FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q3, 2022. The Company reported revenue of PKR 52.8 billion for the nine months ended, showcasing 37% increase versus same period last year, led by volume growth, mix improvement and distribution expansion. Operating profit reflected a growth of PKR 500 million vs last year. However, […]

Pakistan’s leading large-scale engineering company, Descon Engineering Ltd. (DEL), has worked towards becoming a benchmark for the industry by achieving excellence in Health, Safety, and Environment (HSE). Recently, the company has been recognized for its safety standards by various clients.  DEL received accolades from organizations across the Middle East and Pakistan. Some of them being: […]

OCBC Bank announced the appointment of Mr Sunny Quek as the Head of Global Consumer Financial Services with immediate effect. Reporting to the Group Chief Executive Officer, Mr Quek will lead the consumer banking and wealth management businesses in Singapore, Malaysia, Indonesia, and Greater China. The consumer banking wealth management business is managed under the […]

UOB has launched U-Solar 2.0, an expansion to the U-Solar programme, empowering the industry to scale up the development of the solar industry starting in Singapore. It will be followed by Malaysia, Thailand and Indonesia by the first quarter of 2023. This expanded programme will simplify access to sustainable financing for solar project developers, engineering, […]

According to official data, Orange Money mobile wallet is now the number 1 in terms of the number of open wallets by exceeding 700,000 opened wallets. Orange Money is also the first in the number of financial transactions performed, and therefore the largest of payment service providers (PSP) in the Kingdom. These figures were accomplished […]

NBK Group is currently hosting the NBK RISE Exhibition at the NBK Tower to promote women leadership and inspire more women to take up the pursuit to higher leadership positions. The Exhibition is a part of NBK RISE, a first-of-its-kind Global Women Leadership initiative designed by women for women. A holistic experience to elevate talented […]

The Bahrain Institute of Banking and Finance (BIBF), the region’s premier training and development provider, has recently participated in a panel discussion titled “FinTech in Bahrain”, which was held as part of GITEX Dubai 2022, the largest technology exhibition in the world. The BIBF was represented by its Chief Operating Officer, Mr. Ahmed Naeemi, who […]

UAE Banks Federation, the unified representative and voice of UAE banks, organised a webinar on digital banking and financial technology on the 19th of October 2022 in collaboration with RFI Global, which specializes in financial intelligence research and solutions. The webinar themed ‘Accelerating Digital Banking and Fintech in UAE 2022’, comes as part of the […]

In line with its digital transformation strategy, and its drive to keep pace with the latest digital technologies that are focused on enriching the banking experience of its customers, ahlibank has launched its first multi-functional device for express banking services, at its newly opened branch in Madinat al Sultan Qaboos, to expedite banking processes and […]

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced a year-long partnership with the Global Ethical Finance Initiative (GEFI), ahead of the United Nations Framework Convention on Climate Change’s 28th Conference of the Parties (COP28) taking place in Expo City Dubai. COP28 will […]