Tag: Banking
Emirates NBD, BeZero Carbon partner for carbon market confidence
The collaboration aligns with Emirates NBD’s commitment to providing high-quality solutions in the developing Voluntary Carbon Market
Bahrain’s BBK, DP World Trade Finance partner to boost region trade
The deal is expected to drive growth, improve operational efficiency, and provide comprehensive support to businesses navigating the complexities of regional and global trade
Bahrain’s GFH Financial Group posts $60.75 million in H1 2024
Earnings per share for the January-June period rose to $1.70, up from $1.55 in H1 2023, marking a 9.7% increase
Saudi Arabia’s PIF signs deals worth $50bn with Chinese banks
The wealth fund said the MoUs covered areas of cooperation such as encouraging two-way capital flows via both debt and equity
Jersey Finance partners with the Saudi British Joint Business Council
Jersey has been a leading international finance centre for more than 60 years, offering a forward-thinking and ESG-driven approach across the banking sector
Islamic banks assets increased by AED 86 billion over past 12 months
The Islamic banks’ deposits increased to AED 509.4 billion at the end of February, reflecting an annual increase of 15.8%
Bank of Sharjah reports net profit of AED80 million in Q1 2024
The bank’s robust metrics result from strict adherence to a focused approach to funding, lending, and operational effectiveness
UAE’s FAB posts 6% rise in Q1 profit to AED 4.2 billion
The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio
Mashreq Egypt, Visa introduce innovative Mashreq NEO Visa card
The Mashreq NEO Visa Card is a fusion of cutting-edge technology, seamless banking services and benefits to meet customers’ evolving needs
Emirates NBD’s Q1 2024 profit surges 67% to AED 6.7 billion
The group’s asset base surpassed AED 900 billion as retail lending had its strongest-ever quarter and corporate lending closed landmark deals