Qatar Islamic Bank mandates for USD 5-year sukuk
Qatar Islamic Bank , rated A1 by Moody’s / A by Fitch, has mandated banks to arrange a USD-denominated Reg…
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Akin Grows Investment Management Practice in Abu Dhabi with Addition of Skye Smith
Akin has announced that Skye Smith has joined the firm as a partner in its investment management practice. Smith will…
Bahrain Bourse announces election of Yousif Abdullah Al Yousif as Chairman of the Board during first meeting held following the board reformation
Bahrain Bourse, a licensed exchange by the Central Bank of Bahrain, held its first Board Meeting on Sunday, 1st June…
Central Bank of Bahrain signs MoU with National Bank of the Kyrgyz Republic
The Central Bank of Bahrain announced the signing of a Memorandum of Understanding (MoU) with the National Bank of the…
HK SFC & Saudi Capital Market Authority boost cooperation
Hong Kong’s Securities and Futures Commission’s Chief Executive Officer Julia Leung has met with Board Commissioner Abdulaziz Bin Hassan of…
Sohar International honored with three awards at NABS 2025
Reaffirming its stature as a multifaceted banking leader—defined by strong growth, purposeful innovation, and societal impact, Sohar International was honored…
Oman’s banking sector credit rises 9pc to $87.3b
Total outstanding credit extended by Oman’s banking sector, comprising both conventional and Islamic institutions, rose by 9 per cent year-on-year…
Islamic banking in Egypt surges to EGP 1.08trn in March 2025
The volume of Islamic banking in Egypt reached EGP 1.079trn in March 2025, marking a year-on-year increase of EGP 379bn…
MENA region recorded 225 M&A deals with a value of $46bln during Q1 2025
Cross-border deals where the primary driver of M&A activity in the MENA region with 117 deals valued at US$37.3b The…
Oliver Wyman names Abdulelah AlBarrak as Head of its Riyadh office
Oliver Wyman has named Abdulelah AlBarrak as Head of its Riyadh office, responsible for driving the hub’s strategy, growth, talent…
Türkiye remains 4th largest country in IFC’s Global Trade Finance Program
Türkiye is the fourth largest country in the Global Trade Finance Program (GTFP) by the International Finance Corporation (IFC), playing…
VAT: How should UAE businesses factor in barter deals?
It is a common knowledge that VAT is applicable on the supplies of goods or services for consideration. ‘Consideration’ could…