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Banking and Finance

Banking and Finance latest

Jordan Ahli Bank Completes Allocation of First Locally Issued Sustainability Bond, Showcases Economic, Social and Environmental Impact of Funded Projects
June 30th, 2026 - 07:44 GMT

Jordan Ahli Bank Completes Allocation of First Locally Issued Sustainability Bond, Showcases Economic, Social and Environmental Impact of Funded Projects

Jordan Ahli Bank has achieved a major milestone in its sustainability journey with the full allocation of Jordan’s first locally issued Sustainability Bond, reaffirming its commitment to advancing sustainable finance and supporting economic, social, and environmental development across the Kingdom. The USD 50 million bond was launched in 2024 in partnership with the International Finance Corporation (IFC), a member of the World Bank Group. Following the Shared Prosperity Framework, the Sustainability Bond financed 582 eligible projects across multiple industries in 10 governorates, delivering measurable economic, social and environmental benefits. The ...
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Ithmaar Holding Board Member, Abdulelah Ebrahim Al-Qassimi, rang the market-opening bell in the presence of His Excellency Essa Kazim, Chairman of DFM and senior representatives from both sides.
January 29th, 2018 - 08:32 GMT

Dubai Financial Market Welcomes the Listing of Bahrain’s Ithmaar Holding

The 27 year-old, who entered the race just days before, sprinted across the finish line followed by four more runners within eight seconds.
January 28th, 2018 - 12:04 GMT

Records Fall as Geremew, Dereje Win Standard Chartered Dubai Marathon

The figure puts profits in the fourth quarter of 2017 alone at Dh1.07 billion – up 7 per cent year-on-year compared to the Dh1 billion reported in the last quarter of 2016.
January 28th, 2018 - 11:41 GMT

ADCB Profits Rise 3 Percent to Dh4.28 Billion in 2017

Thara’a offers account holders the chance to benefit from cash rewards up to QR1,000,000, a first for Islamic banks in Qatar.
January 28th, 2018 - 11:24 GMT

Barwa Bank Announces Grand Prize Winner of Thara’a Savings Account

Ala’a Eraiqat, Member of the Board and Group Chief Executive Officer
January 28th, 2018 - 10:53 GMT

Abu Dhabi Commercial Bank Announces Financial Report 2017

Arab Bank Group on Saturday reported 8 percent growth in net operating income for 2017.
January 28th, 2018 - 08:58 GMT

Jordan’s Arab Bank Reports 8 Percent Growth in Net Income in 2017

Abu Dhabi Commercial Bank (ADCB) today announced the promotion of Siddiqa Abbas as Group Chief Operating Officer, succeeding Jerry Möllenkramer. Congratulations!
January 25th, 2018 - 09:30 GMT

Abu Dhabi Commercial Bank Announces New Appointments

Citigroup Saudi Arabia recently held its inaugural board meeting in Riyadh.
January 24th, 2018 - 09:59 GMT

Citigroup Announces Launch of Operations in Saudi Arabia

QNB’s sponsorship of the 15th edition of DJWE stresses its keenness to highlight the bank’s brand during this leading event of its kind in the region.
January 23rd, 2018 - 12:46 GMT

QNB to Be Main Sponsor of 15th Edition of DJWE

QIB also won two more awards “Best Deal of the Year in Qatar” and the “Structuring Deal of the Year”.
January 23rd, 2018 - 12:43 GMT

QIB Receives IFN Award for Best Islamic Bank in Qatar

The IDB recently organized a forum in Washington in partnership with the World Bank on this subject.
January 23rd, 2018 - 09:35 GMT

Islamic Development Bank, World Bank Eye $1.9 Trillion Islamic Finance Market

Khalid Al Kayed, CEO of Bank Nizwa
January 23rd, 2018 - 09:09 GMT

Bank Nizwa Highlights Shari’a-Compliant Wholesale Banking Products to Companies in Muscat

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