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Banking & Finance

Fitch says GCC banks show robust appetite for global expansion

MEA Finance - 0
GCC banks’ interest in Egypt is gaining momentum, driven by the improved macroeconomic environment
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Banking & Finance

Jersey Finance partners with the Saudi British Joint Business Council

MEA Finance - 0
Jersey has been a leading international finance centre for more than 60 years, offering a forward-thinking and ESG-driven approach across the banking sector
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Banking & Finance

NBK-Egypt reports EGP 1.28 billion in net profit in Q1 2024

MEA Finance - 0
Net operating income stood at EGP 2.75 billion, up 48.6% from EGP 1.85 billion recorded in the corresponding period of 2023
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Banking & Finance

Bahrain’s GFH Financial Group posts 13.03% jump in Q1 profit

MEA Finance - 0
Earnings per share for the quarter was $0.77 compared with $0.72 in the first quarter of 2023
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Banking & Finance

Bank of Sharjah reports net profit of AED80 million in Q1 2024

MEA Finance - 0
The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness
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Banking & Finance

First Abu Dhabi Bank posts 6% rise in Q1 profit to AED 4.2 billion

MEA Finance - 0
The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio
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Banking & Finance

Snowdrop, PwC Middle East partner to advance digital banking

MEA Finance - 0
Snowdrop’s transaction enrichment API is already gaining recognition in the Middle East region
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Banking & Finance

SocGen to sell Moroccan business for EUR 745 million

MEA Finance - 0
The transaction is subject to the usual condition’s precedent, including the approval of the relevant regulatory authorities
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Banking & Finance

UAE financial system more secure, efficient than ever before, says CBUAE

MEA Finance - 0
The total number of ATMs of banks operating in the UAE reached 4,654 in 2023
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Banking & Finance

Egypt’s GAFI signs MoU with HSBC to boost foreign investments

MEA Finance - 0
HSBC will introduce and connect more international investors to the growing business opportunities in Egypt
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