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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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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

GFH Financial Group posts $78.9 million in nine-month profit

MEA Finance - 0
The group’s total assets increased by nearly 8% to reach $10.54 billion in the nine months to September 30 from $9.76 billion in December 2022
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Banking & Finance

Standard Chartered to start operations in Egypt by year-end

MEA Finance - 0
The bank appointed Mohammed Gad as CEO of Standard Chartered Egypt effective immediately.
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Banking & Finance

Emirates NBD makes equity investment in Komgo

MEA Finance - 0
The equity investment was made by Emirates NBD’s Innovation Fund, the banking group’s corporate venture fund.
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Banking & Finance

Mashreq unveils ‘Reignite’ global programme to empower women

MEA Finance - 0
Mashreq Bank has unveiled ‘Reignite’, its new Returning Women programme for female professionals wishing to resume their careers after a break. Backed by a...
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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

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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