Middle East and North Africa

Middle East and North Africa

Fintech to Help Qatar Become Islamic Finance Hub: QFC

Fintech can enable Islamic finance to attract more customers, increase efficiency, reduce costs and offer a wider range of products, helping the sector become...

Goldman Sachs Brings Forward Claim Linked to Saudi Debt Saga

Goldman Sachs has bought forward a claim against Bahrain’s TIBC whose default 10 years ago triggered the biggest financial crisis in Saudi Arabia, reported...

Net Income of Al Baraka Banking Group Reaches $41mln in First...

Al Baraka Banking Group BSC (ABG), the leading Islamic banking group with its Headquarters in the Kingdom of Bahrain, achieved a net income of...

DIB Hires HSBC to Advise on Merger Talks with Noor Bank

Dubai Islamic Bank has hired HSBC Holdings to advise on its possible acquisition of Noor Bank, a tie-up which will create a lender with...

UAE’s Majid Al Futtaim Set to Raise $600 Million in Green...

UAE-based Majid Al Futtaim (MAF) is set to raise $600 million in green Sukuk, reported Reuters. The price guidance for the deal, which has attracted...

QIB Honoured as ‘Best Islamic Financial Institution’ in Qatar and Sudan

Qatar Islamic Bank (QIB) has been recognised as the “Best Islamic Financial Institution in Qatar” and the “Best Islamic Financial Institution in Sudan,” by...