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ADCB and United Arab Bank see jump in 3Q net income
The AI-led transformation targets over AED 4 bn in value
How banks are preparing themselves for the era of open finance, from API marketplaces to more fintech cooperation
Mashreq launched its API marketplace earlier this year, rolling out 25 APIs for corporate and financial institution clients
Rakbank posts record 3Q earnings
Net income for 9M rose 23% y-o-y to AED 2.1 bn
Piper Sandler acquires Mena Growth Partners to expand in the GCC
The Mena Growth Partners team will act as consultants to Piper Sandler
THIS MORNING: FAB, ADCB eye Significant Risk Transfers ahead of new capital buffer requirements + G42 denies claims of ties to Huawei, Chinese missiles
Plus: Dubai is getting a new art museum
DP World pours USD 226.9 mn into London Gateway hub + Property Finder takes stake in… Stake
Plus: China’s smart truck firm joins NextGen FDI
Emirates NBD, du, Bank of Sharjah and more are out with 3Q earnings
Emirates NBD beat analyst expectations’ of AED 5.5 bn in net income for 3Q
Mashreq facilitates USD 1 bn syndicated loan to Energy Development Oman
The financing attracted 15 regional and international lenders
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