Fintech Robos migrates to cloud-only infrastructure with AWS
Founded in 2020 in the Kingdom of Bahrain, Fintech Robos is the product of several experts pooling together to revolutionize…
Trading, Broking & Stock Exchanges
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Egypt offers treasury bonds worth $1.05bn
The Central Bank of Egypt has issued treasury bonds worth EGP 16.5 billion ($1.05 billion), as part of efforts to…
Qatar shares outperform as cap on foreign ownership removed
Major Gulf stock markets registered sharp gains on Thursday, boosted by financials, with Qatar outperforming the region after it approved…
Saudi's SABIC to distribute $1.2bln in H2 2020 dividends
The Saudi Basic Industries Corporation has approved cash dividends amounting to SR4.5 billion ($1.2 billion) to shareholders for the second…
Qatar- Commercial Bank successfully taps Swiss franc bond market for fifth time
Commercial Bank has successfully re-accessed the Swiss Franc (CHF) bond market with a CHF150mn benchmark transaction, bringing its total take…
Deloitte advises education firm Al Faleh on its stock debut
Doha-based provider of education products and services Al Faleh is set to become the first ever company to be listed…
Israeli regtech AML firm ‘considers public listing’ ahead of expected AI boom
Israeli cyber security firm ThetaRay is considering listing on the stock market following an increase in the valuation of regtech…
The Saudi Stock Exchange (Tadawul) Announces Its Transformation into A Holding Company (Saudi Tadawul Group) In Preparation for IPO
Four subsidiaries under the umbrella of the new Group, focused on growth and innovation The launch of (Saudi Exchange) a…
Saudi’s Islamic Development Bank lists $2.5bn sustainability sukuk on Nasdaq Dubai
Saudi Arabia’s Islamic Development Bank has listed a $2.5bn sustainability sukuk on Nasdaq Dubai. It is the second AAA-rated…
Bank Nizwa approves distribution of cash dividend for shareholders
Oman’s leading and most trusted Islamic bank, Bank Nizwa, held its Annual Ordinary General Meeting on March 28 via the…
QFB improves balance sheet, overall liquidity position in 2020: Chairman
Qatar First Bank, the first independent Shari’ah compliant bank authorised by the QFC Regulatory Authority and a listed entity on…
Egypt, Japan sign MSME facility agreement worth $100m
Egypt’s Banque Misr, the Japan International Cooperation Agency (JICA), and Sumitomo Mitsui Banking Corporation (SMBC) signed a loan agreement worth…