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Banking and Finance

Banking and Finance latest

New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in Islamic Development Bank (IsDB) Member Countries
September 11th, 2025 - 04:42 GMT

New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in Islamic Development Bank (IsDB) Member Countries

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and the IsDB Global Practice & Partnership (GPP) Directorate, through its Cooperation and Capacity Development Department (CCD), have officially launched a five-volume series of Islamic Microfinance Toolkits, aimed at strengthening inclusive financial ecosystems across IsDB Member Countries. The toolkits offer a comprehensive and practical roadmap for establishing, operating, monitoring, and regulating Islamic microfinance institutions. Developed through extensive research, field experience, inter-departmental collaboration, and stakeholder consultations, the revamped toolkits aim to assist policymakers, regulators, and practitioners in unlocking the full potential of Islamic microfinance ...
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Gulf capital sells 100% of chef middle east to Nasdaq-listed ‘the chefs’ warehouse’ (Nasdaq: Chef) For c. $100 million in an exit that generates 2.5X returns
November 2nd, 2022 - 08:09 GMT

Gulf capital sells 100% of chef middle east to Nasdaq-listed ‘the chefs’ warehouse’ (Nasdaq: Chef) For c. $100 million in an exit that generates 2.5X returns

Burgan Bank Launches Double Your Rewards with limited edition Visa Platinum Credit Card
November 2nd, 2022 - 07:24 GMT

Burgan Bank Launches Double Your Rewards with limited edition Visa Platinum Credit Card

NBB reports a 11% increase in net profit attributable to the owners of the bank for the nine months ended 30 September 2022
November 2nd, 2022 - 05:45 GMT

NBB reports a 11% increase in net profit attributable to the owners of the bank for the nine months ended 30 September 2022

Mashreq comes on board to support COP27 following signing of MoU with Egypt’s COP Presidency
November 1st, 2022 - 09:30 GMT

Mashreq comes on board to support COP27 following signing of MoU with Egypt’s COP Presidency

Bank of Jordan Inaugurates its First Branch in Iraq
November 1st, 2022 - 08:38 GMT

Bank of Jordan Inaugurates its First Branch in Iraq

Abu Dhabi Islamic Bank enables cross-border instant INR currency transfers from the UAE using SWIFT gpi Instant
November 1st, 2022 - 08:22 GMT

Abu Dhabi Islamic Bank enables cross-border instant INR currency transfers from the UAE using SWIFT gpi Instant

LIBF MENA releases whitepaper on how satellites, artificial intelligence and machine learning can help firms measure their ESG exposures
November 1st, 2022 - 07:51 GMT

LIBF MENA releases whitepaper on how satellites, artificial intelligence and machine learning can help firms measure their ESG exposures

IMF Regional Economic Outlook Forecasts 2022 Real GDP Growth for the Region at 5%, up from 4.1% in 2021
October 31st, 2022 - 09:35 GMT

IMF Regional Economic Outlook Forecasts 2022 Real GDP Growth for the Region at 5%, up from 4.1% in 2021

GIB Takes Part in PIF’s Voluntary Carbon Markets Auction and Signs to Support the Kingdom’s Decarbonisation Goals
October 31st, 2022 - 09:12 GMT

GIB Takes Part in PIF’s Voluntary Carbon Markets Auction and Signs to Support the Kingdom’s Decarbonisation Goals

Burgan Bank Renews its Sponsorship of the Kuwait Equestrian Federation Tour for the Second Consecutive Year
October 31st, 2022 - 08:18 GMT

Burgan Bank Renews its Sponsorship of the Kuwait Equestrian Federation Tour for the Second Consecutive Year

Boursa Kuwait records 29.2% increase in its net profit for the period ended 30 September 2022
October 31st, 2022 - 07:35 GMT

Boursa Kuwait records 29.2% increase in its net profit for the period ended 30 September 2022

NBB Transitions to Eco-Friendly Cards Issued by SINNAD
October 31st, 2022 - 06:41 GMT

NBB Transitions to Eco-Friendly Cards Issued by SINNAD

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