Middle East and North Africa

Middle East and North Africa

Almosafer Grows Exponentially in Kuwait with Trusted Service Tailored to the...

Almosafer, the Middle East’s leading online travel brand, has significantly grown its footprint in Kuwait since entering the market in late 2018. The brand...

Islamic Finance Key to Funding Green Energy Projects

Islamic finance can play a significant role in financing solar and other alternative energy projects in the Middle East as countries put an emphasis...

GCC Looks to Sdd 7GW Renewables by Early 2020

The GCC region is expected to witness drastic rise in renewable energy deployment. Nearly 7GW of new renewable power generation capacity is expected to...

Reducing Par Value of Sukuk Increases Investment in Govt Debt Instruments

In line with the Debt Management Office efforts in developing domestic sukuk market and diversifying its investors base, Tadawul has started to apply the...

Saudi Arabia Sells 5.2bn Riyals in Sukuk Monthly Issuance

Saudi Arabia sold 5.2 billion riyals ($1.4 billion) in sukuk, or Islamic bonds, in its local monthly issue for July, the Finance Ministry said...

The DFSA Joins Network for Greening the Financial System

The Dubai Financial Services Authority (DFSA) announced today that it is now a member of the Central Banks and Supervisors Network for Greening the...