Egypt repays $4bln of debt to African Export-Import Bank
Egypt has paid back a total of $4 billion of its debts to the African Export-Import Bank, the central bank…
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Islamic funds, asset management sector poised for growth
The next segment of Islamic finance facing an upswing in volume and activity is the Islamic fund and wealth management…
Saudi Arabia, Allies Snub Qatar At Crisis-Hit Gulf Summit
Gulf powerhouse Saudi Arabia snubbed its former regional ally Qatar at the annual summit Tuesday of regional monarchies as King…
Middle East Islamic banking to grow by 5% annually, says governor of Central Bank of Bahrain
The Middle East Islamic banking sector is forecast to grow at an annual rate of 5 per cent for the…
New Startup Funding And Funds Unveiled At Egypt’s RiseUp Summit
In early December, regional entrepreneurs, investors and business executives gathered in downtown Cairo for the fifth edition of the annual…
Union National Bank Is A Pillar Of The United Arab Emirates Economy
The financial services sector is an important part of the UAE economy, one that helps much of the region’s growth.…
CBB Issues Wholesale Banking License To Branch
The Central Bank of Bahrain announced that it has issued a license to Mashreqbank PSC to open a wholesale bank…
Abu Dhabi Sovereign Wealth Fund Picks Up Stake In KKR India NBFC
Private equity firm KKR said on Monday Abu Dhabi Investment Authority has bought a stake in KKR India Financial Services…
Next Generation Banking Start Up Etherecash Attracts 40,000 ICO Supporters
After a massively successful pre-ICO in late October, financial innovator Etherecash continues to receive incredible support in it’s mission to…
Fixed Income Funds Hold Key To Debt Market Growth
Securities and EXCHANGE Organization’s attempts to regulate fixedincome funds have so far proved fruitless and consequently prevented the debt…
AL-Thiqa Islamic Bank Deploys ICS BANKS ISLAMIC System from ICSFS
ICS Financial Systems Limited announced that AL-Thiqa Islamic Bank has gone live on the multi-awards winning system ICS BANKS ISLAMIC.…
AUB wins ‘Best Bank for Private Banking Services Award’ in Kuwait
For the second time in 2017, Ahli United Bank receives a Best Private Banking Award. In October, 2017 AUB…