Burgan Bank convenes its 57th Ordinary General Meeting
Burgan Bank has convened its 57th Annual General Assembly meeting on Wednesday 22nd of June at KIPCO Tower with a…
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DGDA signs MoU with Al Rajhi Bank to help fund home buyers
The Diriyah Gate Development Authority (DGDA) has signed a Memorandum of Understanding (MoU) with Al Rajhi Bank to provide financing…
When the commodity traders flee from Geneva to Dubai
Switzerland made it clear from the outset that it was not available to circumvent the sanctions against Russia. The consequences…
Qatar National Bank launches open banking suite
QNB, the largest financial institution in the Middle East and Africa, announces its launch of Open Banking platform for a…
UAE banks score low on customer satisfaction – KPMG survey
The UAE’s banks may be doing well this year in terms of their finances, but they have a lot to…
Major insurance accord signed in Bahrain
Bahrain National Insurance (bni), Bahrain National Life Assurance (bnl) and The Collective Hub Powered by Tenmou, announced the signing of…
Emirates Development Bank to boost lending to $1.36bn by end of 2022
Emirates Development Bank, the state-owned lender focused on financing companies in key industrial sectors, aims to boost its funding to…
Abu Dhabi Islamic Bank named ‘Islamic Bank of the Year 2022’ by The Banker Magazine from FT
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognised as the Best Islamic Bank by Financial Times’…
Dentons expands Middle East Banking and Finance practice with hire of Saudi-focussed partner
Dentons has expanded its Middle East Banking and Finance Practice with the hire of Partner Umera Ali. She joins from…
Pankaj Gupta of Gulf Islamic Investments to Chair new GCC chapter of 256 Network
Pankaj Gupta, Co-CEO of Gulf Islamic Investments, announces the launch of the GCC Chapter of 256 Network, an exclusive peer-built…
State of Open Banking in Europe, Africa and the Middle East
Open Banking refers to the use of open-source technology and data-sharing in the delivery of financial services. The goals of…
IIFM plans to develop new standards relating to Islamic syndication and liquidity management
The Board of Directors of the International Islamic Financial Market held its forty-sixth (46th) meeting (virtually) to discuss the Islamic…