Middle East and North Africa

Middle East and North Africa

DFM, DIFC Launch Dubai Sustainable Finance Working Group

The Dubai Financial Market (DFM) and the Dubai International Financial Centre (DIFC) launched on Wednesday the Dubai Sustainable Finance Working Group. The group aims to...

ADGM to Start Issuing Digital Banking Licences

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) is now issuing digital banking licences to local and global applicants to...

Middle East Blockchain Development Primed to Lead the Global Industry

While we often get to hear about how cryptocurrency adoption is rapidly gaining ground in the West, a number of countries across the Middle...

DP World to Issue at Least $700 Million in Bonds and...

Port operator DP World plans to raise at least $700 million through conventional and Islamic bond issues on Thursday, documents issued by banks involved...

KFH: Int’l Toll-Free Service in 7 Countries for Customers

Kuwait Finance House (KFH) offers “International Toll-Free Service” to its customers in 7 countries outside Kuwait (USA, UK, Canada, Spain and France, in addition...

Savola Group Company Issues SAR 1 Billion Sukuk

Savola Group, Saudi Arabia’s largest food products company, confirmed on Tuesday it had raised 1 billion riyals ($267 million) in sukuk, or Islamic bonds,...