Middle East and North Africa

Middle East and North Africa

World’s Top 2,000 List Includes 40 Arab Companies, Aramco Ranked 5th

This year's Forbes Global 2000 list saw the inclusion of 40 companies from the Arab world in the magazine's ranking of the world's top...

UAE Zakat Fund Provided $23.5 Million in Aid Since Start of...

Since the start of 2020, the UAE's Zakat Fund has provided $23.5 million (AED86.3 million) in aid to 5,109 eligible families who have been...

COVID-19 to Put Global Sukuk Issuance to Reverse

By Dr. Mohamed Damak Though it has looked like last year’s recession scare was a false alarm, the global sukuk market is close to sending...

BIBD ‘Best Retail Bank in Brunei’

Bank Islam Brunei Darussalam (BIBD), the Sultanate’s largest Islamic financial institution, has once again been recognised as the Best Retail Bank in Brunei by...

UAE Banks among Top Performing in GCC: KPMG

The local banking sector continues to show strength and resilience as top UAE banks reported the region’s highest growth in their asset base of...

Turkey to Issue Euro and Dollar Denominated Bonds and Sukuks

The Turkish Treasury said on Wednesday that it will issue one-year fixed-coupon euro- and U.S. dollar-denominated sukuks and bonds to corporate investors on May...