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Banking & Finance

Jordan Ahli Bank integrates AI to customer service with ‘ahliGPT’

Arabiya Capital Staff -
Jordan Ahli Bank has paved the way for a new era of customer service in the Middle East banking industry with the adoption of ahliGPT
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ADCB Group partners with Nomo to advance digital banking

Arabiya Capital Staff -
The unique proposition allows customers to get finance to buy properties in the UK as an investment or as a second home
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Oman’s Ahli Bank rejects merger offer from Bank Dhofar

Arabiya Capital Staff -
The bank’s board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it
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EFG Hermes concludes advisory on HSB’s $8.1 million unsecured notes

Arabiya Capital Staff -
The brokerage firm’s latest issuance is part of a series of back-to-back transactions EFG Hermes has concluded in the debt capital market space
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FABMISR posts EGP 4.5 billion full-year net profit

Arabiya Capital Staff -
The bank’s total assets grew by 55% compared to 2021 to reach EGP206.45 billion as of the end of December 2022
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Morocco secures $5 billion flexible credit line from IMF

Arabiya Capital Staff -
Morocco has benefited from four successive precautionary and liquidity line arrangements amounting to about $3 billion since 2012
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Egypt secures $345 million for train project from Jeddah-based IsDB

Arabiya Capital Staff -
The project is expected to benefit 25 million people annually and decrease carbon emissions by approximately 250,000 tons annually
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Egypt’s central bank hikes key interest rates by 200 bps

Arabiya Capital Staff -
The interest rate increase is the first this year after the central bank kept its monetary policy unchanged in February
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AJIB agrees to acquire StanChart business in Jordan

Arabiya Capital Staff -
The two banks will work closely in the coming months to provide a seamless transition for its clients and staff.
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Banque Misr, EgyptAir sign cooperation protocol in digital payments

Arabiya Capital Staff -
The partnership was hailed as an expansion of Banque Misr’s achievements in the field of digital payments and support for digitalisation
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