Sunday, August 2, 2026
HomeBanking & Finance

Banking & Finance

Mashreq allocates AED 1 billion in financing to industrial companies

The funding stimulates industrial companies by enabling them with additional financing solutions under the ‘Make it in the Emirates’ initiative

Ahli United Bank – Egypt partners with USAID’s Business Egypt Program

The landmark initiative stands as a testament to Ahli United’s commitment to sustainable finance and sustainability

Ajman Bank posts AED 233 million in H1 2024 net profit

The strong results were supported by a healthy balance sheet with total assets of AED 24.2 billion, customer deposits of AED 20.2 billion, and equity of AED 2.9 billion

Central Bank of Egypt keeps key policy rates unchanged

The central bank said that the decision reflects the recent developments and outlook at the global and domestic levels

CIB launches Egypt’s first private Mastercard Metal World Elite credit card

The exclusive card, available by invitation only, is designed for the bank’s high-net-worth clients within the private segment

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

More news