Treasury sukuk auction for Q3 attracts strong demand from eight banks
A Yield to Maturity (YTM) of 4.77 % on the 3-Year tranche and 4.43 % on the 5-Year tranche, representing…
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UAE raises $1.8bln in bids for Q3 2024 Islamic bonds
The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme.…
Herbert Smith Freehills advises on key Abu Dhabi waste-to-energy project
Herbert Smith Freehills has advised Marubeni, Hitachi Zosen Inova (HZI) and Japan Overseas Infrastructure Investment Corporation for Transport & Urban…
Al-Rajhi Bank goes live on ICS BANKS banking solutions
Al-Rajhi Bank Jordan has announced that it successfully went live on ICS BANKS Universal Islamic and Digital Banking solutions from…
Saudi SME Bank drives economic growth with $267m disbursed since inception
Saudi Arabia’s Small and Medium Enterprise Bank disbursed SR1 billion ($267 million) between its launch in December 2022 and January…
Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook
Fitch Ratings has affirmed Commercial Bank’s Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Fitch has also…
Qatar’s swift digital development creates ideal market for innovative tech solutions
The rapidly enhancing digital solutions and robust e-commerce presence in Qatar ensure that the food market is on an upward…
Allianz Egypt appoints Charles Tawdros as new CEO of the Group
Allianz Egypt has announced the appointment of Mr. Charles Tawdros as the new CEO. This strategic decision reflects the company's…
NBK advises to use strong passwords and never share them with anyone
NBK makes unwavering efforts to raise customer awareness considering this a crucial part of its strategy National Bank of…
Egis secures Saudi Arabia’s top environmental license for sustainable development
Egis has been granted the respected Environmental License Class A from Saudi Arabia’s National Center for Environmental Compliance (NCEC). This…
Oliver Wyman welcomes Cyril Semaan as new partner
Oliver Wyman has welcomed Cyril Semaan as a partner in its Middle East business. Installed as a partner in…
Africa Specialty Risks officially opens office in Dubai International Financial Centre
Africa Specialty Risks, the pan-African and Middle East focused reinsurance group, is pleased to announce the opening of its Dubai…