AIH to Split into 2 Separate Holding Companies by Q1 2022
Arabia Investments Holding (AIH) is planning to split into two separate holding companies that will be listed on the Egyptian Exchange (EGX), a source...
Kuwait Finance House KSCP: KFH Supports “Be Aware” Campaign
Acting Group CEO of Kuwait Finance House (KFH), Abdulwahab Al-Roshood said that KFH is keen on supporting the 'Be aware' campaign launched by Central...
Qatar Banks Headed for More Mergers
Qatar's overbanked system could see more consolidation triggered by pressure on banks' profitability from the coronavirus pandemic according to Fitch Ratings.
The rating agency said...
Kuwait Finance House Fourth Quarter Net Profit Dalls 22% as Covid-19...
Kuwait Finance House on Thursday reported a 22% drop in fourth-quarter net profit and a 40.9% drop in 2020 net profit, blaming the annual...
Tunisia to Issue First $111mln Sukuk with Bonds Up to $3bln...
Tunisia plans to issue its first Sukuk by July 2021. According to Finance Minister Ali Kooli, this Islamic financing facility will make it possible...
Kuwait Transfers Assets to Wealth Fund to Unlock Cash
Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash to plug its budget...