Alinma Bank initiates sale of AT1 sukuk – document
Saudi-based Islamic lender Alinma Bank has given initial price guidance of around 7% for its additional Tier 1 sukuk non-callable…
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Mashreq closes US$88 million syndicated term loan facility for Joint-Stock Commercial Bank 'Agrobank'
Mashreq announced closing a US$88 million one-year syndicated term loan facility for Joint-Stock Commercial Bank “Agrobank”. Mashreq acted as sole…
Dubai Islamic Bank shareholders approve 45% dividend for 2023
Dubai Islamic Bank, the UAE's largest Islamic bank, has successfully concluded its Annual General Assembly (AGM) with the approval of…
QNB launches Smart Card Machine
On the sideline of its participation at the Web Summit Qatar as a diamond sponsor, QNB, the largest financial institutions…
LOGIC Consulting wins top workplace and well-being award in KSA
The first Corporate Happiness Awards have been announced in a ceremony, celebrating Saudi achievements in workplace well-being, with LOGIC Consulting…
Gulf International Bank reports record financial results
In the fourth quarter of 2023, the net income attributable to the Shareholders of the Bank was $17.6 million, compared…
Knight Frank: Dubai shows strong luxury price growth in global market trends for 2023
According to The Wealth Report, Knight Frank’s flagship research report – prime residential prices showed significant strength in 2023. Of…
Maltese startup TriStratus opens office in Cairo
“When we set up the company, we were just three colleagues, but we were driven by the strong belief in…
Wealth manager GSB strives to become ‘biggest financial services firm in the world’
Wealth management firm GSB has laid out its ambition to become the “biggest financial services company in the world”. …
Saudi Arabia's Wealth Management Sector Embraces the Future with Robo-Advisors
In a move mirroring the pace of global digital transformation, Saudi Arabia is positioning itself at the forefront of financial…
Insights on Jersey’s Position in Islamic Wealth Management
Faizal Bhana, Director – Middle East, Africa and India at Jersey Finance was recently honoured to be selected to contribute…
Raqami Islamic Digital Bank chooses Codebase for digital overhaul
Raqami Islamic Digital Bank has chosen Codebase Technologies to lead the launch of a new, cutting-edge, Shariah-compliant digital bank, based…