Thursday, November 21, 2024
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Banking & Finance

EFG Hermes unveils enhanced custody and asset servicing platform

Arabiya Capital Staff -
The new platform offers coverage in more than 40 markets across MENA, sub-Saharan Africa, Southeast Asia, Europe, and North America
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Crédit Agricole CIB, Kepler Cheuvreux expand equity capital markets partnership

Arabiya Capital Staff -
The deal has established a local presence for Kepler Cheuvreux in the UAE, which will initially cover equity research and distribution across the Gulf region
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ADIB achieves AA ESG rating upgrade from MSCI

Arabiya Capital Staff -
The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024
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Beko secures EUR 350 million loan from Emirates NBD Capital

Arabiya Capital Staff -
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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Emirates NBD unveils millionaire account with AED 57 million prize pool

Arabiya Capital Staff -
The account features a total prize pool of AED 57 million, distributed across various categories for Emiratis, residents, and businesses
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Kuwait Finance House sells entire stake in Sharjah Islamic Bank

Arabiya Capital Staff -
The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank
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FABMISR posts 139% surge in first-half net profit

Arabiya Capital Staff -
Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023
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ADIB accelerates cloud adoption to enhance customer experience

Arabiya Capital Staff -
Cloudera Public Cloud on Azure has empowered ADIB to enhance data operations, delivering greater cost efficiency, flexibility, and scalability
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Emirates NBD, BeZero Carbon partner for carbon market confidence

Arabiya Capital Staff -
The collaboration aligns with Emirates NBD’s commitment to providing high-quality solutions in the developing Voluntary Carbon Market
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Network International partners with Citi for corporate payment solutions

Arabiya Capital Staff -
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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