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Finacle Conclave 2025: global trends transforming banking

MEA Finance - 0
Key Themes and Discussions The conference with the theme “Next-Gen Now: Reimagine. Recompose. Realise.”, provided a platform for industry leaders to discuss emerging technologies, digital...
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Editors pick

Revolut launches UK bank

MEA Finance - 0
Revolut Bank UK Ltd has received regulatory approval from the Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank...
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Banking & Finance

RAKBANK profit hit record AED 2 billion for the first time

MEA Finance - 0
RAKBANK said that its profit after tax hit a record AED 2.1 billion, up 16% year on year
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Banking & Finance

ADCB, Ma’an partner to advance community engagement, social initiatives

MEA Finance - 0
ADCB is set to provide an estimated financial contribution of AED25 million over the next five years
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Banking & Finance

UAE Government launches KYC platform for enhanced financial data

MEA Finance - 0
The UAE central bank will oversee and regulate the operations of the company managing the KYC platform
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Banking & Finance

UAE banking sector’s net international reserves hit AED 1.27 trillion

MEA Finance - 0
The latest data showed that the central bank accounted for AED 771.6 billion of the sector’s net international reserves at the end of July
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Banking & Finance

Qatar’s QNB Group posts $3.5 billion in nine-month profit

MEA Finance - 0
The banking group’s total assets reached QAR1.28 trillion, a growth of 8% year-over-year
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Banking & Finance

Bahrain’s BBK, DP World Trade Finance partner to boost region trade

MEA Finance - 0
The deal is expected to drive growth, improve operational efficiency, and provide comprehensive support to businesses navigating the complexities of regional and global trade
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Banking & Finance

Saudi Arabia’s PIF signs deals worth $50bn with Chinese banks

MEA Finance - 0
The wealth fund said the MoUs covered areas of cooperation such as encouraging two-way capital flows via both debt and equity
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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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