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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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FAB scoops three awards at Global Finance magazine’s 2017 Transaction Processing Awards
October 23rd, 2017 - 08:47 GMT

FAB Scoops Three Awards at Global Finance's 2017 Transaction Processing Awards

Nadim Najjar , Managing Director, MENA Thomson Reuters
October 23rd, 2017 - 08:02 GMT

Thomson Reuters and Bank Al Etihad Join Forces to Provide Startups in Jordan Access to Services & Funding

The bank's total net interest income and Islamic financing income was up 8 percent year-on-year.
October 23rd, 2017 - 07:52 GMT

Abu Dhabi Commercial Bank Reports Q3 2017 Net Profit of Dh1.092 Billion, up 9 Percent

National Bank of Fujairah
October 23rd, 2017 - 05:40 GMT

National Bank of Fujairah Q3 2017 Operating Profit Grows 11.9 Percent Reflecting Continued Focus on Quality Core Business

Mastercard
October 23rd, 2017 - 04:48 GMT

Embedding Tech in Every Conceivable Device: Mastercard Debuts on First Fortune Future 50

The partnership aims at promoting fintech and building a vibrant ecosystem in Abu Dhabi, and the UAE.
October 22nd, 2017 - 06:22 GMT

Abu Dhabi Global Market Partners With Abu Dhabi Commercial Bank to Enhance Fintech Ecosystem in Abu Dhabi

The overall opportunity for the Saudi market is estimated at $42 billion or about SR3 billion annually.
October 19th, 2017 - 09:30 GMT

Saudi Arabia’s PIF Launches SR1.9 Billion Company to Boost Energy Efficiency

Abu Dhabi National Insurance Company
October 19th, 2017 - 04:55 GMT

Abu Dhabi National Insurance Company International Enters UK Market

Velana International Airport in Malé.
October 19th, 2017 - 04:44 GMT

Abu Dhabi Fund for Development Allocates $50 Million for Development of Velana International Airport in Maldives

Bank Nizwa has launched a new Shari’a-compliant home finance solution. (Pictured here: Arif Al Zaabi, Acting Head of Retail Banking at Bank Nizwa.)
October 18th, 2017 - 11:05 GMT

Bank Nizwa Introduces Murabaha-Based Home Finance Solution

The invitation-only Future Investment Initiative (FII) will be held in Riyadh on October 24-26.
October 18th, 2017 - 10:17 GMT

Sovereign Wealth Fund Chiefs to Gather in Riyadh on October 24-26

Ahmadi Music Group is one of Kuwait’s most prestigious music and arts organizations. (Courtesy of Ahmadi Music)
October 18th, 2017 - 08:32 GMT

Burgan Bank Sponsors Kuwaiti Ahmadi Music Group’s Performances for 2017-18

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