All Articles

Awards and Recognition

Ethis Group soars to new heights with its second GIFA Best Islamic Crowdfunding Platform Award

September 16, 2022

Ethical and Islamic investment and social finance platform operator, Ethis Group, recently received its second Best Islamic Crowdfunding Platform award…

Read More

FinTech

Emirates NBD introduces H2H digital payment solutions for ENOC Group

September 16, 2022

ENOC Group has accelerated its digitisation strategy through a collaboration with Emirates NBD, a leading banking group in the MENAT…

Read More

Retail Banking

Kuwait's Boubyan Bank launches DIFC-backed start-up accelerator

September 16, 2022

Kuwait-based Islamic lender Boubyan Bank and the Dubai International Financial Centre's FinTech Hive launched a new accelerator programme that will…

Read More

Property & Real Estate

Saudi ministry signs infrastructure financing deals with banks worth $6.65 billion

September 16, 2022

Saudi Arabia’s finance ministry has signed financing agreements with local banks worth 25 billion riyals ($6.65 billion) to fund infrastructure…

Read More

Islamic Finance

US$ 188bln worth of Sukuk issued in 2021

September 15, 2022

The International Islamic Financial Market  announced the launch of the 11th Edition of its Annual Sukuk Report. The research report…

Read More

FinTech

Jordanian FinTech liwwa bags $18.5m pre-Series B

September 15, 2022

Liwwa, a peer-to-peer lender, has raised $18.5m pre-Series B round of equity and debt funding.   The equity raise –…

Read More

FinTech

Central Bank of Bahrain tests bitcoin payment infrastructure

September 15, 2022

OpenNode, a provider of Bitcoin infrastructure, will test its payment processing and payouts platform in Bahrain, within a regulatory sandbox…

Read More

Investment Banking

EFG Hermes successfully concludes advisory on UAE-Based AD Ports acquisition of a 70% stake in Transmar and TCI

September 15, 2022

EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully…

Read More

Regulation, Risk & Compliance

US$13 billion in Gulf deposits allays some pressure on Egypt following capital flight from emerging markets

September 15, 2022

Last week, the Central Bank of Egypt announced that it had obtained US$13 billion in deposits from countries in the…

Read More

Retail Banking

BofA relocating Russian staff to Dubai as Ukraine war drags on

September 15, 2022

Bank of America is moving some of its Russian staff to Dubai, Reuters reported citing two unnamed sources.   The…

Read More

Comment & Analysis

Gulf banks lag regional peers on gender parity in boardroom

September 15, 2022

Most big banks in the Gulf Cooperation Council have no women board directors, according to an S&P Global Market Intelligence…

Read More

Hedge Funds & Alternative Investments

EBRD supports green, low carbon investments in Turkey

September 15, 2022

EBRD €50 million loan to Yapi Kredi Leasing to expand green financing Funds to be used for energy efficiency, renewables…

Read More