EDB named Official Banking Partner of AIM 2022
Emirates Development Bank, a key financial engine of the UAE’s economic diversification and industrial transformation agenda, has been named as…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47715 articles available
Artefact strengthens Middle East presence with new Saudi office
International data science consultancy Artefact has launched a new office in Saudi Arabia, its second hub in the Middle East.…
Saudi Crown Prince’s $100 Billion Investment Chase Takes Off
Saudi Arabia’s foreign direct investment reached its highest level in more than a decade last year, seeing a sharp upswing…
Sharjah markets 8-year Islamic bonds
The government of Sharjah, one of the seven United Arab Emirates, has begun taking orders for eight-year U.S. dollar-denominated Islamic…
CBB treasury bills oversubscribed
This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 127%. The bills, carrying a maturity…
Al Baraka Bank covers $40.93mln of Palm Hills’ sukuk issuance
Al Baraka Bank Egypt has contributed EGP 750 million to the coverage of the issuance of EGP 3.251 billion sharia-compliant…
Sharjah Islamic Bank wins the Dubai Service Excellence Program award
Sharjah Islamic Bank picked up the award for Best Service Performance Brand in the service sector, at the twenty-eighth session…
Abu Dhabi sovereign fund pausing Russia investments, CEO says
Abu Dhabi's Mubadala Investment Company is pausing investments in Russia, which represent less than 1% of its portfolio, because of…
Muzn Islamic Banking records 24% rise in net profit
Muzn, National Bank of Oman’s Islamic Banking window, has released its financial results for 2021, recording a strong performance with…
EU states freeze $130 million worth of Lebanese assets
Authorities in three European countries have frozen more than $130 million in assets linked to an investigation into money laundering…
Central Bank of Bahrain issues revised collective investment undertakings regulations
The Central Bank of Bahrain (“CBB”) has conducted a comprehensive review of its Collective Investment Undertakings (“CIU”) regulations governing the…
Qatar plans to invest $5 billion in Egypt: Egypt cabinet
Qatar plans to invest $5 billion in Egypt in the coming period, Egypt said, as the North African nation’s economy…