UAE’s NMC Health Prepares Dollar Sukuk
United Arab Emirates’ healthcare provider NMC Health plans to issue U.S. dollar-denominated sukuk, or Islamic bonds, a document issued by one of the banks...
Islamic Financing Package Supports Development of Wind Farm in Jordan
The International Finance Corporation (IFC) has set up a financing package to fund the construction of a wind farm in Jordan, it announced Tuesday....
News Brief: Kuwait Central Bank Studying Potential KFH-AUB Merger
Kuwait’s central bank is studying the “added value” that could arise from a potential merger between Kuwait Finance House and Bahrain’s Ahli United Bank,...
Middle East Privatisations Must Pick Up Pace According To Experts
The privatisation of government entities in the region needs to pick up pace to boost revenues and help in further diversifying economies, experts said...
Kuwait Finance House Expects Board to Decide on AUB Merger before...
The board of Kuwait Finance House will likely decide on whether to go ahead with a merger with Bahrain’s Ahli United Bank before the...
Hesitant Policies are Seen Holding Back Islamic Finance Growth in Egypt
The decision of Egypt’s newly appointed Finance Minister Mohamed Maait to issue the first-ever international sukuk in the country’s next fiscal year – at...