al Ahli Bank of Kuwait (ABK) appoints Omar Wahby as Chief Executive Officer – UAE

MEA Finance - 0
Al Ahli Bank of Kuwait (ABK), announced the appointment of Omar Wahby as CEO – UAE.  Omar has over 25 years’ experience across many...
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Banking & Finance

HSBC launches virtual debit cards for UAE businesses in Middle East first

MEA Finance - 0
HSBC has launched virtual debit cards for businesses in the UAE, a move that is a banking first in the Middle East. The launch...
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Banking & Finance

Better for the change

MEA Finance - 0
As retail bank, what was your most influencing experience of 2020? I think, COVID-19 and the resultant drive towards digital transformation has been the most...
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Banking & Finance

Emirates NBD announces investment outlook for 2021 : “The Age of Magic Money”

MEA Finance - 0
Emirates NBD has released its global investment outlook for 2021. Themed, “The Age of Magic Money” , the 2021 outlook was revealed to media by...
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Banking & Finance

Fueling the future of banking

MEA Finance - 0
How do you define Open Banking? Open Banking refers to the practice of banks sharing customer data securely (only with written consent) with third-party financial services...
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