Banque Saudi Fransi Plans Issuing SAR-Denominated Additional Tier 1 Sukuk
Banque Saudi Fransi (BSF) on Sunday said it plans to issue SAR-denominated Additional Tier 1 Sukuk to strengthen its capital base in accordance with...
Abu Dhabi Islamic Bank Launches UAE’s First Virtual Banking Sales Platform
Abu Dhabi Islamic Bank launched a sales platform that allows customers to communicate remotely with the bank and apply for personal finance products, covered...
GCC Banks to Remain Resilient despite Economic Challenges
The GCC’s banking system has been resilient despite the economic impact of COVID-19 and low oil prices for a prolonged period, according to analysts...
Emirates Islamic Partners with Mastercard to Enhance Corporate Banking Offerings
Emirates Islamic, a leading Islamic financial institution in the UAE, has entered into a long term strategic partnership with Mastercard offering credit cards to...
Between Acquisition and Expansion Journey of Gulf Banks in Egypt
Many Gulf banks are adopting an expansionary policy in Egypt due to the durability of the banking sector and the good profit margin.
The prospective...
Dana Gas Gets $90m Facility from Mashreq to Pay Off Its...
United Arab Emirates privately owned energy firm Dana Gas has raised a $90 million corporate lending facility allowing it to redeem $309 million in...