Middle East and North Africa

Middle East and North Africa

Kuwait International Bank May Sell $2 Bln in Sukuk

The Kuwait International Bank is considering the possibility of selling $2 billion in sukuk in order to improve liquidity, the Al Rai newspaper cited...

The Qatar Financial Centre Expands Platform to More FinTech Providers

The Qatar Financial Centre (QFC) has expanded the number of FinTech activities to be licensed and conducted by companies listed on the QFC platform,...

On Bahrain’s Wish List: Becoming a Fintech Incubator

Singapore is the startup hub for not just the Southeast Asian region but all of Asia, undoubtedly. With its technological sophistication and standardised regulation,...

Warba Bank’s Sukuk Receives Overwhelming Demand from Investors

Warba Bank announced that it has priced USD 500.0 million senior unsecured sukuk, structured on the Sharia concept of Wakala, from its USD 2.0...

Saudi Arabia’s Freddie Mac Plans Sukuk to Raise $267m

Saudi Arabia is making moves to increase home construction and lending as it seeks to overcome one of the world’s lowest mortgage penetration rates. Saudi...

KFH-Turkey… Robust Financial Position, Very High Liquidity Ratios

Group Chief Executive Officer at Kuwait Finance House(KFH), Mazin Saad Al-Nahedh, emphasized that KFH-Turkey enjoys robust financial position and very strong liquidity ratios as...