Middle East and North Africa

Middle East and North Africa

Tel Aviv Tests Cryptocurrency to Boost Its Economy

Years after the introduction of bitcoin and blockchain, the technology behind cryptocurrencies is gaining more traction among municipalities around the world interested in bypassing...

Global Executives Attend Islamic Finance Program in Jeddah

Representatives from financial and academic institutions around the world attended a four-day international executive program in Islamic finance in Jeddah. The program was jointly organized...

Fintech to Help Qatar Become Islamic Finance Hub: QFC

Fintech can enable Islamic finance to attract more customers, increase efficiency, reduce costs and offer a wider range of products, helping the sector become...

Goldman Sachs Brings Forward Claim Linked to Saudi Debt Saga

Goldman Sachs has bought forward a claim against Bahrain’s TIBC whose default 10 years ago triggered the biggest financial crisis in Saudi Arabia, reported...

Net Income of Al Baraka Banking Group Reaches $41mln in First...

Al Baraka Banking Group BSC (ABG), the leading Islamic banking group with its Headquarters in the Kingdom of Bahrain, achieved a net income of...

DIB Hires HSBC to Advise on Merger Talks with Noor Bank

Dubai Islamic Bank has hired HSBC Holdings to advise on its possible acquisition of Noor Bank, a tie-up which will create a lender with...