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Banking & Finance

EFG Hermes unveils $300 million Saudi Education Fund

MEA Finance - 0
The transaction is subject to certain conditions and regulatory approvals
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Banking & Finance

Dubai’s Emirates NBD posts AED 19.0 billion in nine-month profit

MEA Finance - 0
The banking group’s deposit base strengthened significantly, with AED 60 billion added by September 2024
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Banking & Finance

barq, Mastercard join forces to offer enhanced payment capabilities

MEA Finance - 0
The partnership will enable barq to expand its service offering, utilising Mastercard Gateway’s seamless payment processing technology
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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

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

SAMA regulations enhance Saudi Islamic banks’ Sharia governance, Fitch says

MEA Finance - 0
The regulations issued cover profit-sharing investment accounts and aim to enhance Sharia compliance
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Banking & Finance

Citi, Emirates NBD partner to launch US cross-border payments

MEA Finance - 0
Emirates NBD will fully utilise Citi’s 24/7 USD clearing capabilities, including commercial payments and execution of treasury payments
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Banking & Finance

Emirates NBD, Pine Labs partner to strengthen merchant acquiring solutions

MEA Finance - 0
The bank plans to deliver cutting-edge merchant-acquiring processing solutions for its clients in the UAE, with plans to expand to Saudi Arabia and Egypt
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Insurance

ADNIC completes acquisition of 51% stake in Allianz Saudi Arabia

MEA Finance - 0
ADNIC has been actively exploring opportunities and expanding its geographical footprint as part of its growth strategy
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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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