Kuwait Finance House issues $1bln 5-year Sukuk
Kuwait Finance House announced the successful issuance of a 5-year Senior Unsecured Sukuk of US$1 bn. The Sukuk will be…
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Growth of new hubs challenges Swiss private banking stalwarts
Emerging financial centres across the fast-growing regions of Asia and the Middle East are expanding faster than traditional heartlands, but…
Invesco appoints head of EMEA sustainable and impact investing distribution
Invesco has appointed Arun Kelshiker as head of EMEA sustainable and impact investing distribution, helping to raise and mobilise capital…
PIF pumps $200mln into first globally listed Saudi ETF
The Public Investment Fund is pumping $200 million into the first internationally listed exchange traded fund that is focused on…
Dhofar Islamic launches special financing campaign with competitive rates starting from 4.75%
Dhofar Islamic, the Islamic Banking window of BankDhofar, has announced a new financing campaign offering one of the most competitive…
Deloitte Middle East upgrades Tax and Legal Gen AI solution
Deloitte Middle East’s Tax and Legal practice today announced the launch of the second generation of its in-house pioneering AI-powered…
Kuwait’s Warba Bank to acquire nearly 33% stake in Gulf Bank
Kuwait’s Warba Bank has agreed to acquire Alghanim Trading’s 32.75 per cent stake in Gulf Bank in a deal valued…
Objectway expands into the MENA region by signing with Kuwait Financial Centre "Markaz"
Objectway enters the MENA region by signing its first client in Kuwait, Kuwait Financial Centre “Markaz”, a leading asset management…
QIB introduces innovative features to its mobile apps
Qatar Islamic Bank has introduced a series of new features in its QIB Mobile App and Lite App, bringing enhanced…
Oman's Ominvest secures $500mln facility from GIB, ABK and Gulf Bank
Omani investment company Ominvest has secured a $500 million facility by Gulf International Bank, ABK and Gulf Bank, it said…
ADIB Opens 72Nd Branch At Mall Of Egypt
Egypt (ADIB) has opened its 72nd branch inside Mall of Egypt, further expanding its Network across Egypt. This new…
Jordan attracts $1.3b worth of foreign direct investments by September 2024 – CBJ
Foreign Direct Investment inflows to the Kingdom increased during the third quarter of 2024, reaching $457.8 million, a 3.7 per…