Middle East and North Africa

Middle East and North Africa

Dubai Islamic Bank Gets Regulatory Thumbs Up to Buy Noor Bank

Dubai Islamic Bank (DIB) is set to acquire Noor Bank in a deal which will create combined assets of AED 275bn. Its board of...

ADIB Launches Digital Personal Finance Service via Mobile App

Abu Dhabi Islamic Bank (ADIB) has launched a new express finance service which provides qualifying customers with instant access to personal. The lender’s express...

UAE’s Sharjah Islamic Bank Readies Capital-Boosting Dollar Sukuk

United Arab Emirates' Sharjah Islamic Bank is expected to issue U.S. dollar-denominated sukuk, or Islamic bonds, by the end of June to boost its...

Dubai Islamic Bank Board Recommends Noor Takeover to Shareholders

The board of Dubai Islamic Bank, the biggest Sharia-compliant lender in the UAE, recommended its shareholders consider the takeover of its smaller rival Noor...

Al-Nahedh: Remarkable Progress in Digital Transformation Strategy

Group CEO of Kuwait Finance House (KFH), Mazin Saad Al Nahedh said that KFH operates in different jurisdictions, including Kuwait, Turkey, Germany, Malaysia, Bahrain,...

Kuwait Finance House–Bahrain Honors “Fursan Baytik” Employees for Q1 of 2019

Kuwait Finance House–Bahrain has honored another batch of employees under the ‘Fursan Baytik’ Employee Recognition programme in recognition of their outstanding achievements and performance...