Tuesday, December 3, 2024
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EFG Hermes unveils enhanced custody and asset servicing platform

The new platform offers coverage in more than 40 markets across MENA, sub-Saharan Africa, Southeast Asia, Europe, and North America

Crédit Agricole CIB, Kepler Cheuvreux expand equity capital markets partnership

The deal has established a local presence for Kepler Cheuvreux in the UAE, which will initially cover equity research and distribution across the Gulf region

ADIB achieves AA ESG rating upgrade from MSCI

The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024

Beko secures EUR 350 million loan from Emirates NBD Capital

The three-year loan, which was oversubscribed by 200%, will be used to support Beko’s general corporate purposes and business development activities

Emirates NBD unveils millionaire account with AED 57 million prize pool

The account features a total prize pool of AED 57 million, distributed across various categories for Emiratis, residents, and businesses

Kuwait Finance House sells entire stake in Sharjah Islamic Bank

The Kuwaiti lender sold the shares to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank

FABMISR posts 139% surge in first-half net profit

Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023

ADIB accelerates cloud adoption to enhance customer experience

Cloudera Public Cloud on Azure has empowered ADIB to enhance data operations, delivering greater cost efficiency, flexibility, and scalability

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

Network International partners with Citi for corporate payment solutions

Citi will be able to offer its corporate clients superior payment management solutions, including enhanced transaction efficiency and seamless payment integration capabilities

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