Emirates Global Aluminium Closes $6.5bn Corporate Debt Deal
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced the successful completion of a $6.5-billion term...
Dubai Islamic Net Profit for 2018 Hits $1.36bn
Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, has posted...
QNB’s Outlook for Long-Term FCR and FSR Raised to Stable
Capital Intelligence Ratings (CI Ratings), the international credit rating agency, yesterday announced that it has affirmed Qatar National Bank’s (QNB) Financial Strength Rating (FSR)...
B Rating Affirmed for Noor Takaful with a Stable Outlook
AM Best has affirmed its B financial strength rating of Noor Takaful with a stable outlook.
In a statement, the rating agency stated that Noor...
Islamic Trade Finance Gets Crucial Industry Standard
The Bankers Association for Finance and Trade (Baft) and International Islamic Financial Market (IIFM) have released a global industry standard document for buying and...
Moody’s Affirms Ratings of ADCB, UNB and Al Hilal Bank Amid...
Moody's Investors Service has affirmed the local and foreign currency long-term and short-term ratings of Abu Dhabi Commercial Bank, Union National Bank and Al...