Middle East and North Africa

Middle East and North Africa

Morocco’s Finance Hub Issues 335 mln Dirhams Green Bond

Morocco’s finance and business hub Casablanca Finance City (CFC) said on Monday it had raised 335 million dirhams ($ 35.8 mln) via a green...

Egypt Likely to Issue $1bln Sukuk – Moody’s

Moody's Investors Service (Moody's) said that Egypt is likely to issue sukuk worth $1 billion within the next 18 months. The North African nation is...

Saudi Electricity Sets Price Guidance for Sukuk

State-controlled Saudi Electricity Co has set the final price guidance for a planned sale of dual-tenor US dollar-denominated sukuk, or Islamic bonds, according to...

Islamic Development Bank Issues $1.3 Billion Sukuk

The Jeddah-based Islamic Development Bank (IsDB) has raised $1.3 billion in senior, unsecured sukuk, according to a bank document seen by Reuters. IsDB, a triple-A...

Tougher Rules Needed on Cryptocurrency Trading, Abu Dhabi Regulator Says

Tighter international regulations is needed for cryptocurrency trading to mitigate financial crime, said the head of the Financial Services Regulatory Authority of the Abu...

QIB Wins Two Awards at 7th New Age Banking Summit

Qatar Islamic Bank (QIB) has won two awards from the ‘New Age Banking & Finance Awards 2018’ as part of the seventh edition of...