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Bahrain’s Investcorp launches new climate solutions investment platform

Arabiya Capital Staff -
The platform seeks to accelerate the global transition to a zero-carbon economy with a focus on the deployment of commercially proven climate solutions.
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UAE’s Al Maryah Community Bank, Facephi partner to advance digital banking

Arabiya Capital Staff -
The advanced identity verification techniques using machine learning algorithms and digital behaviors will be instrumental to detect and prevent fraudulent activities.
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Mashreq partners with Visa and ecolytiq

Arabiya Capital Staff -
The climate banking platform overlays carbon emissions calculations seamlessly onto transaction data, giving customers more transparency on their spending
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Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt

Arabiya Capital Staff -
The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.
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Central Bank of Bahrain issues new ESG reporting framework

Arabiya Capital Staff -
The framework provides listed companies with guidelines on the reporting requirements for ESG factors.
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NBK-Egypt posts EGP 2.6 billion in Q3 2023 net profit

Arabiya Capital Staff -
The bank’s net interest income in the three months to September 30 jumped by 89% to reach EGP 4.9 billion.
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UAE’s ADCB launches sustainable call account for corporate customers

Arabiya Capital Staff -
ADCB is expanding its offering to support customers pursue their sustainability agenda as the UAE prepares to host the COP28
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UAE’s Dubai Islamic Bank, Mastercard partner to introduce cross-border payments

Arabiya Capital Staff -
Recognising the need for speed in today's fast-paced world, Mastercard Cross-Border Services have been optimised for quick and efficient fund transfers.
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Saudi Awwal Bank, Mastercard partner to offer secure digital transactions

Arabiya Capital Staff -
The bank will leverage Mastercard’s advanced AI-based cybersecurity technology to prevent payment fraud
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Bahrain’s GFH Financial Group posts $78.9 million in nine-month profit

Arabiya Capital Staff -
The group’s total assets increased by nearly 8% to reach $10.54 billion in the nine months to September 30 from $9.76 billion in December 2022.
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