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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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The banking sector in the GCC region is expected to deliver a stable performance in 2018, particularly in the UAE and Saudi Arabia, according to Moody’s. (AFP)
December 24th, 2017 - 06:00 GMT

Stable Outlook for GCC's Banking Sector in 2018: Moody's

2020 will be a pivotal year in AI-related employment dynamics, according to Gartner, as artificial intelligence will become a positive job motivator. (File photo)
December 21st, 2017 - 07:46 GMT

By 2020, Artificial Intelligence Will Create More Jobs Than It Eliminates: Report

Shares of ADNOC Distribution which has a (ADNOCDIST) symbol have been added to the ADX general index (ADI) and Energy sub-index (ADEG).
December 21st, 2017 - 06:48 GMT

Abu Dhabi Securities Adds ADNOC Distribution to Its Exchange Indices

The two parties signed the agreement at LIBF’s headquarters in London.
December 20th, 2017 - 12:35 GMT

Emirates Institute for Banking Studies, London Institute of Banking to Cooperate on Banking Diploma

The panel discussed the opportunities and challenges of the rapidly growing $3 trillion global Islamic finance industry.
December 20th, 2017 - 11:27 GMT

Bank Nizwa Sponsors 8th International Conference on Islamic Banking and Finance

National Bank of Kuwait (NBK) is to hire hundreds of staff and open new branches in Saudi Arabia and Egypt. (Courtesy of NBK)
December 19th, 2017 - 03:03 GMT

National Bank of Kuwait Eyes Saudi, Egypt Expansion

Hisham Alrayes, CEO of GFH
December 19th, 2017 - 11:54 GMT

GFH in $150 Million Deal to Buy Two US Properties

The portfolio comprises a mix of narrow-body and wide-body Airbus and Boeing aircraft on lease to 14 airlines across the world.
December 19th, 2017 - 08:47 GMT

NCB Capital Announces the Acquisition of a $0.8 Billion Aircraft Portfolio

To enter Burgan Bank’s Yawmi Quarterly Draws, customers should maintain a minimum amount of KD500 in their account for 2 months prior to the draw date.
December 19th, 2017 - 08:35 GMT

Burgan Bank Announces the New Winner of the KD125,000 Cash Prize

Gulf Bank
December 18th, 2017 - 09:47 GMT

Gulf Bank Holds Business Training Session for Fikra Program

Mashreq Bank
December 18th, 2017 - 07:31 GMT

Mashreq Bank Wins 'Best Consumer Mobile Banking Global' Award

Ahmed Abdul Rahim , CEO of Ithmaar Bank
December 18th, 2017 - 07:09 GMT

Ithmaar Bank Reports Continued Profits for 2017

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