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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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Bank Nizwa’s Recurring Deposits operate as a savings plan contract between the bank and the customer in full compliance with the Islamic financial principles of Mudarabah.
July 26th, 2017 - 11:20 GMT

Bank Nizwa Launches Shari’a-Compliant Savings Plan

Surplus reserves at UAE banks surged to AED 42.8 billion ($11.6 billion) by the end of June, a growth of 77.6 percent from the first month of 2017, according to UAE Central Bank statistics. (Shutterstock)
July 26th, 2017 - 08:14 GMT

UAE Surplus Reserves Jump 77.6 Percent in June: Central Bank

Adeeb Ahamed, Managing Director, Lulu Exchange. (Trade Arabia)
July 26th, 2017 - 06:07 GMT

Lulu Exchange Acquires Al Falah

Amjad al Lawati
July 26th, 2017 - 05:37 GMT

Bank Muscat Launches Oman’s First Electronic Wallet

Local banks in Egypt are vying to win the super-rich with accounts serving their 'very specific' needs. (Shutterstock)
July 25th, 2017 - 03:29 GMT

Champagne and VIP Lounges: Banque Misr Launches Account for the Super-Rich

Deloitte also continues to advocate for diversity in boardrooms through our ‘Board Ready’ programs.
July 25th, 2017 - 12:04 GMT

Deloitte Global Finds Gender Diversity on Boards Doubled in Organizations With Female Leadership

EFP Cooperation Agreement
July 25th, 2017 - 05:57 GMT

ADFD to Study Feasibility of UAE Export Finance Programme With Korea Development Institute

Bank ABC
July 25th, 2017 - 05:51 GMT

Bank ABC Announces $102 Million Net Profit for First Half of 2017

The second quarter of 2017 generated a profit of Dh226.7 million, an increase of 16 per cent year on year.
July 24th, 2017 - 10:37 GMT

RAKBank Group Posts Dh381.5m Net Profit for First Half

The Dhs135m villa project marks the first time Amlak is developing a fully-owned property. (GB)
July 24th, 2017 - 09:57 GMT

Dubai Mortgage Firm Amlak Developing Villa Project in Mirdiff

PwC.
July 24th, 2017 - 07:34 GMT

Women Outperform Men in Seed Crowdfunding, According to Study by PwC

Jeyapriya Partiban, Partner and Head of Risk Consulting at KPMG in Bahrain
July 23rd, 2017 - 05:56 GMT

KPMG in Bahrain Launches Online ‘Learning Hub’ to Reduce Costs and Improve Access to Training

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