Middle East and North Africa

Middle East and North Africa

Yahsat Eyes $735mln in Abu Dhabi IPO

Al Yah Satellite Communications Company on Friday announced that it has priced its initial public offering at Dh2.75 per share, putting it on track...

Ataa Educational Obtains $74.13mln from Riyad Bank

Ataa Educational Company has signed a Shariah-compliant agreement with Riyad Bank to obtain facilities worth SAR 278.25 million. The loan duration stands at 10 years...

SFD Partners with SIB to Launch New Payment Service

Sharjah Finance Department (SFD) partnered with Sharjah Islamic Bank (SIB) to launch an easy payment service of government transaction fees in the Emirate of...

Abu Dhabi Property Firm Pulls $350m Sukuk

A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in...

KFH: Raising Customers’ Awareness on the Risks of Investment in Virtual...

Executive Manager – Money Markets at Kuwait Finance House (KFH), Khalid AlRukhayes said that banks provide multiple investment channels for their customers including deposit...

Islamic Fintech Transforms Operational Models, Customer Experience

Islamic fintech has emerged as a promising segment that has not only overhauled traditional methods of offering financial services but also transformed business models,...