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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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The grand prize winner, Abubukur O E Elamin, Sudanese national from Al Ain.
July 3rd, 2017 - 07:59 GMT

ADCB Celebrates Its Prize Winner of “Million Dollar Dreams I”

Gaurang Desai, CEO of DGCX
July 2nd, 2017 - 09:33 GMT

DGCX Sees Growth in Gold and Currencies Amidst Increased Geopolitical Risks and Economic Uncertainty

This asset has a book value of $20 million and the deal is expected to have a positive impact on its financial results for the second quarter of 2017. (Pixabay)
June 29th, 2017 - 09:31 GMT

GFH Exits $55m Promoseven Real Estate Portfolio

GIB’s Chairman, His Excellency Mr. Jammaz bin Abdullah Al-Suhaimi.
June 29th, 2017 - 05:22 GMT

GIB Granted Retail Banking Licence in Bahrain

Iran's Foreign Minister Mohammad Javad Zarif (R) and his German counterpart, Frank-Walter Steinmeier, during a meeting on February 2, 2016, in Tehran. (Atta Kenare/ AFP)
June 28th, 2017 - 11:27 GMT

Germany Wants Better Banking Cooperation With Iran: Minister

Kim Tran - Head of Trade Sales and Advisory Europe and Americas, FAB
June 28th, 2017 - 09:36 GMT

FAB Named Best Trade Finance Bank in MENA

The company has set up a team of employees, who are committed to the highest standards of hygiene and safety, to distribute Iftar meals to workers across specified locations in the UAE throughout the holy month.
June 22nd, 2017 - 10:28 GMT

Al Ansari Exchange Distributes 7,000 Iftar Meals During the Holy Month of Ramadan

The Saudi Stock Exchange (Tadawul). (AFP/ File)
June 21st, 2017 - 07:48 GMT

Saudi Arabia Added to Watchlist for MSCI Emerging Market Index

Gulf Bank staff volunteered their time to visit children in seven hospitals over the course of one week.
June 21st, 2017 - 06:48 GMT

Gulf Bank Celebrates Gergean With Children in Kuwait

A currency trader in Tokyo observes progress in the US presidential election as a TV channel displays portraits of contenders Hillary Clinton and Donald Trump. (AFP)
June 20th, 2017 - 09:40 GMT

Tokyo Stocks Hit 22-Month High on Wall Street Gain, Weak Yen

Barclays. (File photo)
June 20th, 2017 - 09:23 GMT

UK Charges Barclays, Four Ex-Staff With Fraud Over Illegal Qatar Funds

The index score is based on insights from a panel of industry thought leaders, who form the Wealth Sentiment Index Council, which is composed of affluent individuals and industry experts (60%).
June 20th, 2017 - 07:52 GMT

FAB Wealth Sentiment Index up 1.56% in June

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