Boubyan Bank Announces a Successful Offer for BLME Holdings Plc (BLME)
Boubyan Bank is pleased to announce that, as at 27 January 2020 (being the first closing date for acceptances of the offer), Boubyan Bank...
Turkey’s Islamic Banking Assets to ‘Double’ in Decade
Turkey’s Islamic banking assets are set to double within a decade as government initiatives drive growth in the sector, credit rating agency Moody’s announced...
KFH 2019 Net Profit Up 10.4pc to $824m
Kuwait Finance House (KFH), a leading financial institution in the region, has recorded a net profit of KD251 million ($824 million) for the year...
UAE Guiding Principles on Sustainable Finance Credit Positive for Banks
The United Arab Emirates (UAE, Aa2 stable) published its first set of guiding principles on sustainable finance during the second edition of the Abu...
Azizi Plans to Tap Global Debt Market
Azizi, the Dubai-based developer, has plans to tap global debt markets to fund its next round of expansion and other needs. This would be...
ADIB Eyes ‘Digital Branches’ to Woo Tech-Savvy Customers
Abu Dhabi Islamic Bank is working to transform its branch network to cater to increasingly digitally-savvy customers and broaden its customer base, according to...