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National Bank of Fujairah issues USD 275 mn AT1 bonds
The National Bank of Fujairah (NBF) raised USD 275 mn in a mandatory convertible bond (MCBs) issuance, according to a…
NBF launches SME banking services unit
A1rwater launched a new factory in Dubai Industrial City
Mashreq launches IBAN verification for businesses
Plus: More news from du, e&, ADTIC, Sav, Hitek, and Fujairah Natural Resources Corporation
The UAE’s top 10 lenders’ net income rose to AED 21.5 bn in 2Q 2024
Total non-interest income fell 2.9% q-o-q
Kuwait’s Menzies Aviation eyes “aggressive” expansion in UAE + Saudi Arabia
ALSO- Abu Dhabi to implement a centralized system to track stack emissions
Fujairah to establish USD 3 bn logistics zone in Egypt
Fujairah will supply Egypt with petroleum products
More banks post solid 2Q 2024 earnings
Mashreq, FAB, UAB, NMDC, and others report earnings
CBUAE signs currency swap agreement with Ethiopia
PLUS: Emirates SkyCago acquires five new freighters
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