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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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According to Central Bank data, short-term deposits secured progressive growth since the beginning of 2016. (File photo)
August 14th, 2017 - 09:01 GMT

Deposits in UAE Banks Surge to $120 Billion in H1 2017

The YallaCompare Banking Awards singles out the most desired financial products among UAE residents.
August 14th, 2017 - 07:44 GMT

NBF’s Platinum Credit Card Named ‘Credit Card of the Year’ at YallaCompare Banking Awards

David Rutter
August 14th, 2017 - 05:11 GMT

Bank ABC Becomes the First MENA Financial Institution to Join Global Financial Infrastructure Consortium R3

Chairman of GFH, Sh. Ahmed bin Khalifa Al-Khalifa and Mr. Hisham Alrayes, CEO of GFH
August 14th, 2017 - 05:09 GMT

GFH Records Net Profit Attributable to Shareholders of US$62 Million For the First Half of 2017

Harvard Crossroads Programme in DIFC
August 13th, 2017 - 11:48 GMT

Dubai International Financial Centre and Harvard to Offer Educational Opportunities to Underprivileged Students in the Measa Region

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)
August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

The collaboration between two leading Saudi institutions is designed to provide enhanced, value-added services to customers, by combining the strengths and product offerings from each partner.
August 13th, 2017 - 11:08 GMT

Alawwal Bank Collaborates With STC to Launch ‘Alawwal Qitaf’ Credit Card

Ali Bin Harmel Al Daheri, Watania Chairman of the Board of Directors
August 13th, 2017 - 09:15 GMT

National Takaful Company (Watania) Reports Dh2.7 Million Profit in Second Quarter

The memorandum of understanding was signed by Promoth Manghat, chief executive officer of UAE Exchange Group, and Richard Teng, chief executive officer of the Financial Services Regulatory Authority (FSRA) of ADGM.
August 13th, 2017 - 08:53 GMT

ADGM, UAE Exchange Partner to Develop Fintech

Youth Council of the Ministry of Finance Event
August 13th, 2017 - 06:10 GMT

UAE Ministry of Finance Organises the “Youth Council of the Ministry of Finance” Event

Mastercard MEA Innovation Showcase
August 13th, 2017 - 05:37 GMT

Future Is Now: UAE Provides an Exceptional Backdrop for Mastercard ‘MEA Innovation Showcase’

Burgan Bank Summer Training
August 13th, 2017 - 05:12 GMT

Burgan Bank Concludes 2017 Summer Training Program

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