Middle East and North Africa

Middle East and North Africa

Dubai Islamic Bank Launches New #ReadyForTheNew Positioning

Dubai Islamic Bank (DIB), the largest Islamic Bank in the country, has unveiled its new positioning – #ReadyForTheNew, which is based on the financial...

Egypt to Get $1.1bln from ITFC to Fund Commodities Imports in...

Egypt will get funding of $1.1 billion from the International Islamic Trade Finance Corporation (ITFC) to finance imports of petroleum and staple products in...

QIB Launches Fully Integrated Postal Delivery PoS

Qatar Islamic Bank (QIB) has launched the first fully-integrated postal delivery Point of Sale (PoS), in partnership with Qatar Post and with QPay, the...

Takaful Oman to Offer OMR25mn Perpetual Sukuk Issue

The Capital Market Authority has approved the main prospectus of Mudharabah Sukuk of Takaful Oman Insurance for the offer of perpetual Sukuk worth OMR25...

Developer Secures New Funding to Help Finance Sharjah Mega Project Aljada

Developer Arada, which is building the AED24 billion Aljada real estate scheme in the heart of New Sharjah, has secured new funding from banks...

Eight Things to Watch on Tadawul Today

Here are a few things you need to know as Saudi stocks start trading on Monday. United Electronics Co. (eXtra) reported an estimated net profit...