Turkey to issue gold-backed bond, sukuk
Turkey's Treasury will issue a one-year gold-backed bond and sukuk to corporate investors on Wednesday. The bond and sukuk…
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UAE banking at a time of inflection
UAE—An attractive banking market with unique characteristics Most banking markets around the world have seen limited growth and profitability…
Saudi's Fawaz Abudulaziz Alhokair secures $800mln Islamic finance
Saudi-listed retail group, Fawaz Abdulaziz Alhokair Company, has signed an Islamic term Murabaha facility and a revolving credit facility agreement…
RippleNet network in UAE expands with Bank of Fujairah
RippleNet network in UAE is growing at an exponential pace. Ripple and National Bank of Fujairah have entered into a…
GCC bank profits, credit quality face risk from virus
Banks and financial institutions across the Gulf Cooperation Council are expected to experience relatively muted direct impact of the coronavirus…
UAE central bank to revise 2020 growth forecast due to coronavirus
The United Arab Emirates’ central bank will reassess its forecast for economic growth in 2020 due to the coronavirus outbreak,…
Boubyan Bank ready to combat Covid-19
Boubyan Bank’s Group General Manager - Administration Group, Mr. Waleed Al-Yaqout has confirmed that the bank has been prepared since…
Mashreq Bank: Joel Van Dusen to join Mashreq as Head of Corporate and Investment Banking
Mashreq has appointed Joel D Van Dusenas its new Head of Corporate and Investment Banking Group. During his career,…
i2c Expands Presence in Middle East and Africa Due to High Demand for Its Agile Processing
i2c has announced it is expanding its presence in the Middle East and Africa due to high demand in the…
Phenomenal show by JACC “Kuwait Calling”, sponsored by NBK
Al Mattar: Sponsoring Kuwait Calling highlights NBK’s support in promoting the celebratory expression of Kuwait’s history and heritage shown in…
Coronavirus: UAE banks told to suspend, reschedule loan EMIs
The Central Bank has advised UAE banks to grant temporary deferrals on monthly loan payments and reduce fees and commissions…
Family Bank in Bahrain opens Seef headquarters
The Family Bank has succeeded in the past 10 years to empower families economically, Labour and Social Development Minister Jameel…