Middle East and North Africa

Middle East and North Africa

Kuwait Finance House Inaugurates Revamped Hateen and Airport Branches

Kuwait Finance House 'KFH' inaugurated its two fully revamped branches in Kuwait International Airport and Hateen after fitting them with technological equipment and advanced...

Saudi Arabia is the Second Largest Sukuk Issuer Globally

The popularity of Saudi Arabia sukuk is relatively new compared to Malaysia and UAE. Sukuk issuance in Saudi market started with infrequent issuances in...

Saudi Arabia’s Acwa Power Set to Raise $1 Billion in Sukuk...

Saudi Arabia’s Acwa Power International, half-owned by the kingdom’s sovereign wealth fund, is planning to raise about $1 billion by selling Islamic bonds early...

Bank Nizwa Inks Deal to Fund Oman Sanitation Project

Oman-based Bank Nizwa said it has inked RO20 million ($51 million) financing agreement with Oman National Engineering and Investment Company (ONEIC) for the setting...

IFA Lowers Share in First Takaful Insurance to Settle Debts

International Financial Advisors (IFA), listed on the Dubai Financial Market (DFM) and Boursa Kuwait, has decreased its share in its subsidiary, the First Takaful...

KFH Introduces Digital Account Opening Solution – Baitek

Kuwait Finance House (KFH) introduced Baitek, a digital account opening solution designed and developed by key technology partner, Aion Digital. The E-KYC and digital...