Middle East and North Africa

Middle East and North Africa

AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve...

Saudi Arabia Raises More than SR15bn in Bond Sale

Saudi Arabia has sold more than SR15 billion in Islamic bonds, as the Kingdom seeks to develop its local debt market. The Kingdom’s Finance Ministry...

Islamic Finance Bodies to Assess Coronavirus Damage on Industry

As the coronavirus keeps spreading globally and leaves a swath of economic disruption on its way, several Islamic finance umbrella organizations have started assessing...

ITFC is Largest Islamic Finance Bookrunner and Mandated Lead Arranger –...

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, ranked 2nd globally and as well in Europe, Middle...

KFH-Bahrain Defers Payment of Installments Without Charges for Six Months

Kuwait Finance House – Bahrain, a leading Islamic bank and major contributor to the development of Bahrain’s Islamic financial services sector, has announced postponing...

ADIB Contributes AED 25 million to the “Together We Are Good”...

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced contributing AED 25 million to Ma’an’s ‘Together We Are Good’ programme, designed to...