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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan
July 22nd, 2026 - 04:40 GMT

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan

Following the official launch of Jaywan by Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Sharjah Islamic Bank (SIB) has reaffirmed its support for the UAE's vision for a secure, resilient and sovereign financial future through its participation in the UAE’s domestic card scheme. Jaywan is the UAE’s domestic card scheme, developed to strengthen the country’s payment infrastructure and support secure and reliable transactions within the UAE. Jaywan reinforces the resilience of domestic payments while advancing the nation’s wider ambitions for financial innovation and ...
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The Capital Markets Authority (CMA) board issued its resolution to adopt the updated instructions on Book Building and Allocation of Shares in IPOs. (AFP)
January 15th, 2018 - 11:56 GMT

CMA Adopts Updated Instructions on Book Building and Allocation of Shares in IPOs

As part of the Ministry’s Advanced National Talent Development Program, the MoU was signed to promote the development of Saudi youth’s skills in the financial sector.
January 15th, 2018 - 11:41 GMT

Minister of Finance Signs MoU to Boost Financial Skills Among Saudi Youth

It also came second globally in the in the fifth edition of the Islamic Finance Development Report and Indicator.
January 15th, 2018 - 11:27 GMT

Bahrain Tops Regional Islamic Finance Table

Mashreq’s presence in Bahrain started in 1981, in line with the strong relationship and cooperation between the GCC countries.
January 15th, 2018 - 10:44 GMT

Mashreq Bank Celebrates Celebrates 50 Year Anniversary in Bahrain

The event marked the end of the 2017 Al Kanz scheme and the launch of the 2018 edition.
January 15th, 2018 - 05:35 GMT

NBO Celebrates Winners of the OMR 500,000 Al Kanz Mega Draw

Saudi British Bank (SABB), the leading trade bank in the kingdom.
January 14th, 2018 - 01:10 GMT

Saudi Bank SABB Names New Board Member

Banks across the GCC are expected to see stabilization of the financial profiles and performance after two years of significant pressure, according to S&P Global Ratings. (Shutterstock)
January 14th, 2018 - 12:24 GMT

GCC Banks to Stabilize in 2018: Report

Mr. Sael Al Waary, Chairman of AFS and Deputy Group CEO of Bank ABC
January 14th, 2018 - 10:54 GMT

Middle East & Africa FinTech Forum to Be Held This March in Manama

KPMG in Bahrain’s Managing Partner, Jamal Fakhro
January 14th, 2018 - 07:24 GMT

KPMG Reports 12.7 Percent Growth in Aggregated Revenues of Member Firms Across the MESA Region

“We are dedicated to empowering women throughout the Sultanate with knowledge of Islamic finance." - Suhaila Al Ismaili, Senior Manager at Bank Nizwa
January 14th, 2018 - 07:17 GMT

Bank Nizwa Empowers Women in Oman With ‘Ladies Only’ Banking Services

Announced at the Eighth Session of the IRENA Assembly, the two projects are being financed through the fifth funding cycle of the IRENA/ADFD Project Facility.
January 14th, 2018 - 05:50 GMT

ADFD Approves $25 Million for IRENA-endorsed Solar Photovoltaic Projects in Mauritius, Rwanda

The banks have not announced a timetable, but Saudi Arabian central bank governor Ahmed al-Kholifey told Al Arabiya television in October that the outlook for the merger would become clear by the end of 2017.
January 11th, 2018 - 11:37 GMT

Saudi British Bank Merger Presses Ahead After Delays

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