RAKBANK's shareholders nod to 22.5% dividends for 2021
The ordinary general meeting (OGM) of the National Bank of Ras Al Khaimah (RAKBANK) has approved a cash dividend distribution…
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Banque Misr in Egypt automates trade finance with Finastra
Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade…
NBK Capital Awarded Global Finance’s “Best Debt Bank”
NBK Capital has awarded Global Finance’s “Best Debt Bank” in the Middle East for 2022. Global Finance recognizes the…
Kamco Invest successfully leads stc’s acquisition of e-Portal Holding Company
Kamco Invest successfully led the acquisition of e-Portal Holding Company - e-Portal, one of Kuwait’s key players in the Information…
The CBB supports University of Bahrain Master in Financial Technology student projects
As part of the Central Bank of Bahrain’s commitment to enhance the competitiveness of the financial services sector and in…
Saudi PIF ranks 5th among world’s sovereign funds with $620bn assets
Saudi Arabia’s Public Investment Fund has advanced from sixth to fifth place among the largest sovereign funds in the world…
Saudi competition authority approves 88% more mergers & acquisitions requests in Q1
Saudi Arabia’s General Authority for Competition approved 49 applications for mergers and acquisitions in the first quarter of 2022, an…
Sohar Islamic inks agreement to provide retail and wholesale banking solutions to Madayn
Contributing and promoting the national agenda of diversification as well as generating in country value (ICV), Sohar Islamic - Sohar…
QIB wins 3 prestigious awards at Global Finance world’s best Islamic financial institutions 2022
Qatar Islamic Bank (QIB) has been recognized on a global and national level at the Global Finance Magazine’s World's Best…
How Islamic Finance Can Support the Gambia's Economic Development
Tapping into Islamic finance will attract foreign direct investment into the Gambia and contribute significantly to its economic development. It…
Bahrain's IIFM and TKBB sign MoU on participation banking sector
The International Islamic Financial Market (IIFM), a Bahrain-based standard-setting body, and the Participation Banks Association of Turkey (TKBB) have signed…
UAE’s DMCC records 665 new company registrations in Q1 2022
The Dubai Multi Commodities Centre said that 665 new companies registered in the freezone in Q1 2022 – making it…