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Banking & Finance

Emirates NBD unveils new program to drive UAE equity investments

MEA Finance - 0
The initiative provides investors with a convenient way to diversify their portfolios while contributing to the overall growth of the UAE’s economy
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Banking & Finance

Standard Chartered launches custody service for digital assets in UAE

MEA Finance - 0
The service enables clients to store their digital assets, supporting Bitcoin and Ethereum securely
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Banking & Finance

EDB launches AGRIX Accelerator to boost UAE food security

MEA Finance - 0
The AGRIX Accelerator will provide participants with access to advanced agricultural technologies, strategic business insights and sustainable farming practices
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Banking & Finance

EDB unveils AI Wave programme to boost operations

MEA Finance - 0
EDB is committed to fostering AI adoption through a comprehensive educational and awareness initiative
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Banking & Finance

Beko secures EUR 350 million loan from Emirates NBD Capital

MEA Finance - 0
The three-year loan, which was oversubscribed by 200%, will be used to support Beko’s general corporate purposes and business development activities
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Banking & Finance

Network International partners with Citi for corporate payment solutions

MEA Finance - 0
Citi will be able to offer its corporate clients superior payment management solutions, including enhanced transaction efficiency and seamless payment integration capabilities
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Banking & Finance

Al Ansari to acquire Bahrain’s BFC Group Holdings for $200 million

MEA Finance - 0
The strategic acquisition will allow Al Ansari to expand its geographic presence and become the largest remittance and exchange in the GCC region
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Banking & Finance

RAKBANK posts record AED 1.1 billion half-year profit

MEA Finance - 0
The bank's net interest income, including income from Islamic products net of distribution to depositors, reached AED 1.8 billion
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Banking & Finance

Mashreq allocates AED 1 billion in financing to industrial companies

MEA Finance - 0
The funding stimulates industrial companies by enabling them with additional financing solutions under the ‘Make it in the Emirates’ initiative
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Banking & Finance

Ajman Bank posts AED 233 million in H1 2024 net profit

MEA Finance - 0
The strong results were supported by a healthy balance sheet with total assets of AED 24.2 billion, customer deposits of AED 20.2 billion, and equity of AED 2.9 billion
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