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Banking & Finance

Commercial International Bank, IBM to integrate banking services

The integration is part of the bank’s digital transformation journey and mission to modernize its IT infrastructure

ALEXBANK, Visa to launch new payment products in Egypt

The new products will provide their users with unique privileges including concierge service, buyer protection and global customer assistance services.

Emirates NBD-Egypt expands footprint with Shebin El Kom branch

From retail banking services to large corporate services, the new branch is equipped with a full suite of banking services

FABMISR inaugurates new Islamic branch in New Cairo

The new branch is designed to meet customers’ various needs, providing them with a comprehensive banking experience

UAE’s FAB joins Mastercard’s Priceless Planet Coalition

The coalition contributes to the UAE’s mangrove planting and restoration efforts that boost the country’s climate change mitigation and adaptation capabilities

UAE’s Network International, Huawei partner to facilitate digital payments

The payments firm will support customers in the market by providing omnichannel digital payment offerings, including card issuing and acquirer processing services

UAE’s ADCB launches Mastercard Carbon Calculator

The bank is partnering with customers on their transition to a net zero economy by expanding its suite of green products and services

Al Baraka Bank Egypt, IFC partner to support SMEs

The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.

UAE’s FAB to provide $135 billion in green finance by 2030

The banking group has facilitated over $27 billion in financing renewable energy, wastewater and green buildings since 2021.

UAE banks pledge AED 1 trillion in green finance at COP28

The country’s banking federation is working closely with its partners on sustainability efforts to accelerate and advance sustainable development goals.

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