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Banking & Finance

aiBANK, Visa partner to enhance digital payments

Arabiya Capital Staff -
The duo aim to encourage customers to embrace electronic payment solutions across all segments by offering cutting-edge solutions
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Network International invests EGP 1 billion in Egypt

Arabiya Capital Staff -
The payments firm plans to use part of the investment to acquire, deploy and maintain around 100,000 POS machines
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NBK-Egypt posts EGP 1.57 billion in H1 2023 net profit

Arabiya Capital Staff -
NBK-Egypt said its net operating income in the six months to June 30, jumped by 95% to EGP 3.9 billion.
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EFG Holding’s valU rebrands into a financial tech firm

Arabiya Capital Staff -
The new visual identity reflects the financial technology firm’s dedication to innovation and efficiency
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Middle East investors to inject $120 billion in Egypt

Arabiya Capital Staff -
The UAE invested in 71 projects worth a record $5.6 billion in 2021 alone, with the most significant being The Agtech Park.
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Al Baraka Bank posts EGP 1.02 billion in profit H1 2023

Arabiya Capital Staff -
The bank achieved a net profit margin of 5.2% compared to 4.3% in the first half of 2022
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EFG Holding Q2 2023 revenue soars to EGP 3.1 billion

Arabiya Capital Staff -
The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses
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Egypt central bank signs MoU with London Institute of Banking & Finance

Arabiya Capital Staff -
The initiative aims to nurture the next generation of finance professionals by equipping them with the necessary skills and knowledge
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EFG Holding’s aiBANK unveils aiPremier Elite for HNWI clients

Arabiya Capital Staff -
Banking services under the segment will provide a seamless and personalised banking experience, ensuring that affluent clients receive priority attention
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Mastercard, One Global partner to launch Click to Pay in Kuwait

Arabiya Capital Staff -
Click to Pay sets a new standard for guest checkout transactions, delivering a more consistent experience for consumers
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