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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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DIFC said the finalists were selected based on their level of business maturity, potential to thrive at the accelerator and “degree of fit” with the partnering financial institutions. (GB)
August 22nd, 2017 - 08:54 GMT

Dubai FinTech Hive Accelerator Selects First 11 Finalists

Mrs. Salma Al-Hajjaj, General Manager for Human Resources at Gulf Bank, and Mr. Fawzi Al-Majdalli, Secretary General at MGRP signed the agreement on 21 August 2017 at the MGRP headquarters.
August 22nd, 2017 - 08:33 GMT

Gulf Bank and MGRP Launch Strategic Partnership to Support Private Sector Employment

1st Salalah International Forum On Islamic Finance
August 20th, 2017 - 11:01 GMT

Bank Nizwa Participates in 1st Salalah International Forum on Islamic Finance

This service enables Premier Banking customers to receive new bank notes before the Eid holidays at their offices or homes
August 20th, 2017 - 05:31 GMT

Burgan Bank Offers Free Eideya Delivery Service to Premier Banking Customers

Noor Bank. (File photo)
August 17th, 2017 - 09:34 GMT

Dubai's Noor Bank Downsizes in Huge Restructuring: Sources

The deposits increased by 20.5 per cent in June,
rising to Dh123 billion
August 17th, 2017 - 07:20 GMT

UAE Central Bank Deposits Top $33 Billion in H1

Hisham Alrayes, CEO of GFH
August 15th, 2017 - 07:49 GMT

GFH Completes the Acquisition of $1.2 Billion Infrastructure Portfolio

Saudi Arabia hosted the only three IPOs of this quarter. (File photo)
August 14th, 2017 - 01:35 GMT

IPO Activity in GCC Slows Down in Q2 2017: Report

ADFD’s country report issued to mark Pakistan’s Independence Day on 14 August, highlighted that the nine development projects have significantly contributed to improving socio-economic conditions in the country.
August 14th, 2017 - 12:07 GMT

Abu Dhabi Fund for Development Finances Nine Sustainable Development Projects in Pakistan Worth AED1.5 Billion

Husam Mahmoud, Marketing Manager, Al Ansari Exchange receiving the recognition at the TFT awards ceremony.
August 14th, 2017 - 11:59 GMT

Al Ansari Exchange Named the ‘Preferred Remittance Centre of the Year’ for a Third Consecutive Time at the Filipino Times Awards

The programme supports the academic growth of the participating students, each of whom is the first in their family to attend university.
August 14th, 2017 - 10:00 GMT

DIFC, Harvard University Offer Educational Courses to 50 Underprivileged Students

Xpress Money
August 14th, 2017 - 09:11 GMT

As Gulf Remittances Slow, Xpress Money Looks for Greener Pastures

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