Banking & Finance

Kuwait Finance House achieved KD 101.2 million net profit until end of Q3 of 2020

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has reported net profit of KD 101.2 Million until end of Q3...

FAB fully digitises account opening process for UAE SMEs

First Abu Dhabi Bank (FAB) has become the first bank in the Middle East to fully digitise the account opening process for SMEs through...

Sustainable innovation and human happiness to drive post-COVID growth in Middle East cities

Research from HSBC shows that the largest cities across the Middle East, North Africa and Turkey (MENAT) will need to prioritise sustainable innovation, empower...

Emirates NBD launches a global first customizable Visa Flexi Credit Card

Emirates NBD announced the launch of the Visa Flexi Credit Card, enabling cardholders to customize their credit cards with benefits of their choice. As a...

United Arab Bank and Mastercard announce strategic partnership to accelerate payments innovation in the UAE

United Arab Bank (UAB) and global payment technology provider Mastercard have announced a milestone agreement which sees Mastercard become the preferred and exclusive partner...

First Abu Dhabi Bank (FAB) third quarter 2020 group net profit of AED 2.5 billion, up 4% quarter-on-quarter

First Abu Dhabi Bank (FAB) announced its financial results for the nine-month period ended 30 September 2020. Following a resilient first, the bank delivered solid...

ADIB launches “ADIB Rise” to meet the needs of Emerging Affluent Customers

Abu Dhabi Islamic Bank (ADIB) announced the launch of “ADIB Rise”, a new banking proposition catering to the needs of emerging affluent customers...

ADIB brings Apple Pay to customers

Abu Dhabi Islamic Bank (ADIB) brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing...

SHUAA Capital successfully prices USD 150m bond issuance

SHUAA Capital an asset management and investment banking platform in the region, announces that it has successfully priced a USD 150 million bond issuance....

FAB shareholders approve transfer of legacy FGB banking licence to ADQ

First Abu Dhabi Bank (FAB) has received shareholder approval to transfer its legacy FGB banking licence to ADQ, one of the region's largest holding...

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