Middle East and North Africa

Middle East and North Africa

Saudi’s Riyad Bank to Redeem SAR 4 Billion Sukuk

Riyad Bank has announced its intention to redeem its SAR 4 billion Sukuk due in 2020, at their face value. In a bourse filing,...

Almarai Expects to Issue a New Sukuk by Year-End, CFO Says

Almarai, the Arabian Gulf’s biggest dairy company, expects to issue a new sukuk before the end of 2018 as part of an ongoing debt...

Oman Could Announce US dollar Sukuk Sale This Week

The government of Oman could announce a plan to issue new US dollar-denominted sukuk, or Islamic bonds, as early as Monday, sources familiar with...

Kuwait, Saudi Arabia and UAE Pledge $10B for Bahrain

Bahrain said Thursday that Kuwait, Saudi Arabia and the United Arab Emirates pledged $10 billion to support the island kingdom, helping it avoid defaulting...

KFH Participates In SWIFT Middle East Regional Conference

Kuwait Finance House (KFH) participated in the SWIFT Middle East Regional Conference organized by SWIFT Global Company which is specialized in financial transfers through...

KFH And Other Regional Financial Institutions To Sponsor Arabnet Kuwait 2018

Under the patronage of H.E. Khaled Nasser Abdullah Al Roudan, Kuwait's Minister of Commerce and Industry, Arabnet Kuwait 2018 is expected to bring together...