Middle East and North Africa

Middle East and North Africa

KFH Pays $65 Million in Debts to Thousands of Debtors

As part of a strategic initiative in collaboration with the Ministry of Justice, Kuwait Finance House (KFH) is covering over $65mn in debts to...

UAE Gov’t Agency KIKLABB Now Accepts Digital Currency Payments

The United Arab Emirates government has taken a step towards digital currency payments, with one of its entities becoming the first to accept digital...

UAE’s Tabreed Likely to Issue More Bonds in Coming Years, Says...

Dubai-based National Central Cooling Company (Tabreed) could issue more bonds as it looks to fund acquisitions, including the purchase of district cooling units sold...

Kamco Invest Launches Digital Subscription Service

Kuwaiti asset manager Kamco Invest announced the launch of iktatib.com, a new web-based subscription platform conveniently connecting investors with the latest equity offerings and...

Saudi SMEs Poised for New Islamic Financing Options as Fintech Start-up...

Saudi fintech and peer-to-peer (P2P) lending platform Raqamyah has secured a US$2.3 million investment round that is expected to support its Islamic financing offerings...

Al Hokair Group Reschedules Islamic Banking Facilities Worth $24mln with Saudi...

Abdul Mohsen Al Hokair Group Company for Tourism and Development has signed an agreement with Saudi British Bank to reschedule Islamic financing facilities worth...