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Banking & Finance

Abu Dhabi’s Wio Bank rolls out Mastercard Carbon Calculator

Arabiya Capital Staff -
The Carbon Calculator enables the bank to provide customers with carbon footprint data and insights about the impact of their purchases.
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UAE’s Mashreq commits AED 110 billion to sustainable finance by 2030

Arabiya Capital Staff -
The bank’s commitment to facilitating AED 110 billion in sustainable finance by 2030 builds on years of sustainable finance deployment
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PayTabs Egypt, mnGm partner to initiate card acceptance for online gold purchases

Arabiya Capital Staff -
The company supports multiple digital payment options, white labelling platforms and a range of e-commerce, m-commerce, and social commerce solutions.
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Bahrain’s Investcorp launches new climate solutions investment platform

Arabiya Capital Staff -
The platform seeks to accelerate the global transition to a zero-carbon economy with a focus on the deployment of commercially proven climate solutions.
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UAE’s Al Maryah Community Bank, Facephi partner to advance digital banking

Arabiya Capital Staff -
The advanced identity verification techniques using machine learning algorithms and digital behaviors will be instrumental to detect and prevent fraudulent activities.
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Mashreq partners with Visa and ecolytiq

Arabiya Capital Staff -
The climate banking platform overlays carbon emissions calculations seamlessly onto transaction data, giving customers more transparency on their spending
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Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt

Arabiya Capital Staff -
The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.
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Central Bank of Bahrain issues new ESG reporting framework

Arabiya Capital Staff -
The framework provides listed companies with guidelines on the reporting requirements for ESG factors.
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NBK-Egypt posts EGP 2.6 billion in Q3 2023 net profit

Arabiya Capital Staff -
The bank’s net interest income in the three months to September 30 jumped by 89% to reach EGP 4.9 billion.
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UAE’s ADCB launches sustainable call account for corporate customers

Arabiya Capital Staff -
ADCB is expanding its offering to support customers pursue their sustainability agenda as the UAE prepares to host the COP28
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