Middle East and North Africa

Middle East and North Africa

National Bank of Kuwait Goes Ripple

The National Bank of Kuwait (NBK), one of the largest privately held financial institutions in Kuwait, has announced that they have launched the “NBK Direct Remit”...

Ripple Targets Middle East Financial Institutions, Adds New Partners on Ripple...

Ripple has successfully partnered with institutions around the world and its recent focus seems to be on Middle Eastern Institutions. As per reports Ripple...

Nasdaq Dubai Welcomes Listing of $200m Sukuk

Nasdaq Dubai has welcomed the listing of a $200 million sukuk issued by the emirate of Sharjah. It is the emirate’s second sukuk listing...

Bank AlJazira Wins 2 Industry Awards

Bank Aljazira gains new awards during the 4th Islamic Retail Banking Awards Ceremony held in Dubai. The two prestigious awards received were: Critics Choice...

GCC Banks and Regulators See New Opportunities in Mergers

Once a taboo in the GCC bank boardrooms, the option of a merger has become more acceptable, thanks to the recent successful mergers of...

SRC Establishes Sukuk Program

Saudi Real Estate Refinance Company (SRC) announced today that it has established an Islamic Sukuk programme allowing issuances of up to SAR 11 billion....