Fitch Affirms Kuwait Finance House at ‘A+’; Outlook Stable
Fitch Ratings has affirmed Kuwait Finance House's (KFH) Long-Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. Fitch has also affirmed the...
First Abu Dhabi Bank Plans to Issue Perpetual Bonds as Soon...
First Abu Dhabi Bank (FAB) plans to issue Additional Tier 1 (AT1) bonds as soon as September, two sources familiar with the matter said.
One...
Egypt Signs $2bn Conventional, Islamic Facility to Finance Budget Deficit
Egypt’s Ministry of Finance has signed the first conventional and Islamic financing facility, worth $2bn, to finance state’s budget deficit and support local economy....
Dubai’s Salama Sold 4.5mln Shares for $17mln in One Week
Dubai-listed Islamic Arab Insurance Company, also known as Salama, has sold 4.5 million of its shares in one week.
The shares were sold for 14.19...
Millennium Launches International Ops in Dubai
Millennium Information Solution, a top core banking solutions provider for the $2.5 trillion global Islamic finance sector, has recently launched its international operations at...
Abu Dhabi’s Waha Capital Launches Islamic Fund amid Growing Investor Demand
The open-ended Waha Islamic Income Fund will invest in assets in sukuk and equity markets around the world, the company said yesterday.
“While our existing...