Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…
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Burgan Bank places $500mln Tier 2 bonds in debt market
Burgan Bank, Kuwait’s second largest conventional bank by asset size, has placed $500 million Subordinated Tier 2 Capital Securities (bonds)…
New Head of Marketing & Communications for Al Salam Bank
Bahrain-based Al Salam Bank recently announced the appointment of Mahmood Qannati, as Head of the Bank’s Marketing & Communications department.…
Bahrain puts off new taxes, weighs longer relief
Bahrain could extend the duration of support measures to help businesses cope with the impact of the coronavirus after deploying…
Why Bahrain's Investcorp is thinking small to grow big in India
Investcorp, the Bahrain-based global alternative investment fund, is looking to target smaller investments in India in the $15-$40 million range…
Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…
The Board of Directors of Al Baraka Banking Group appoints "Mazin Manna" as the Group's President & Chief Executive
Al Baraka Banking Group B.S.C has announced the approval of its Board of Directors to appoint Mr. Mazin Manna as…
QNB begins QLM e-IPO subscription services
QNB Group, the largest financial institution in the Middle East and Africa, has begun the registration and subscription process for…
Moody’s affirms QIIB rating at A2 with stable outlook
Global credit rating agency Moody’s has affirmed QIIB’s rating at “A2” with a “stable” outlook; indicating the strength of its…
Five nations unite to launch the Digital Cooperation Organization
Senior government officials from several nations patronized the launch of the Digital Cooperation Organization Thursday – a global organization aimed…
The Chartered Insurance Institute welcomes UAE insurance authority's draft regulation for insurance brokers
The Chartered Insurance Institute has welcomed the UAE Insurance Authority’s publishing of a draft regulation consolidating rules on insurance broking…
Trump set to veto congressional effort to block UAE arms sales
United States President Donald Trump issued a formal threat on Wednesday to veto congressional efforts to block his plans for…