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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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Kuwaiti students educated on the group’s brands, departments and subsidiaries during 2nd year Internship Program.
January 17th, 2018 - 07:47 GMT

Al-Babtain Group Continues to Impart Wealth of Knowledge to 2018 Interns in Partnership With Injaz Kuwait

The exchange will open channels of constructive dialogue with various stakeholders to identify the common principals, standards and business rules.
January 16th, 2018 - 01:07 GMT

Abu Dhabi Securities Exchange Enters Blockchain Deal With SWIFT

The operating performance was also supported by higher non-interest income, lower expenses and an improved cost of risk.
January 16th, 2018 - 09:06 GMT

Emirates NBD Posts Record Net Profit of Dh8.35 Billion for 2017

During the award ceremony held on the 13th of December 2017, Mr. Mohammed Redha Al Aali received an award for Distinguished Manager and Mr. Mohammed Mutaleb Taqi for Diligent Employee.
January 15th, 2018 - 12:59 GMT

Two CrediMax Employees Win the Diligent Employee and Distinguished Manager Award

Visa is the official payment partner of the FIFA World Cup.
January 15th, 2018 - 12:21 GMT

QIB Partners With Visa for 2018 FIFA World Cup Prizes

The Capital Markets Authority (CMA) board issued its resolution to adopt the updated instructions on Book Building and Allocation of Shares in IPOs. (AFP)
January 15th, 2018 - 11:56 GMT

CMA Adopts Updated Instructions on Book Building and Allocation of Shares in IPOs

As part of the Ministry’s Advanced National Talent Development Program, the MoU was signed to promote the development of Saudi youth’s skills in the financial sector.
January 15th, 2018 - 11:41 GMT

Minister of Finance Signs MoU to Boost Financial Skills Among Saudi Youth

It also came second globally in the in the fifth edition of the Islamic Finance Development Report and Indicator.
January 15th, 2018 - 11:27 GMT

Bahrain Tops Regional Islamic Finance Table

Mashreq’s presence in Bahrain started in 1981, in line with the strong relationship and cooperation between the GCC countries.
January 15th, 2018 - 10:44 GMT

Mashreq Bank Celebrates Celebrates 50 Year Anniversary in Bahrain

The event marked the end of the 2017 Al Kanz scheme and the launch of the 2018 edition.
January 15th, 2018 - 05:35 GMT

NBO Celebrates Winners of the OMR 500,000 Al Kanz Mega Draw

Saudi British Bank (SABB), the leading trade bank in the kingdom.
January 14th, 2018 - 01:10 GMT

Saudi Bank SABB Names New Board Member

Banks across the GCC are expected to see stabilization of the financial profiles and performance after two years of significant pressure, according to S&P Global Ratings. (Shutterstock)
January 14th, 2018 - 12:24 GMT

GCC Banks to Stabilize in 2018: Report

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