Mobily Partners Silicon Valley Accelerator to Invest in Startups
Saudi Arabia’s second-largest telecom operator Mobily said Monday it has established a joint venture with Silicon Valley-based Plug and Play…
New Investment Products & Services
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Massive growth potential for Sukuk market in Gulf region, says Dubai Chamber
The global Sukuk industry is expected to be one of the fastest growing segments of the Islamic finance industry with…
CBI Ups SME Offering: Bank Allocates AED 1bn to support SMEs in the UAE
Commercial Bank International announced it has more than doubled financing to small and medium enterprises, allocating AED 1 billion in…
AlKhair Capital plus Sukuk Fund launched eyes investment in fixed income markets
AlKhair Capital plus Sukuk Fund launched; eyes investment in fixed income markets Sharia-compliant Fund aims to achieve mid- and…
KEB eyes expansion in Europe, Middle East
Korea Exchange Bank has set its eyes on overseas markets, particularly Europe and the Middle East, in an effort to…
Rafidain Bank plans to open its branch in London
Rafidain Bank announced on Saturday, its intention to re-open its branch and resumption of its activity in the British capital…
Turkey's Biggest State Bank Applies to Found Islamic Bank
Turkey's largest state-run lender, Ziraat Bank, applied to Turkey's banking watchdog on Friday to establish its own interest-free Islamic bank.…
Burgan Bank eyes talks with investors over bond
Kuwait's Burgan Bank has chosen banks to arrange meetings with investors ahead of a potential issue of a capital-boosting bond,…
RAKBank introduces card-less ATM cash withdrawals
RAKBank has launched a new digital banking solution that allows cash withdrawals from its network of automated teller machines (ATMs)…
ADCB Launches Commercial Offshore Banking Products
Abu Dhabi Commercial Bank ( ADCB ) announced today the launch of commercial offshore banking products through its Jersey branch.…
United Arab Emirates to open bank in Serbia
The Executive Board of the National Bank of Serbia (NBS) gave the preliminary approval for the foundation of a bank…
Mashreq launches "Gold Edge Invest Account"
Mashreq, one of the UAE's leading financial institutions, announced yet another innovative solution to provide unprecedented benefits to its customers. …