Middle East and North Africa

Middle East and North Africa

National Bank of Fujairah to Finance Stanford Marine Group

Stanford Marine Group (SMG), one of the leading offshore services companies in the Middle East, has made significant progress in its revitalised growth plans...

Bank ABC and FAB Prepare a $250 Million 2-year Syndicated Term...

Bank ABC (Arab Banking Corporation (B.S.C.)) and First Abu Dhabi Bank PJSC (“FAB”), acted as Joint Coordinators, Underwriters, Initial Mandated Lead Arrangers and Bookrunners...

Saudi Fintech Assigns SRB to Supervise Shari’a Compliance

Forus, a Saudi based financial technology platform for financial services, has assigned Shariyah Review Bureau to supervise its Shari’a compliance affairs related to its...

QIB Launches New and Improved Banking App in Qatar

The leading digital bank in Qatar, has revealed the launch of an all-new version of its award-winning Mobile App. Creating a simplified and more...

Bank Nizwa Initiates Campaign for Buyout with 5 Percent Profit Rate

Bank Nizwa has initiated the campaign for buyout that will allow clients to transfer the current finances or loans from the Banks or institutions...

Al Maali and IsDBI Report Spotlights the Relationship Between Fintech and...

Technological advances combined with big data, artificial intelligence, and distributed ledger technologies are opening new avenues for Islamic finance to achieve its objectives of...