Middle East and North Africa

Middle East and North Africa

Sharjah Islamic Bank Records AED 415.4 Million Net Profit in Q3

Sharjah Islamic Bank (SIB) has recorded AED 415.4 million net profit in Q3 2019, a 4.5 per cent increase compared to AED 397.7 million...

Sharjah Lists $750 Million Sukuk on Nasdaq Dubai

Nasdaq Dubai on Wednesday welcomed the listing of a $750 million Sukuk issued by the Emirate of Sharjah. It is the second Sukuk listing...

Alizz Islamic Bank to Organise Supply Chain Conference

The inaugural edition of Oman Economic Review (OER) Supply Chain Conference, presented by Alizz Islamic Bank, will be held on October 23 at the...

Green Bonds, Project Finance on Focus as Dubai Drives Middle East’s...

Dubai is slowly and steadily pursuing its ambition to strengthen its position to be a hub for sustainable investments worldwide. At the 2019 World...

KFH Reports KD 190.5mn Net Profits for 9 Months

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profits of KD 190.5...

UAE’s Majid Al Futtaim Hires Banks for Dollar “Green” Sukuk

Majid Al Futtaim, a UAE-based developer and shopping mall operator, has hired banks to arrange a potential issue of U.S. dollar-denominated “green” sukuk, or...