Banking & Finance

Banking & Finance

ADIB full year net profit rises 45% to AED 5.25 billion

MEA Finance - 0
Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022
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Banking & Finance

ADGM, Mastercard partner to empower SME community

MEA Finance - 0
The two entities will work with local banking partners to issue SME cards, which will offer a seamless and secure way to manage business expenses
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Banking & Finance

EFG Holding’s Valu, Bosta partner to advance logistic solutions

MEA Finance - 0
The innovative approach is expected to significantly enhance the convenience and affordability of shopping for customers
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Banking & Finance

Mashreq partners with UAE Fintech Fils to launch carbon offsetting services for corporate clients

MEA Finance - 0
Mashreq has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that helps corporate...
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Banking & Finance

Gulf International Bank releases its first Taskforce for Climate-related Financial Disclosure (TCFD) report

MEA Finance - 0
In line with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD), Gulf International Bank B.S.C. (GIB) issued its first TCFD report where...
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Banking & Finance

UAE’s ADCB obtains banking licence from Saudi Central Bank

MEA Finance - 0
The bank will provide a comprehensive range of services for corporate and institutional clients, including financing and working capital solutions
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Banking & Finance

Emirates NBD-Egypt, GV Developments partner to develop Tarboul Industrial City

MEA Finance - 0
Emirates NBD-Egypt is strengthening Tarboul Industrial City’s development by providing the project’s feasibility study
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Banking & Finance

Bank Nizwa, Oman Housing Bank partner to provide home financing solutions

MEA Finance - 0
Bank Nizwa is among four distinguished banks enlisted as finance partners to provide applicants with government-subsidized housing financing
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Banking & Finance

UAE’s Zand Digital Bank signs MoU with RERA

MEA Finance - 0
Escrow accounts are specialised bank accounts designated for real estate projects, serving as repositories for funds collected from off-plan investors
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Banking & Finance

ADIB launches B2B marketplace to empower SMEs

MEA Finance - 0
The online platform is an ecosystem for SMEs and allows businesses to digitally access multiple services and offers
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