Ahli United Bank opens its latest branch at Salmiya Boulevard
Ahli United Bank announced yesterday that it has opened its latest branch located at Salmiya Boulevard, Kuwait’s newest shopping and…
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Emirates Real Estate Fund secures $190m finance
Emirates Real Estate Fund (EREF) has agreed a $190.6 million (Dh700 million) Shari’a compliant finance facility with Emirates NBD, on…
Saudi's Alawwal Bank gets regulatory approval for derivatives trading unit
Saudi Arabia's Alawwal Bank said on Thursday it had received regulatory approval to set up a fully owned subsidiary that…
Biggest Saudi Real-Estate Developer Mulls Expansion, Sukuk Sale
Jabal Omar Development, Saudi Arabia’s biggest real-estate developer, is weighing plans to expand beyond its flagship projects in Mecca and…
Bahrain Bourse lists Islamic financial instruments worth BHD 201 million
Bahrain Bourse (BHB) in a recent announcement has listed four issues in the Treasury Bills Market worth a total of…
APIC issues five-year $35 million bond
In a statement on 18 January 2017, Tarek Aggad, Chairman and CEO of APIC said that the bond issuance holds…
Bahrain's Gulf Int'l Bank launches $500 mln bond at MS +170 bps -leads
Bahrain's Gulf International Bank launched on Wednesday a $500 million Reg S bond with a final spread of 170 basis…
First local bank to launch Virtual Corporate Card
Mashreq Corporate Virtual Cards, an electronic payment platform, built on Mastercard’s In Control platform, provides some of the highest levels…
Emirates Islamic launches Cashback Plus Visa signature credit card
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has the launch of its Cashback Plus Visa…
Breaking: Divisa Capital Raises US$100 million
Institutional foreign exchange and CFDs liquidity provider Divisa Capital has announced that it has raised an additional $100 million to…
Bonus for 15 years: Qatar's QIB unveils new salary transfer campaign
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, yesterday announced the launch of a new salary transfer promotional campaign -…
Citi launches two new credit cards: Citi Rewards and Citi Premier in the UAE
These new products join the Citi Prestige card, which launched in 2015, and complete the Citi Rewards product line. …