Emirates NBD to sell controlling interest in Dubai Bank to Abu Dhabi-based Eradah Capital
Emirates NBD is to sell a major stake in Dubai Bank to Abu Dhabi-based private limited company Eradah Capital. …
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Al Baraka Islamic bank offers unprecedented land & construction property financing offers
Al Baraka Islamic Bank has announced the first-of-its-kind financing offer in the Kingdom, in which the Bank’s customers have the…
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…
ahlibank’s OMR30 million rights issue oversubscribed 1.29 times
ahlibank has announced an oversubscription of its rights issue by 1.29 times. This marks the successful closure of the bank’s…
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…
Dukhan Bank offers huge cash reward on personal finance applications
Dukhan Bank, Qatar’s leading banking player, has recently launched its personal finance campaign that offers the customers a cash reward…
HSBC Saudi Arabia wins the Best Custodian in the Kingdom award for 2020
HSBC Saudi Arabia won the “Best Custodian in the Kingdom” for 2020 in the Saudi Capital Market Awards. This…
Mohammed bin Rashid approves Emirates Development Bank strategy
Mohammed bin Rashid: Advancing the national economy is a top priority that requires a joint effort of all our economic…
NBK appoints Head of group wealth management
National Bank of Kuwait has announced the appointment of Mr. Faisal Abdul-Latif Al-Hamad as Head of Group Wealth Management, and…
ADIB provides financing for Albilad Capital's £87M landmark acquisition of PWC HQ in Northern Ireland
Abu Dhabi Islamic Bank has provided structured Islamic financing for Albilad Capital’s acquisition of the PWC HQ in Belfast, comprising…
NBO announces financials and new appointments at annual general meeting
National Bank of Oman held its Annual General Meeting this week. Conducted remotely, the meeting was attended by board members,…