Middle East and North Africa

Middle East and North Africa

Al-Nahedh Discussed Agility of Banks in 4th Industrial Revolution

Kuwait Finance House (KFH) participated in the IIF Islamic Finance G20 conference, held in Riyadh on February 21, as part of the G20 summit...

Saudi Real Estate Co inks 100 Mln Riyals Islamic financing with...

Saudi Real Estate Co. has secured 100 million riyals ($26.67 million) in Islamic financing with Saudi British Bank, the company said in a stock...

AAFAQ Islamic Finance Now Powered by Infosys Finacle Digital Banking Suite

Aafaq Islamic Finance and Infosys Finacle announced the go-live of the Finacle Core, Islamic Banking and Payments solutions to power its operations. The transformation journey,...

$26Mln Islamic financing for Oman Copper-Gold Project

The Omani-Australian partnership Al Hadeetha Resources LLC has secured funding to the tune of RO 10 million from Alizz Islamic Bank, which will support...

Bahrain’s GFH Acquires Majority Stake in Fintech Firm Marshal

Bahrain’s GFH Financial Group has acquired a 70 percent stake in fintech firm, Marshal, through its investment banking arm, GFH Capital. Dubai-headquartered Marshal is an...

Islamic Development Bank Trims Price Guidance for Five-Year Sukuk

Saudi Arabia-based Islamic Development Bank has revised the price guidance for its five-year dollar sukuk issue to 40-43 basis points (bps) over mid-swaps, a...