Tuesday, December 3, 2024
HomeBanking & Finance

Banking & Finance

Standard Chartered finances Abu Dhabi’s first waste-to-energy plant

The bank acted as the sole senior debt underwriter from the pre-bid stage and successfully syndicated the financing post-award, attracting both local and international banks

QNB Group’s half-year profit jumps 7% to $2.2 billion

Operating income grew by 9% to reach $5.5 billion, reflecting QNB’s ability to maintain growth across diverse revenue sources

SAMA regulations enhance Saudi Islamic banks’ Sharia governance, Fitch says

The regulations issued cover profit-sharing investment accounts and aim to enhance Sharia compliance

Commercial Bank of Kuwait completes KWD 100 million tier 2 bond program

The bank will use the proceeds to increase tier 2 capital, enhancing its capital adequacy ratio in compliance with the Basel III framework

Network, Mastercard partner to revolutionise commercial payments

The new solutions will enable Network to tap into Mastercard’s global digital payment expertise, including expense management

Egypt inks four financing agreements with the EU

The first agreement is the “cross-border cooperation program for the Mediterranean Sea basin phase III for 2021-2027

Sharjah Islamic Bank successfully issues $500 million sukuk

The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion

Emirates NBD Egypt issues its debut annual sustainability report

The report outlines the environmental, social, and corporate governance standards implemented by Emirates NBD Egypt

UAE’s Mashreq to expand its global reach with Oracle

The lender will replace its core systems with Oracle solutions to modernise, streamline, and enhance its operations

Magnati, Al Etihad partner to enable acceptance of Jaywan card

Jaywan cards will soon be issued to UAE residents by licensed banks and financial institutions

More news