Muzn Islamic Banking Supports Islamic Finance News Oman Forum 2022
National Bank of Oman’s (NBO) Islamic Banking Window, Muzn, recently supported the seventh annual Islamic Finance News (IFN) Forum 2022,…
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OTI launches real estate investment programme for GCC investors
OTI real-estate, a company of Hebashi Holding Group, has announced the launch of its new venture, 'Virtu' that enables investors…
Egypt to issue $500m worth of green bonds in current fiscal: Finance Minister
Egypt is preparing to issue an estimated 9.8 billion Egyptian pounds ($500 million) worth of green bonds during the current…
Boubyan Bank records Net Profit of KD 49mln for the period ended September 2022
Boubyan Bank has announced operating profits of approximately KD 79 million during the period ended September 2022, while continuing to…
Interest rate increases and macroeconomic tailwinds ‘to boost profitability of UAE banks’
Higher interest rates and a broad-based recovery of the UAE’s economy from the Covid-19 pandemic-induced slowdown are expected to boost…
Qatar's Commercial Bank revenues exceed $600m in 9 months
The Commercial Bank of Qatar yesterday said its revenues had reached a total of 2.201 billion riyals ($604.7 million) in…
Lloyds Banking Group delivers its Innovation Sandbox
Lloyds Banking Group has announced the launch of its Innovation Sandbox. The Innovation Sandbox will accelerate Lloyds Banking Groups’ collaboration…
ADIB named the Safest Islamic Financial Institution in 2022
Abu Dhabi Islamic Bank has announced that it has been named the Safest Bank for 2022 by New York based…
Insurance company Volante Global uses Lloyds’s Syndicate at DIFC for Middle East and Republic of Türkiye growth
Volante Global and Lloyd’s Syndicate, has announced the launch of Volante (DIFC) Ltd at Dubai International Financial Centre, the leading…
Al-Mansour Bank share price increases 14%
A recent research report by Rabee Securities showed that Al-Mansour Bank's net profit after tax decreased 8% quarter-on-quarter, during the…
Al-Marzouq: KFH Achieved KD 205.8 Million Net Profit up to the end of Q3 2022; an increase of 22.4%
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profit…
Saudi finance companies witness sharpest q/q drop in net income since 2018
The net income of Saudi Arabia’s finance companies fell by SR593 million ($158 million) quarter on quarter to reach SR283…