08/05/2019
Noor Fund for Educational Solidarity (Noor Fund) that provides, in perpetuity, an endowed professorship and four scholarships in Islamic Banking and Finance at the College of Business Administration of AU
08/05/2019
The steady issuance volume is due to sovereign sukuk issuances from Asia, GCC countries and Africa
08/05/2019
Lower interest rates and softer dollar to attract fund flows into the region
08/02/2019
The central banks in Saudi and Bahrain also followed Fed's decision, cutting their rates by the same margin.
08/02/2019
The US Fed cut its Fed fund rates by 25 basis points, calling it a mid-cycle adjustment
08/02/2019
Trump administration officials have suggested the still-secret proposal won’t guarantee full statehood for Palestinians
08/01/2019
Kuwaiti central bank kept its key policy rate unchanged
08/01/2019
The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been decreased by 25 basis points
08/01/2019
The $500m wind farm will have an installed capacity of 400MW, enough to power 70,000 homes.
08/01/2019
The banking regulators in Saudi Arabia and Bahrain also reduce benchmark interest rates
07/31/2019
This market-leading initiative will facilitate faster, more secure onboarding and exchange of supporting documentation via advanced distributed technologies, including blockchain.
07/31/2019
The regulator’s monthly statistical bulletin for last month indicates an overall improvement in monetary and banking indicators
07/30/2019
At the time AIML entered into provisional liquidation, because of the activities referred to above, two funds managed by AIML had a combined shortfall of at least USD 180 million.
07/30/2019
The DFSA started an investigation in January 2018, which was across multiple jurisdictions
07/30/2019
The parties agreed to mutually support fintech start-ups based in their respective markets
07/30/2019
As per the agreement, the bank will provide financing facilities to prospective customers who plan to purchase properties in Burj Kadi, by providing them with property financing at competitive rates.
07/30/2019
Doha Bank, which is based in the United Arab Emirates, has announced it will work alongside Habib Bank, which is based in Pakistan.
07/30/2019
Customers can buy saving certificates with credit cards at no extra charge
07/29/2019
The meetings were set up to discuss DIFC’s strategic plans and the Centre’s roadmap for growth, while exploring mutually beneficial partnerships with Indian firms and financial institutions.
07/29/2019
Most of Turkiye Cumhuriyet Merkez Bankasi’s functions, including its key decisions and operations, are expected to be relocated to Istanbul within two years and initial work on the move will start soon.