Investors Make Robust Double-Digit Gain on QSE in an Unusual Year
An unusual year 2020, which faced the challenges related to Covid-19, witnessed that investors made a robust double-digit gain, especially in the transport, real...
CIRA gets Egypt FRA’s Approval for $38.14m Sukuk Issuance
The Egyptian Financial Regulatory Authority (FRA) gave the greenlight to EFG Hermes Sukuk Co to issue Ijara Sukuk for Cairo for Investment and Real...
World’s 1st Virtual Halal Fair Ends on High Note
The world’s first virtual halal fair, E-Halal Expo, ended on Wednesday after it was earlier extended by a week due to high demand.
The event...
Egypt Offers Incentives for Non-banking Financial Activities Aimed at Supporting Women
Egypt’s Financial Regulatory Authority’s (FRA) Board of Directors has, at its closing meeting for the year, revealed its agenda which includes decisions on four...
Etisalat Launches Blockchain Initiative to Beef Up HR Security and Efficiency
UAE based telco, Etisalat, has become the first operator in the region to roll out the use of cutting edge blockchain technology in its...
Saudi Sipchem’s Unit Pens $186.6Mln Murabaha Loan Deal
Sahara International Petrochemical Company (Sipchem) said that its 75%-owned subsidiary, International Polymers Company (IPC), signed a SAR 700 million Murabaha facility agreement with Riyad...