New partnership to unlock €220 million for Egypt’s climate fight
The European Bank for Reconstruction and Development has partnered with the European Union and the Green Finance Fund (GCF) to…
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Kuwaiti Islamic Banks' Asset Quality and Profitability Under Pressure
Profitability at Kuwaiti Islamic banks will continue to be affected by lower profit rates, lower business volumes and higher financing…
OIA announces changes in boards of state-owned companies
In continuation of the comprehensive review of its state-owned companies with the aim of raising their efficiency, developing their performance…
State investors help plug Saudi Arabia's yawning deficit
Saudi Arabia is increasingly relying on state-owned investors to finance itself amid the coronavirus pandemic, a strategy that raises questions…
Central Bank of UAE sets December 2 deadline for registration of all Hawala providers
The Central Bank of the UAE has urged non-registered Hawala providers operating in the UAE to register to obtain the…
Safest Islamic Banks In The GCC
Sharia principles have stood the test of time, and while Standard & Poor’s considers Islamic institutions somewhat more vulnerable than…
QSE receives Digital Access Certification for its website
The Qatar Stock Exchange has received Digital Access Certification for its website from the Assistive Technology Centre (Mada). It…
GFH reports net profit of US$23.17 million attributed to shareholders for the first nine months of 2020
GFH Financial Group B.S.C has announced its financial results for the first nine months of the year ended 30 September…
Bank ABC announces its Q3 and nine months 2020 Results
Bank ABC continues to weather the unprecedented market conditions with strong balance sheet, robust underlying business revenues and pre-provision profits…
Turkish bank İşbank carries second pilot on cross border trade using blockchain
İşbank and Commerzbank together with their corporate clients have jointly run their second international trade finance pilot transaction based on…
International Investor Magazine announces its final round of business award winners for 2020
International Investor has announced its recognition of excellence in all industries and at all levels, globally. At a time when…
Louis Dreyfus to gain first outside investor via deal with Abu Dhabi's ADQ
Louis Dreyfus Company has agreed to sell a 45% stake to Abu Dhabi’s ADQ, the companies said on Wednesday, the…