Middle East and North Africa

Middle East and North Africa

Amlak Finance Posts 9-Month Revenue at $68m

Amlak Finance, a leading Islamic real estate financier in the Middle East, has posted revenues of AED250 million ($68 million) for the first nine...

Saudi Index Sees Biggest Daily Rise in over 6 Months

Most stock markets in the Middle East ended higher on Monday, mirroring a buoyant day in oil prices and global stocks, with the Saudi...

Alinma Bank Signs Acquiring Agreement with JCB International for Local Acceptance...

Alinma Bank has partnered with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand, to...

Qatar Businessmen Keen on Islamic Finance in PH

Qatari businessmen are pushing for the planned cooperation on Islamic banking with the Philippines as they looked into collaboration in fintech, agroindustrial ventures, furniture...

Al Rajhi No Longer Pursuing Merger with MIDF

Al Rajhi Bank is no longer pursuing the merger plan between its wholly owned subsidiary, Al Rajhi Banking and Investment Corp (M) Bhd (Al Rajhi...

Global Finance Recognises QIB’s Crisis Leadership

Qatar Islamic Bank (QIB) has been recognised as one of the world’s top financial and business institutions to weather the Covid-19 implications on customers,...