Middle East and North Africa

Middle East and North Africa

Abu Dhabi’s ESIC Acquires Two Mixed-Use Properties for $272m

Abu Dhabi-based Emirates Strategic Investments Company (ESIC) has acquired two income-generating, mixed-use properties in the UAE for $272m, as part of a series of...

KFH teams up with Paladion for PCI – DSS 3.2.1 Certificate...

Kuwait Finance House (KFH), the world-leading Islamic financial institution, has successfully complied to payment card industry data security standard PCI DSS 3.2.1 after teaming...

Bahrain’s Ahli United Bank reports 5% profit increase for 2019

Bahrain’s Ahli United Bank (AUB), which is merging with Kuwait Finance House, reported a 5 per cent increase in its full-year net profit on...

Kuwait’s Boubyan Bank Starts Marketing 5-yr Dollar Sukuk

Kuwait’s Boubyan Bank has started marketing five-year U.S. dollar-denominated sukuk, or Islamic bonds, at around 150 basis points (bps) over mid-swaps, a document showed. HSBC...

Kuwait Capital Markets Authority Lists First ‘Reit Fund’ on Bourse

Kuwait’s Capital Markets Authority (CMA) approved a request to list ‘KFH Capital Reit Fund’ on Kuwait bourse, as the first real estate yield-generating fund. The...

KFH Strategic Sponsor of Kuwait Tech International Expo 2020

As part of its keenness to provide the latest innovative financial solutions and keep pace with the digital transformation, Kuwait Finance House(KFH) has participated...