Middle East and North Africa

Middle East and North Africa

Digital Influence in Banking – New Report Finds it was in...

Digital influence in banking was already well underway prior to the COVID-19 outbreak, and a new report by Boston Consulting Group (BCG) sheds light...

Saudi Tadawul Delists Solidarity’s Shares after Merger with Aljazira Takaful

Shares of Solidarity Saudi Takaful Company were delisted from the Saudi Stock Exchange (Tadawul) on Monday, 1 March 2021, the Saudi bourse said in...

Masraf Al Rayan Gets Shareholder’s Nod to Raise Sukuk Size to...

The Ordinary General Assembly of Masraf Al Rayan has approved distribution cash dividend of QR0.170 per share, representing 17 percent of the paid-up capital...

KFH Bahrain Receives STP Award from JP Morgan

Kuwait Finance House - Bahrain (KFH-Bahrain) was awarded the J.P. Morgan “Quality Recognition Award” and “Elite Quality Recognition Award” 2020, for the bank’s exemplary...

Green Finance in the Middle East: A $2 Trillion Opportunity

Governments and businesses in the GCC are focusing on environmental sustainability, but so far the financial sector has not kept pace. Developing the right structure...

DeFi, Islamic Finance, and Crypto Culture in the UAE

Decentralized Finance (DeFi) has the cryptocurrency world experiencing a new buzz. Enthusiasts in wealthy countries such as the United Arab Emirates (UAE) are making...