Middle East and North Africa

Middle East and North Africa

Kuwait’s Stock Market Remains Chaotic Over Dividends

The timing wasn’t ideal. While Kuwait’s central bank governor was in a forum Wednesday with lawmakers and executives discussing plans to boost the economy,...

Bank Muscat Completes $150m Loan Facility from China

Bank Muscat has completed an unsecured bilateral $150 million loan facility, which has a five year tenor, with the China Development Bank. According to a...

Banking Equities Help Qatar Bourse Cross 9,200 Level

The Qatar Stock Exchange on Thursday gained more than 47 points to once again cross the 9,200 level, mainly lifted by the banking equities. Foreign...

Kuwait Banks Yet to Decide on Distribution of Cash Dividends for...

Banks in Kuwait are yet to take a decision on the distribution of cash dividends this year as the global economy copes with the...

Al Salam Bank Sponsors the BIBF Islamic Finance Handbook

Al Salam Bank-Bahrain announced the sponsorship of the Islamic Finance Handbook for practitioners, produced locally by the Bahrain Institute of Banking and Finance (BIBF),...

Nasdaq Dubai Welcomes Listing of $200m Sukuk by GFH Group

Nasdaq Dubai, the region’s international financial exchange, welcomed the listing of $200 million Sukuk issued by GFH Financial Group (GFH). GFH said the proceeds of...