Volume of Islamic banking in Egypt estimated at EGP 459bn by end of September 2022
Mohamed Al-Beltagy — Chairperson of the Egyptian Islamic Finance Association for Islamic Finance — said that the volume of Islamic…
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CBE approves in principle Abu Dhabi Islamic Bank Egypt’s Takka cards
The Central Bank of Egypt granted preliminary approval to Abu Dhabi Islamic Bank Egypt to launch Takka prepaid cards in…
Companies lured to ‘crypto hub’ Dubai have regrets thanks to FTX and Sam Bankman-Fried
On Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale…
Dubai’s rate of rental growth continues to accelerate in Oct
The total volume of transactions in Dubai’s residential market registered 8,269 in October 2022, highlighting an increase of 72.5 percent…
Federal Tax Authority holds awareness seminar about the EmaraTax platform on World Future Day
The new and improved integrated digital tax service platform EmaraTax, set to be launched by the Federal Tax Authority (FTA)…
Young Middle East millionaire investors bid on Islamic and sustainable investments
The vast majority of younger high net worth investors (91%) in the Middle East allocate investments in the Islamic investment…
Burgan Bank Selects Commencis as Its Technology Partner in Turkey
Burgan Bank's innovative and pioneering digital bank 'ON' in Turkey has signed a strategic business partnership with Commencis to further…
6th EU-GCC Business Forum underlines commitment to boost cooperation
The EU and the GCC have underlined their commitment to expanding cooperation during their sixth joint business forum on Thursday…
Turkiye central bank says easing done after a policy rate cut to 9%
Turkiye’s central bank cut its policy rate by 150 basis points to 9% as expected yesterday and said it decided…
New impetus for sustainable waste management in GCC
Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastics, is geared to support the Cooperation Council for…
Emirates NBD partners with Network International to launch Emirates NBD Pay
Emirates NBD, a banking group in the MENAT (Middle East, North Africa and Turkey) region, has expanded its portfolio in…
Azizi buys Dubai South land for multibillion-dollar project
Azizi Developments, a private real estate developer in the UAE, signed a deal with Dubai South, the largest single-urban master…