Kuwait Finance House Amends Timeline of AUB’s Acquisition Deal
Kuwait Finance House (KFH) has amended the timeline applicable to its acquisition offer of Bahrain’s Ahli United Bank’s (AUB) total issued share capital in...
Kuwait’s Equate Petrochemical to Issue First Gulf Dollar Bonds in Over...
Kuwait’s Equate Petrochemical Co plans to issue 10- and 30-year U.S. dollar-denominated bonds and five-year sukuk, according to an investors’ note seen by Reuters,...
Coronavirus: Dubai Banks Roll Out Measures to Support Customers
Banks in Dubai will offer their customers and clients loan repayment holidays and reduced charges to help soften the impact of the coronavirus outbreak...
Sharjah Government Lists $200 Million Sukuk on Nasdaq Dubai
According to S&P Global, Global Sukuk issuance increased to $162 billion in 2019, 26 per cent increase from $129 billion in 2018.
In October 2019,...
Abu Dhabi Islamic Bank Announces Measures to Mitigate Impact of Covid-19...
Abu Dhabi Islamic Bank (ADIB) on Saturday announced new measures to reduce the financial burden for individual and corporate customers in response to COVID-19.
For...
ITFC Provides Finance Worth Over US$2bn in 2019
The International Islamic Trade Finance Corporation (ITFC) - a member of the Islamic Development Bank (IsDB) Group - ranked both globally and regionally (Europe,...