Banking & Finance

Banking & Finance

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk

MEA Finance - 0
Dubai Islamic Bank successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243%...
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Banking & Finance

FAB unveils new trade platform for asset managers MENASSA

MEA Finance - 0
The new platform is designed to navigate global regulatory complexities that impact investment flows
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Banking & Finance

NBK-Egypt reports EGP 4.02 billion in annual net profit

MEA Finance - 0
Customer deposits continued to grow, rising by 25.42% to reach EGP 105.93 billion in 2023
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Banking & Finance

Al Maryah Community Bank in collaboration with Al Etihad Payments completes the first successful financial transaction on the new local “Jaywan” Debit Card

MEA Finance - 0
Al Maryah Community Bank announced that, as part of its participation in the launch of the local payment card system “Jaywan” by Al Etihad...
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Banking & Finance

Egypt’s FABMISR reports 131% increase in full-year profit

MEA Finance - 0
The bank’s total assets rose to EGP 295.4 billion in December 2023, a 43% increase from 2022
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Banking & Finance

ICD, Banque Misr to provide $30 million SME finance

MEA Finance - 0
Since its inception, ICD has provided $315 million in financing to Egypt, supporting private sector companies, financing lines to banks and direct investments
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Banking & Finance

Abu Dhabi Islamic Bank launches new payment hub

MEA Finance - 0
The bank has worked with ProgressSoft to ease the integration of cross-border services and accelerate cross-border remittances
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Banking & Finance

NBK unveils ‘NBK Wealth’ for premium wealth management solutions

MEA Finance - 0
The new brand caters to a sophisticated group of ultra-high-net-worth individuals and institutions with a passion for maintaining and accelerating their financial wellness
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Banking & Finance

BENEFIT records $77.1 billion in electronic transactions in 2023

MEA Finance - 0
All Fawri+ transactions reached a volume of nearly 335 million, a 37% increase from the previous year
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Banking & Finance

National Bank of Umm al Qaiwain announces AED 502.61 Million net profit in 2023

MEA Finance - 0
National Bank of Umm Al Qaiwain (NBQ) announces its exceptional financial performance for the fiscal year 2023, marked by a record net profit of...
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