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Banking & Finance

Egypt raises RMB3.5 billion with debut sustainable panda bonds

Arabiya Capital Staff -
Egypt will use the proceeds for inclusive growth and green objectives under its sovereign sustainable financing framework.
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Banque Misr secures $234 million from IFC to support SMEs

Arabiya Capital Staff -
The loan to Banque Misr will catalyse job creation in Egypt through its focus on providing financing to micro and small businesses
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Mastercard, tmam partner to help GCC SMEs digitise corporate expenses

Arabiya Capital Staff -
The collaboration will help small businesses digitise their corporate expenses while saving money on company spending.
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Emirates NBD, DIFC launch ‘National Digital Talent Incubator’ programme

Arabiya Capital Staff -
The incubator programme will run two cohorts per annum, each consisting of three to six FinTech startups with UAE national founders and members
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Al Etihad Payments, NPCI International Payments to develop UAE domestic card scheme

Arabiya Capital Staff -
The UAE central bank’s launch of Al Etihad Payments is aimed at implementing an innovative, interoperable, and enabling payments infrastructure
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Egyptian banks suspend debit card use in foreign currency

Arabiya Capital Staff -
Commercial International Bank told accountholders that debit cards could only be used for Egyptian pound transactions within the country.
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BankDhofar, National Gas Company partner to advance digital payments

Arabiya Capital Staff -
The initiative seeks to bring the benefits of financial services to a wider segment of the population, including those without traditional bank accounts
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National Bank of Oman, Federal Bank of India partner to simplify money transfer

Arabiya Capital Staff -
The innovative service offers a fast, simple and secure way to transfer money, catering to the modern customer's need for convenience and efficiency
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Commercial Bank of Dubai commits to carbon neutral operations by 2030

Arabiya Capital Staff -
The commitment includes reducing greenhouse gas (GHG) emissions from the bank’s operations by 50% by 2030.
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Visa opens office in Egypt, plans to expand across NALP region

Arabiya Capital Staff -
With the new office, Visa aims to strengthen its ongoing talent acquisition strategy by attracting and retaining key talent.
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Arabiya Capital provides dedicated news, features, data and updates on the unprecedented and accelerating changes taking place in Egypt’s banking and finance markets. Our news, articles, events and data are accessible across our many platforms -digital, online, print, roundtable debates, webinars, events (actual & virtual), awards, memberships and polling.

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