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Banking and Finance

Banking and Finance latest

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions
November 14th, 2025 - 03:55 GMT

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, continues to make significant progress in its partnership with the Union of Comoros, delivering impactful trade finance solutions to bolster the country’s energy security, food supply, and economic diversification. With no domestic oil production and modest agricultural output, Comoros depends heavily on imports to power its economy and sustain its population of approximately 850,000. Since 2008, ITFC has emerged as a critical partner, approving over US$799.3 million in trade finance to support the ...
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Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
February 9th, 2023 - 07:14 GMT

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Al Salam Bank Announces Financial Results for 2022
February 9th, 2023 - 06:59 GMT

Al Salam Bank Announces Financial Results for 2022

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem
February 9th, 2023 - 07:33 GMT

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem

KPMG launches Centre of Excellence for Metaverse
February 9th, 2023 - 07:25 GMT

KPMG launches Centre of Excellence for Metaverse

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk
February 9th, 2023 - 07:06 GMT

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022
February 8th, 2023 - 12:48 GMT

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022
February 7th, 2023 - 02:40 GMT

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress
February 7th, 2023 - 02:05 GMT

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech
February 7th, 2023 - 11:17 GMT

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech

UAB joins e&enterprise fintech blockchain platform UAE Trade Connect
February 7th, 2023 - 10:19 GMT

UAB joins e&enterprise fintech blockchain platform UAE Trade Connect

ECB raises rates
February 2nd, 2023 - 08:47 GMT

European Central Bank hikes 3 key interest rates

A$5 banknote
February 2nd, 2023 - 08:37 GMT

Australia to remove UK monarch from banknote

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