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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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Omar Alghanim, Gulf Bank Chairman
July 18th, 2017 - 08:24 GMT

Gulf Bank Records an Increase of 10% in Net Profit for H1 2017

National Bank of Fujairah
July 17th, 2017 - 10:49 GMT

National Bank of Fujairah Q2 Net Profit up 24.4pc

Sharjah Islamic Bank
July 17th, 2017 - 10:43 GMT

SIB’s Net Profits up 6.2% in First Half of 2017

The low oil price environment continues to exert pressure on government revenues. (AFP/ File)
July 16th, 2017 - 01:22 GMT

Weak Oil Prices Affect Money Supply, Performance of Banks in GCC: Report

Mr. Arif Al Zaabi, Acting Head of Retail
July 16th, 2017 - 10:55 GMT

Bank Nizwa Credit Cards Continue to Attract New Customers

H.E Rashed Al Blooshi, ADX CEO
July 16th, 2017 - 10:32 GMT

Foreign Investors Purchase 2.1 Billion Dirhams Worth of Shares in ADX in June 2017

The agreement was signed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs; and HE Ousmane Mey Al Amine, Minister of Finance of the Republic of Cameroon.
July 16th, 2017 - 09:06 GMT

UAE MoF Signs Agreement for the Avoidance of Double Taxation With the Republic of Cameroon

UAE Ministry of Finance
July 16th, 2017 - 05:10 GMT

UAE MoF and the Federal Authority for Government Human Resources Launch Two Strategic Government Projects

Invest Bank
July 13th, 2017 - 11:34 GMT

Invest Bank Reports Dh177.9m First Half Net Profit

The MoU will position FinTech Hive at DIFC as first accelerator to support growth of Islamic FinTech, said a statement from DIFC Authority.
July 13th, 2017 - 08:52 GMT

DIFC to Launch Islamic FinTech Initiatives

HSBC earned the most investment banking fees in the Middle East during the first six months of 2017, a total of $29.2 million. (AFP/ File)
July 12th, 2017 - 11:04 GMT

Middle East's Investment Banking Fees Down 15 Percent in 2017: Thomson Reuters

The signing took place on the sidelines of WTO’s Aid for Trade Global Review 2017 in Geneva by Eng. Hani Salem Sonbol, CEO of ITFC, and Mr. Dimitris Tsitsiragos, Vice President of IFC.
July 12th, 2017 - 09:15 GMT

The International Islamic Trade Finance Corporation and the International Financial Corporation Partner for the Achievement of Sustainable Development Goals in Common Member Countries

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