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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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A celebratory event was organized to mark the successfully transaction on July 30.
August 1st, 2017 - 07:47 GMT

Bank ABC Closes $125 Million Syndicated Loan for Bahrain Commercial Facilities Company

Arif Amiri, Chief Executive Officer of DIFC Authority.
July 31st, 2017 - 10:28 GMT

DIFC Posts 6 Percent Growth in Number of Companies in H1 2017

Subroto Som, Head of Retail, Mashreq
July 31st, 2017 - 09:41 GMT

Mashreq Announces Launch of MashreqPay


Alinma Bank
July 31st, 2017 - 06:19 GMT

Alinma Bank Launches Subsidized Real Estate Financing Program

ASUS
July 31st, 2017 - 06:03 GMT

ASUS Republic of Gamers Announces Strix RX Vega64

BANK ABC Islamic
July 31st, 2017 - 05:57 GMT

Bank ABC Islamic Logs 41% Rise in Net Profit in in Half-Year to $15.1m

Private deposits in Oman are on the rise. (Photo courtesy of Bank Muscat)
July 30th, 2017 - 11:11 GMT

Commercial Banks in Oman See 2.5 Percent More Private Deposits

FAB Wealth Sentiment Index down 1.3% in July
July 30th, 2017 - 07:57 GMT

FAB Wealth Sentiment Index Down 1.3% in July

Arab Bank
July 30th, 2017 - 07:46 GMT

Arab Bank Group Reports First Half 2017 Net Income After Tax of USD 415.2 Million

FAB’s Global Asset Management manages assets in excess of AED7.05 billion, making it one of the largest of its kind in the UAE.
July 27th, 2017 - 09:48 GMT

FAB Announces Its Sukuk Income Fund Earnings

Abdulhamid Saeed, Group Chief Executive Officer of FAB
July 27th, 2017 - 05:45 GMT

FAB Reports First Half 2017 Group Net Profit of AED 5.49 Billion

ABC Islamic Bank’s total assets stood at US$1.443 billion as of June 30, 2017 compared to US$1.634 billion at 2016 year-end.
July 26th, 2017 - 12:10 GMT

Bank ABC Islamic Announces 41% Increase in Half-Year Profit to US$15.1 Million

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