Middle East and North Africa

Middle East and North Africa

Bahrain Raises $500 Million Through Private Bond

According to Bloomberg, Bahrain has raised $500 million from a private bond with five GCC banks for much-needed relief as it negotiates crucial financial support. The...

Kuwait Finance House And Diyar Al Muharraq Sign MOU

Kuwait Finance House (KFH) has announced that it has signed a Memo of Understanding with Diyar Al Muharraq in Bahrain. KFH will provide financing...

UAE Project Pipeline ‘Boon for Islamic Banking Sector’

The UAE banking sector is set to benefit from the emirates’ project pipeline of construction and infrastructure-related initiatives which forms a key component of...

Islamic GCC Bond Sales Fall by 32 Percent Due to Oil...

The sale of Islamic bonds in the Gulf fell in the first half of 2018 as increasing oil prices lessened the region’s need to...

Group Seeks Traction for Blockchain in Gulf by 2019

A non-profit organisation founded in Doha with teams in other neighbouring Gulf countries is raising awareness on the benefits of blockchain with the aim...

QDB Fetes Partner Banks for SME Support

Qatar Development Bank (QDB) honoured four banks yesterday during the ‘Best Partner Bank’ award ceremony for supporting small and medium-sized enterprises (SMEs) through QDB’s...