SKFH Announces the Launch of Subscription in Saudi Equity Fund "Waed"
Fund offered for subscription for SR 10 per unit, aims at achieving capitalistic growth Saudi Kuwait Finance House announced…
New Investment Products & Services
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Bahrain Bourse Preparing Islamic Product Range – CEO
Bahrain’s stock exchange plans to launch a range of Islamic investment products, including a novel equity-based murabaha financing tool and…
Lighter regulations at DIFC attract three new funds
Dubai’s financial hub is set to attract at least three new funds by the end of the year as a…
Saudi's largest lender plans to raise $6bn in IPO
Saudi Arabia's National Commercial Bank plans to raise SR22.5 billion in a flotation this month, it said in a statement,…
National Bank Of Fujairah Launches New Islamic Unit
National Bank of Fujairah (NBF) has announced that it has begun offering Islamic products with the launch of NBF Islamic,…
National Bank of Fujairah launches NBF Islamic
National Bank of Fujairah (NBF) PJSC today announced the launch of NBF Islamic, a service proposition that seeks to provide…
Doha Bank launches 1st e-bank branch in Dubai
Doha Bank has announced the inauguration of its first electronic branch in Dubai. Doha Bank Group CEO Dr R…
Saudi's Sedco Capital launches first in-house managed Islamic fund
Jeddah-based Islamic investment firm Sedco Capital has launched the first fund managed by its own in-house team, looking to bulk…
Henyep Investment Bank Announces the Launch of Additional International Stock Products
Henyep Investment Bank, the premier financial services company authorized & regulated by the Dubai Financial Services Authority (DFSA) and based…
Emaar Taps Stock Boom in Dubai’s Biggest IPO in Seven Years
Emaar Properties PJSC (EMAAR), Dubai’s only listed developer to survive the property crash without an annual loss, raised $1.6 billion…
FPI launches new Reserve Portfolio Bond
Friends Provident International has launched a new version of its Reserve Portfolio Bond complete with two brand new charging structures.…
Saudi billionaire's firm plans $500m Ethiopia investment
An Ethiopian agricultural company, majority-owned by Saudi billionaire Mohamed al-Amoudi, plans to invest at least $500 million in coffee and…