Latest news with #CorporateGrowth
bnok24
22-06-2025
- Business
- bnok24
Emirates NBD Egypt Wins the Prestigious 'Best Bank for Cash Management - North Africa 2025' Award from The Digital Banker
Emirates NBD Egypt has proudly awarded the title of 'Best Bank for Cash Management – North Africa 2025' by The Digital Banker a global recognized publication that honors excellence in financial services and digital banking innovation. This prestigious recognition reinforces the bank's ongoing commitment to delivering advanced, customer-centric cash management solutions. It also aligns with the bank's strategy to expand its presence in the Egyptian market by offering integrated, innovation-driven banking services, backed by extensive local and regional expertise This distinguished award underscores the bank's continued efforts in offering seamless, technology-driven cash management services designed to meet corporate clients' dynamic needs, through Emirates NBD cutting edge digital platform 'businessONLINE' that is designed to help corporate customers to manage their cash and liquidity in a secured and most efficient way. In this context, Amr El Shafei, CEO and Managing Director of Emirates NBD Egypt, stated: 'We are honored to receive this esteemed award, which stands as a true testament to the effectiveness of our strategy and our pivotal role in supporting corporate growth across Egypt and the region. Our ambitious strategy and continued investment in digital transformation have enabled us to create real value for our customers and stay ahead of rapid changes in the financial sector.' He added: 'At Emirates NBD Egypt, we remain focused on driving further growth by accelerating digital transformation and offering smart cash management solutions tailored for corporates, reaffirming our leadership in the Egyptian banking sector and our position as a trusted financial partner'. Tamer Ragheb, Head of Corporate and Institutional Banking at Emirates NBD Egypt, commented: 'This recognition is a testament to the dedication of our teams and our deep understanding of evolving business needs. At Emirates NBD Egypt, we take pride in delivering smart, integrated financial solutions that drive our corporate customers' business growth and financial stability. By working closely with our customers, we provide strategic, tailor-made financing models that empower their ambitions and help them achieve long-term, sustainable development impact.' In addition to this accolade, Emirates NBD Egypt received an additional award recognizing its excellence in digital transformation, the 'Outstanding Digital CX – Mobile Banking – Egypt' award, from The Digital Banker. This honor highlights the bank's ongoing efforts to deliver a smooth and secured mobile banking experience through its mobile application, driven by continued investments in technology infrastructure and enhanced digital capabilities to meet evolving customer expectations and ensure seamless banking services. These achievements are underpinned by the bank's strong financial performance in 2024, during which the bank recorded an exceptional 64% growth in net profit, reaching EGP 5.3 billion. Additionally, net trading income recorded a remarkable growth of 192% compared to the previous year, demonstrating the bank's resilience and operational efficiency in delivering robust financial performance. Building on this success, the bank maintained its positive momentum in the first quarter of 2025, achieving EGP 1.4 billion in net profit, compared to EGP 1.1 billion in the same period of 2024, marking a 31% increase. Net interest income also rose by 16% to reach EGP 3 billion, compared to EGP 2.6 billion in Q1 2024, a testament to the bank's consistent and sustainable performance in Egypt's banking landscape. Since entering the Egyptian market in 2013, Emirates NBD Egypt has firmly established itself as a trusted financial partner, leveraging its deep regional expertise and a forward-thinking strategy to drive economic growth. The bank offers an integrated suite of financial services tailored to meet the evolving needs of businesses in line with emerging industry trends. As of March 2025, the bank operates a robust network of 62 branches and approximately 338 ATMs across the country, ensuring accessibility to customers nationwide. As the financial sector continues to evolve, Emirates NBD Egypt remains steadfast in its mission to deliver innovative solutions that create tangible and positive impact for its customers, reaffirming its pivotal role as a leading banking institution actively contributing to Egypt's Vision 2030 and sustainable economic growth. Google News تابعونا على تابعونا على تطبيق نبض
Yahoo
09-06-2025
- Business
- Yahoo
Agile Defense Celebrated as Corporate Growth Leader at ACG National Capital's 2025 Awards
MCLEAN, Va., June 9, 2025 /PRNewswire/ -- Agile Defense, a leading provider of digital transformation, cybersecurity, data analytics and AI solutions, has been honored as the Corporate Growth Company of the Year (Over $250M) at the 23rd Annual Corporate Growth Awards, hosted by ACG National Capital. The prestigious award recognizes Agile Defense's exceptional growth trajectory, marked by its strategic acquisition of IntelliBridge, which propelled the company's annual revenue to $500 million and expanded its workforce to over 2,000 professionals worldwide. In 2024, Agile Defense achieved additional growth milestones, including the successful transition of a landmark $1.1 billion, 10-year sole-source IDIQ contract supporting the DISA Joint Interoperability Testing Command (JITC), and the launch of Agile Lion, a high-impact joint venture with Nemean Solutions LLC designed to accelerate innovation and enhance mission outcomes. "We are honored to be recognized by ACG National Capital for our sustained growth and innovation," said Rick Wagner, CEO of Agile Defense. "This award reflects the dedication of our talented team and our commitment to delivering solutions that advance mission outcomes across the Government." Agile Defense's rapid growth has been fueled by strategic investments in cutting-edge technologies through its innovation hub, Agile Labs, and a deliberate M&A strategy that unifies best-in-class capabilities and top-tier talent to deliver outcome-driven solutions at the speed of mission. "We're aligning every investment, every acquisition, and every innovation to better serve our customer missions," said John Hart, Chief Growth Officer at Agile Defense. "Agile Labs gives us a launchpad for emerging technologies, while our M&A strategy ensures we're integrating the right talent and capabilities to stay ahead of evolving national security needs and drive long-term sustainable growth for Agile Defense." The Corporate Growth Awards celebrate the achievements of the Washington, D.C. region's fastest-growing and most innovative companies. Agile Defense's recognition highlights its strategic vision, operational excellence, and impact on the national security landscape. About Agile Defense Agile Defense stands at the forefront of innovation, driving advanced capabilities and solutions tailored to the most critical national security and civilian missions. With more than 2,000 teammates operating in North America, Europe, Asia, and the Middle East, Agile Defense supports our customer missions around the globe. Our collaborative and multi-disciplinary teams bring creativity and flexibility to developing advanced digital transformation, data analytics, and cyber solutions. We are not afraid to take on the most difficult challenges because we know that together, we can accomplish anything. Learn more at View original content to download multimedia: SOURCE Agile Defense Sign in to access your portfolio
