Global sukuk issuance down 32% in Q1 2020, recovery expected in Q3
The volumes of the global issuance of sukuk, or Islamic bonds, have nose-dived 32 per cent in the first quarter…
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Global Financial Markets Policy Responses to COVID-19
In early March 2020, the OECD’s Interim Economic Outlook highlighted that the coronavirus outbreak had already caused a sharp declinein…
COVID-19: Implications for business
The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It is also having…
QIB receives three major awards from Global Finance
QIB has been named ‘Best Islamic Bank in Middle East’, ‘Best Islamic Bank in Qatar’ and ‘World’s Best Islamic SME…
Objectway offers Licence Free Period for WealthTech Suite
Objectway, a leading software provider of wealth management digital solutions with customers distributed across four continents,has announced the offer of…
QNB Alahli Egypt posts net profit in Q1
Qatari National Alahli registered an annual decline in its consolidated net profit during the first quarter ended March 31st, according…
Oman Insurance fast-tracks $27.2mln payments to medical providers
Oman Insurance Company has announced that it will fast-track claims payments amid mounting financial strain on hospitals across the region.…
COVID-19: Misr Insurance Holding donates funds
Misr Insurance Holding Company, as well as its subsidiaries Misr Life Insurance and Misr Insurance, allocated EGP 10 million for…
Foreign, Gulf funds’ outlook extends bearish run on QSE
Foreign and Gulf funds’ bearish outlook yesterday extended the bearish run on the Qatar Stock Exchange for the third straight…
EFG Hermes partners with PayTabs over cashless payment in Egypt
Egyptian Financial Group Hermes Holding Company EFG Hermes has teamed up with PayTabs to launch PayTabs Egypt, according to an…
Saudi regulator revises initiatives to help banks fight COVID-19 challenges
The Saudi Arabian Monetary Agency has either postponed or temporarily eased many initiatives in its efforts to enable financial institutions…
MENA Q1 startup investments at $277mln; March sees huge drop over coronavirus
A strong start in 2020 led to startup investments worth $277 million in the Middle East and North Africa during…