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FinTech

BKN301 Group responds to growing demand for secure payment solutions with new strategic vision

August 21, 2024

Boom in eCommerce and digital payments spur demand for secure and efficient payment solutions The MENA Fintech Market is expected…

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Retail Banking

FABMISR receives 3 ISO certifications

August 21, 2024

First Abu Dhabi Bank Misr  has  announced that it has obtained three International Organization for Standardization (ISO) certifications in the…

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Comment & Analysis

Top ten UAE banks exhibited improved asset quality, higher profits in Q2 2024

August 21, 2024

The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the…

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Retail Banking

Top GCC banks income to stay ‘elevated’ after Q2 outperformance

August 21, 2024

Lending income of leading Gulf banks will stay ‘elevated’ after outperformance in the second quarter as higher-for-longer interest rates continue…

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Regulation, Risk & Compliance

Citi inks referral agreement with Dubai's Network International

August 21, 2024

Network International operates in over 50 countries across the Middle East and Africa, last year processing more than $59 billion…

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Executive Moves

MetLife Investment Management Names Jude Driscoll President

August 21, 2024

MetLife Investment Management has announced that it has named Jude Driscoll its president, effective Sept. 1.   Previously serving as…

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Executive Moves

Edmond de Rothschild Middle East CEO exits

August 21, 2024

Edmond de Rothschild (EdR)’s Middle East and North Africa (Mena) CEO has left the bank, Citywire Middle East can reveal.…

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FinTech

Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures

August 20, 2024

Riyadh-based FinTech platform Tweeq raises a seven-figure investment round, co-led by STV and Raed Ventures Tweeq will allow its users…

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Hedge Funds & Alternative Investments

Central Bank of Oman issues treasury bills worth $70mln

August 20, 2024

The Central Bank of Oman raised OMR27 million by a way of allotting treasury bills on Monday.   The value…

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Regulation, Risk & Compliance

Egypt extends term of central bank governor for a third year

August 20, 2024

Egyptian President Abdel Fattah El-Sisi has extended the term of acting central bank governor Hasan Abdalla for a third year,…

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Financial Results

Saudi central bank reports strong growth in reserve assets, reaching $467.4 billion in Q2 2024

August 20, 2024

The Saudi Central Bank (SAMA) saw a significant boost in its reserve assets during the first half of 2024. By…

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Environment and Sustainable Investments

Emirates NBD announces partnership with BeZero Carbon to boost customer confidence in carbon markets

August 20, 2024

Emirates NBD first bank in the UAE to use an independent ratings agency for voluntary carbon market trading Bank remains…

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