Middle East and North Africa

Middle East and North Africa

Saudi Arabia to Issue $3 Billion-$5 Billion in International Sukuk by...

Saudi Arabia will issue $3 billion to $5 billion in new international sukuk, or Islamic bonds, around the third quarter as part of plans...

Kuwait’s Al Mazaya Holding Inks $90m Islamic Finance Deals

Kuwait-based real estate developer Al Mazaya Holding has inked Islamic financing agreements worth $90.4m, a Dubai bourse filing reveals. Kuwait-headquartered real estate developer Al Mazaya...

Meethaq’s RO25mn Sukuk Issuance Opens for Subscription

Meethaq Islamic Banking, the Islamic banking arm of Bank Muscat, has launched its second sukuk programme. The second sukuk issuance will be for RO25mn...

Abu Dhabi’s Mubadala Finalising $2 Billion Revolving Loan

Abu Dhabi's Mubadala Investment Company is arranging a $2 billion revolving credit facility to refinance a $1.75 billion revolving loan it put in place...

Ahlibank Unveils New Identity of Its Islamic Banking Window

As part of its vision to become a leading provider of Islamic banking and finance services in Oman, Ahlibank has rebranded its Islamic banking...

UAE Emerges as Cryptos’ Capital with Quarter of Global Token Sales

CoinSchedule said that the UAE has just emerged as the world’s capital for sales of digital tokens, accounting for more than a fourth of...