05/19/2020
The ITFC has been mainly focusing on OIC member countries in Asia and Sub-Saharan Africa last year with the aim of making global value chains more purposeful in the role they play in reducing rural poverty and ensuring food security.
05/19/2020
All bank fees and corresponding network charges will be waived
05/15/2020
Record year for the ASB Global REIT Fund
05/14/2020
Provisions for bad loans climbed 78% to 693m riyals during the reporting period
05/13/2020
Islamic financial institutions maintained good growth and higher profit in 2019, fortifying them for the difficult year ahead.
05/12/2020
As a background, the UN has formulated the SDGs as a playbook to address and eventually overcome a wide range of global economic, social, governance and environmental challenges by 2030.
05/11/2020
Credit provisions and impairments for the three months ending Mar 31 increased to 387.1 million dirhams versus 186.4 million dirhams for the same quarter in 2019.
05/08/2020
Management discussions and analysis of first quarter results ended March 31, 2020
05/08/2020
It is aimed at enabling Islamic economic activity and meet demand for greater standardisation within the sector.
05/08/2020
The Sharia-compliant lender plans to increase its international footprint by moving into India, China and Indonesia, its chief executive says
05/07/2020
Initiative is in partnership between the Ministry of Finance, IDB and DIEDC
05/05/2020
The revolving facility will be renewable every year
05/01/2020
The Fund is committed to a special financing strategy aimed at achieving attractive returns on a risk-adjusted basis of 6.50 per cent per annum by investing in leasing and other asset-based financing transactions across a wide range of sectors, credit por
04/30/2020
DIB continues to deliver profitable results amidst an extraordinary global economic environment.
04/30/2020
Other banks in the region, including Dubai’s largest bank Emirates NBD, have also increased their provisions in anticipation of the coronavirus outbreak’s impact on the credit market.
04/30/2020
Follows successful launch of Fund I by ADIB to UAE-based clients in 2019
04/29/2020
QIB Group CEO Bassel Gamal said, “Winning these awards by Global Banking & Finance Review, substantiates the investments we’ve made towards our digital offering and recognises the successful results of our digital transformation strategy.
04/27/2020
All of UAE rallies behind initiative to mitigate coronavirus repercussions in the UAE
04/24/2020
There is no doubt that the results announced today reflect the success that we achieved.
04/23/2020
The new service enables customers to get easy access to urgent cash instantly,