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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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Mashreq Bank will cut 10 percent of its workforce as a direct result of artificial intelligence technology. (Courtesy of Mashreq Bank)
September 19th, 2017 - 08:01 GMT

Mashreq Bank to Cut 10 Percent of Staff on Successful AI Implementation

Mr Ian Johnston, Chief Executive of the DFSA, and Mr Sami Saliba, Executive Board Member of the CMA
September 18th, 2017 - 10:27 GMT

DFSA Signs MoU With Lebanon’s CMA

Whatsapp App
September 18th, 2017 - 10:12 GMT

Burgan Bank Launches New WhatsApp Service for Added Convenience

NBK Capital
September 18th, 2017 - 08:53 GMT

NBK Capital Partners Closes NBK Capital Partners Mezzanine Fund II With $160 Million in Capital Commitments, Invests in Saudi and Turkey

Abu Dhabi Commercial Bank
September 18th, 2017 - 08:17 GMT

Abu Dhabi Bank ADCB’s Services Will Be Unavailable for Three Days

Bank ABC's network already spans 18 countries in five continents. (Pictured here: Allan Sword, Senior Executive Officer)
September 18th, 2017 - 04:53 GMT

Bank ABC Celebrates Launch of First Branch in the UAE

National Bank of Fujairah
September 17th, 2017 - 10:50 GMT

National Bank of Fujairah Supports the Stable Future of the Regional Energy, Oil and Gas Industries in Partnership With the Gulf Intelligence Energy Markets Forum

HSBC Saudi Arabia successfully led the execution of the first Accelerated Book-Build (ABB) in Saudi Arabia with the sale of 16,000,000 shares in AlMarai Company.
September 17th, 2017 - 08:58 GMT

HSBC Leads First Accelerated Book-Building in Saudi Arabia

2017 Mercedes S-Class
September 17th, 2017 - 05:57 GMT

Bank Al Etihad Makes Clients Dreams Come True This August

The coveted award was delivered in recognition of the Fund’s consistent long-term outperformance.
September 17th, 2017 - 05:01 GMT

Burgan Bank Wins Prestigious Thomson Reuters Lipper Award for ‘Best Local Equity Fund’

The UK saw uneven rates of prosperity growth over the last year, according to a new report by Barclays. (File photo)
September 14th, 2017 - 07:59 GMT

Prosperity in UK Cities Gains Momentum as Wider Regional Growth Lags Behind

Deloitte has launched the third volume in a series of whitepapers designed to help businesses in the Gulf understand the impact of VAT.
September 14th, 2017 - 06:42 GMT

Deloitte Launches Whitepaper Part 3: VAT Impact on Family Offices; Importers, Exporters and Free Zone Entities

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