Middle East and North Africa

Middle East and North Africa

Saudi Arabia’s BinDawood Plans to List on Tadawul

Saudi-based retailer, BinDawood Group, has asked banks to pitch for roles in a potential initial public offering (IPO) of its supermarket business, in a...

Kuwait CMA Grants KFH Subscription Agent License

Kuwait Finance House (KFH) has received the approval of Kuwait’s Capital Market Authority (CMA) for a subscription agent license. The license will be valid for...

Saudi Banks’ Financing of SMEs Triples

Saudi banks revealed that the volume of bank financing for small and medium enterprises tripled to exceed 6.2 percent, reaching 133 billion riyals (USD35.4...

QSE Snaps 4-Day Winning Streak on Local Retail Selling Pressure

Increased selling pressure from local retail investors on Thursday drove the Qatar Stock Exchange down about five points, after four consecutive days of gains. Gulf...

Emirates NBD Plans to Launch Voice Banking

Emirates NBD is set to launch Voice Banking through Amazon Alexa, a service that will allow the bank’s customers in the UAE to get...

The Oman Banks Association organises IIFM Awareness Seminar

The Oman Banks Association (OBA), co-hosted the International Islamic Financial Market (IIFM) awareness seminar along with the Central Bank of Oman (CBO) on Wednesday. The...