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Breaking News

Mastercard, Trip.com and Network International Showcase AI-Powered Agentic Travel Bookings
Dubai Ranked World’s No. 1 FinTech Hub in Latest Global Financial Centres Index (GFCI) Report
Standard Chartered and LMAX Group Expand Partnership to Include Digital Asset Custody in Luxembourg and DIFC
Fasset Will Become The First Platform Worldwide To List DDSC, the UAE’s Dirham-Backed Stablecoin
Crypto.com Exchange and ZagTrader Expand Institutional Access to Digital Assets

Growth

Banque Misr Achieves Remarkable Growth in 2023 with EGP 52.9 Billion Net Profit

Banque Misr Achieves Remarkable Growth in 2023 with EGP 52.9 Billion Net Profit

By Fintech News UAE Staff September 20, 2024 0

The General Assembly of Banque Misr approved the financial statements for the fiscal year ending on December 31, 2023, highlighting remarkable growth in all business sectors. The bank’s total financial position reached EGP 2.6 trillion, showing a 14.9% growth from the previous year. A significant jump of 32.9% was observed in the net direct loans […]

RAKBANK posts AED 1.2B Net Profit

RAKBANK posts AED 1.2B Net Profit (before tax) up 33% YoY in H1-2024

By Fintech News UAE Staff July 31, 2024 0

RAKBANK has reported impressive financial results for the first half of 2024, showcasing significant growth in key metrics. The bank’s net profit before tax surged by 33% to AED 1.2 billion, while net profit after tax increased by 21% year-on-year, reaching AED 1.1 billion. Total income for the period rose by 8.7% to AED 2.3 […]

Recent Posts

  • Mastercard, Trip.com and Network International Showcase AI-Powered Agentic Travel Bookings September 16, 2026
  • Dubai Ranked World’s No. 1 FinTech Hub in Latest Global Financial Centres Index (GFCI) Report September 16, 2026
  • Standard Chartered and LMAX Group Expand Partnership to Include Digital Asset Custody in Luxembourg and DIFC September 16, 2026
  • Fasset Will Become The First Platform Worldwide To List DDSC, the UAE’s Dirham-Backed Stablecoin September 16, 2026
  • Crypto.com Exchange and ZagTrader Expand Institutional Access to Digital Assets September 16, 2026

Recent Comments

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  • CBUAE, Mastercard conclude Programme to Strengthen National Capabilities in Fraud Risk Management - Fintech News UAE on Visa Establishes New Regional Structure Covering Saudi Arabia, Bahrain, and Oman; Appoints Ali Bailoun as Group Country Manager
  • Saudi Fintech barq Raises $330M Series A at $1.85B Valuation to Expand Digital Financial Platform - Fintech News UAE on Ripple Expands Middle East Presence with New Regional HQ in Dubai’s DIFC

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