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#MEA Finance Magazine

Interest rates are on their way up, but slowly

Across the world, interest rates are on their way up. The trigger is high inflation. Boosted by supply chain tensions, rising energy prices and...

Nasdaq Dubai welcomes listing of US$ 750 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of a US$ 750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year...

Zand announces shareholders, showcasing the strength of the company’s foundation

Zand, the first digital bank to provide both retail and corporate services, reveals shareholders, marking yet another milestone in preparation for an imminent launch. The...

Network International appoints new Regional Managing Director – Processing for GCC

Network International has announced the appointment of Navneet Dave as Regional Managing Director – Processing – GCC (excluding KSA). In his new role at...

Part of the Solution

How does combating climate change figure in your business mission imperatives?  Sebastian Frederiks: As a financial institution, we play a role by financing change, sharing knowledge,...

KARM Legal Consultant partners with ScaleCompliance GmbH to offer advanced crypto compliance services

KARM Legal Consultant PVT Limited, a UAE legal consultancy firm specialized in Corporate Blockchain, Fintech and Data Protection/Cyber laws, signed a long term collaboration...

HSBC launches green repurchase agreements with QNB transaction

HSBC has launched a new green finance instrument in the Middle East, North Africa and Turkey region that will help increase the short term...

‘Wio,’ a next-generation banking platform to launch in Abu Dhabi

ADQ, an Abu Dhabi-based investment and holding company, announced that the Central Bank of the UAE had granted in-principle approval to launch a new...

Open for Business

What is BNY Mellon’s overarching philosophy around Open Banking? We’re in a rapidly changing industry and markets landscape—from both a business and a technology perspective...

Bank ABC announces 2021 results, reports a net profit of US$100 million attributable to the shareholders of the parent

The Group delivered solid results during 2021, benefitting from a pick-up in activities across its core markets and much lower impairment charges. The current...

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