Saudi finance ministry says domestic sukuk program established
Saudi Arabia's ministry of finance said on Sunday it had established a program to issue local currency Islamic bonds, as…
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RAKBank Group posts profit for first half
The RAKBank Group announced on Monday a consolidated net profit of Dh381.5 million for the half year ended June 30.…
Egypt investment bank gets brokerage licence
Egypt-based investment bank EFG-Hermes has been licensed to operate a stockbroker unit in Kenya with an eye on an investment…
Emirates NBD debuts FaceBanking on online banking platform
Emirates NBD has launched FaceBanking, a first-to-market service that will offer the bank’s customers instant video and live chat with…
Arab National Bank reports a profit
According to a statement on Tadawul, Arab National Bank (ANB) recorded a net profit of SAR 1,617.1 million for the…
Real estate and tourism in focus for Dubai as it manages economy
Dubai is bringing more transparency to the way it is managing its economy, by forecasting growth not just for the…
KFH eyes expansion in China and Egypt
Kuwait Finance House, the Arabian Gulf’s 10th-largest lender, plans to expand in China and Egypt as the region’s banking sector…
Fintech in payments: Changing perspective
The author's shorthand for Happiness Index, Infrastructure, Talent, Regulations, Access and Capital. The six pillars that make UAE a…
Doha Bank announces winners of Al Dana scheme
Doha Bank, one of the largest private commercial banks in Qatar, yesterday announced the winners of its Al Dana savings…
Saudi Arabia’s Sukuk Program Established
The Debt Management Office announced on Sunday the establishment of the local currency Islamic bonds program, after banks fulfilled requirements…
Once a UAE military officer, now looking to offer a wealth of financial advice
Mohammad Al Balooshi is training to become an independent financial adviser at a private wealth management company. The 30-year-old…
Saudi's Al Rajhi Bank's profits rise 6.3 pct, meets forecasts
Al Rajhi Bank, Saudi Arabia's second-largest bank by assets, on Monday reported a 6.3 percent rise in second-quarter net profit,…