Murex, DDCAP platform integration for Islamic finance
Murex is partnering with DDCAP to streamline booking and processing of Sharia compliant transactions by financial institutions worldwide. Murex’s MX.3…
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Dubai’s DIFC Investments full-year profit declines 74%
DIFC Investments, controlled by Dubai’s tax-free business hub, posted a 74 per cent drop in profit. Full-year profit net…
Israel's Bank Hapoalim moves to fourth quarter profit, sees economic uncertainty
Bank Hapoalim, Israel’s largest lender, swung to a profit in the fourth quarter and said on Thursday loan deferments made…
Saudi Arabia, Germany in landmark alliance on green hydrogen
Saudi Arabia and Germany have launched a landmark energy partnership to help implement the goals of the Paris Agreement on…
Renaissance Services secures funding for expansion of workers’ village
Oman-based Renaissance Services has announced that it has secured funding worth $82 million for the expansion of its workers’ village…
NBK- Egypt launches smart membership card for Heliopolis sporting club
As part of the strategic partnership and close cooperation between National Bank of Kuwait - Egypt and Heliopolis Sporting Club,…
Kuwait and Saudi Arabia take 2020-2021 world branding awards by storm
The prestigious World Branding Awards, the ultimate global brand recognition accolade – now in its 12th edition, saw over 400…
Aurelien Vincent and Chadi Moujaes partners at Strategy&
Strategy& has appointed two new partners in the Middle East, consolidating its position as the region’s largest strategic consulting partnership. …
Endeavor selects EY to support scale-up programme in Jordan
Having beaten out 13 professional services firms in a competitive bidding process, EY is set to deliver consulting, training and…
Moody’s upgrades Beema rating to 'A3' with sable outlook
International credit rating agency Moody’s Thursday upgraded Damaan Islamic Insurance Company's (Beema) insurance financial strength rating (IFSR) to 'A3' from…
KFH – Bahrain launches mortgage-backed securities
Kuwait Finance House has announced the launch of the first-of-its-kind Shari’a compliant mortgage-backed securities. The launch involves the issuance…
NBB provides free fire insurance to homebuyers
The National Bank of Bahrain has announced a new added feature to homebuyers whereby the Bank will be providing its…