Middle East and North Africa

Middle East and North Africa

Islamic Financing in Egypt to Reach $12Bln by 2018-End – EIFA

Islamic financing in Egypt is expected to grow to EGP 230 billion ($12.85 billion) by the end of 2018, the head of the Egyptian...

Abu Dhabi’s Aldar Properties Hires Banks for US$750m Sukuk Refinancing

Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, has hired banks to arrange a US dollar-denominated sukuk issue of at least...

BTI Bank Opts for Path Solutions’ iMAL Islamic Core Banking System

Bank Al-Tamweel Wa Al-Inma (BTI Bank) has signed for Path Solutions’ iMAL Islamic core banking platform for its retail, commercial and corporate banking operations,...

IRTI, Dar Al Sharia sign MOU to develop solutions for Islamic...

A memorandum of understanding was signed on Thursday between the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group and...

KFH.com/Cars Platform to All KFH Auto Services and Offers

Kuwait Finance House (KFH) uniquely offers an electronic platform that represents a destination for browsing through a wide range of vehicles, KFH auto financing...

UNB Shares Climb for a Second Day on Abu Dhabi Bank...

Shares of Union National Bank, one of three lenders in the potential big-ticket banking merger in the emirate, rose for the second day after...