Bahrain's Tamkeen launches new Solar Financing Scheme
Tamkeen has signed an agreement with several leading banks in Bahrain for the launch of the Solar Financing Scheme. …
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UAE central bank recommends measures to mitigate coronavirus impact
The central bank of the United Arab Emirates advised banks to reschedule loans and reduce fees and commissions on Saturday…
Edamah signs property management agreement with Bahrain development bank to manage and operate Sitra mall
Bahrain Real Estate Investment Company (Edamah) has signed a property management agreement with Bahrain Development Bank whereby Edamah will take…
Abu Dhabi Finance, Beehive enter landmark lending partnership
Abu Dhabi Finance, the UAE’s only specialised conventional mortgage lender, has announced a landmark strategic partnership with Beehive, Mena’s first…
Standard Chartered sees 2019 MENA profits up 29%, warns of impact or coronavirus
Standard Chartered’s Middle East and African operations saw profits rise 29 percent in 2019, but the British lender warned on…
Dubai’s DIFC, Mashreq Bank launch bank account opening with KYC blockchain platform
Dubai International Financial Centre and Mashreq Bank has announced the region’s first blockchain data sharing platform, now live in production,…
Monaco-based Fintech Privatam Is Expanding its Operations by Offering Services in Dubai
Monaco-based Fintech Privatam is expanding its operations by offering its services in Dubai. The company notes that the Middle…
Dubai Islamic postpones sukuk amid coronavirus volatility: sources
Dubai Islamic Bank has postponed a planned issuance of U.S. dollar-denominated sukuk due to market conditions resulting from the new…
Norway’s sovereign fund raises investments in GCC markets
Norway’s sovereign wealth fund, the largest in the world, increased its investments in the GCC region by 15.2% or $440…
Mashreq appoints Head of Corporate and Investment Banking
Mashreq has appointed Joel D Van Dusen as its new Head of Corporate and Investment Banking Group. During his…
Proactive measures helped stabilise economy post-blockade: QCB Governor
A series of quick and proactive measures taken by the government and Qatar Central Bank in response to the blockade…
UAE's Gulf Islamic Investments buys New York office building
Gulf Islamic Investments has acquired a property in New York, just half an hour away from bustling Manhattan. The…