Banking & Insurance

Banking & Insurance, Qatar, Stock Markets
Qatar International Islamic Bank Launches $137 Million Sukuk

Qatar International Islamic Bank (QIIB) has launched a new sukuk worth more than $137 million (QAR 500 million). The bank shared this…

Abu Dhabi, Banking & Insurance, Stock Markets
ADCB Raises $1.7 Billion in Record Rights Issue Amid Strong Investor Demand

ADCB Raises $1.7 Billion in Record Rights Issue Amid Strong Investor Demand Abu Dhabi Commercial Bank (ADCB) has raised $1.66 billion (AED…

Banking & Insurance, UAE
GCC Central Banks Cut Interest Rates After the U.S. Fed’s Move

GCC Central Banks Cut Interest Rates After the U.S. Fed’s Move Central banks across the Gulf Cooperation Council (GCC) have reduced their…

Abu Dhabi, Banking & Insurance
ADCB Reports 29% Profit Rise in Q3 to $844 Million, Income Up 25%

ADCB Reports 29% Profit Rise in Q3 to $844 Million, Income Up 25% Abu Dhabi Commercial Bank (ADCB) earned a net profit…

Banking & Insurance
Emirates NBD May Buy Majority Stake in India’s RBL Bank: Report

Emirates NBD May Buy Majority Stake in India’s RBL Bank: Report Emirates NBD, a major bank from Dubai, is reportedly in advanced…

Banking & Insurance, UAE
UAE’s Gold Reserves Rise 32% To Record $8.3 Billion In August

UAE’s Gold Reserves Rise 32% To Record $8.3 Billion In August The UAE’s gold reserves grew by 32% in the first eight…

Banking & Insurance, Qatar
Qatar’s QNB Gets Approval to Launch New Saudi Digital Bank

Qatar’s QNB Gets Approval to Launch New Saudi Digital Bank Qatar National Bank (QNB) has received approval from the Saudi Central Bank…

Banking & Insurance, Dubai, UAE
Dubai Leads the World in Greenfield FDI with 643 Projects in H1 2025

Dubai Leads the World in Greenfield FDI with 643 Projects in H1 2025 Dubai ranked first worldwide in attracting greenfield foreign direct…

Banking & Insurance, Egypt, Finance
EFG Hermes Finalizes $32.2M Bond Deal for Bedaya Mortgage Finance

EFG Hermes Finalizes $32.2M Bond Deal for Bedaya Mortgage Finance EFG Hermes announced that its investment banking team has completed advisory work…