Banking & Finance

Banking & Finance

EFG Holding posts EGP 3.1 billion in Q2 2023 revenue

MEA Finance - 0
The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses
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Banking & Finance

GFH Financial Group posts $54.62 million in half-year profit

MEA Finance - 0
Major contributions included income generated from the placement of the group’s global and regional investments, commercial banking business and treasury activities
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Banking & Finance

Egypt central bank signs MoU with London Institute of Banking & Finance

MEA Finance - 0
The agreement sets the stage for a fruitful partnership that will bring significant benefits to the North African country
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Banking & Finance

Ajman Bank’s AED 550 million rights issue oversubscribed

MEA Finance - 0
The rights issue will strengthen the capital base of the bank and the share capital will be increased to AED 2.7 billion
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Banking & Finance

FAB’s inaugural AED issuance achieves multiple milestones

MEA Finance - 0
First Abu Dhabi Bank (FAB) has successfully printed the first-ever AED denominated Green issuance in the UAE, with the Shariah-compliant instrument also marking FAB’s...
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Banking & Finance

Egypt’s aiBANK unveils aiPremier Elite for HNWI clients

MEA Finance - 0
aiPremier Elite features a bespoke banking experience providing non-banking services, including personal assistance benefits
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Banking & Finance

ADCB, talabat partner to introduce co-branded credit card

MEA Finance - 0
The new talabat ADCB Credit Card carries no annual fees and offers a wide range of exclusive benefits on the talabat app
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Banking & Finance

e& money launches prepaid card with cash rewards

MEA Finance - 0
e& money, the fintech arm of e& group, announces the launch of the e& money card, a digital first card for the UAE market...
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Banking & Finance

ADIB accelerates digital transformation with cloud technology

MEA Finance - 0
ADIB has been modernising its legacy applications and technical systems while leveraging the benefits of the cloud ecosystem
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Banking & Finance

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

MEA Finance - 0
The bank said its net banking income surged by more than 108% year-on-year to reach EGP 4.5 billion
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