Banking & Insurance

Banking & Insurance, Riyadh, Saudi Arabia
Riyad Bank has completed a sukuk offering in Saudi Riyals worth $533 million

Riyad Bank has completed a sukuk offering in Saudi Riyals worth $533 million Riyad Bank, based in Saudi Arabia, has announced that…

Banking & Insurance, Finance, Riyadh, Saudi Arabia
Riyad Bank will increase its capital by issuing Sukuk

Riyad Bank will increase its capital by issuing Sukuk Riyad Bank has begun offering a Sukuk in riyals to raise its tier…

Banking & Insurance, Investment, Saudi Arabia, Stock Markets
Saudi Arabia’s PIF gets $7 billion through its first Murabaha loan to support medium-term funding

Saudi Arabia's PIF gets $7 billion through its first Murabaha loan to support medium-term funding Saudi Arabia's Public Investment Fund (PIF) has…

Banking & Insurance, Egypt, Finance, Stock Markets
Bedaya Mortgage Finance has issued securitized bonds worth $35 million with advice from EFG Hermes

Bedaya Mortgage Finance has issued securitized bonds worth $35 million with advice from EFG Hermes Bedaya Mortgage Finance, a company owned by…

Banking & Insurance, Gulf News, UAE
The UAE Central Bank’s gold reserves reached $6.3 billion by the end of the third quarter

The UAE Central Bank's gold reserves reached $6.3 billion by the end of the third quarter The UAE central bank's gold reserves…

Banking & Insurance, Finance, Saudi Arabia
Saudi Awwal Bank Raises Over $1 Billion in Sukuk Offering

Saudi Awwal Bank Raises Over $1 Billion in Sukuk Offering Saudi Awwal Bank (SAB) announced on Thursday that it has raised $1.06…

Banking & Insurance, Egypt, Stock Markets
United Bank of Egypt sets IPO share price at $0.28 to raise $92 million

United Bank of Egypt sets IPO share price at $0.28 to raise $92 million United Bank of Egypt has set the price…

Banking & Insurance, Finance, Investment, UAE
Mashreq Bank and Emirates NBD are investing in NewBridge Fintech Solutions

Mashreq Bank and Emirates NBD are investing in NewBridge Fintech Solutions Two major banks in the UAE, Emirates NBD and Mashreq Bank,…

Banking & Insurance, Egypt, Investment
EFG Holding reports a 76% increase in its net profit for the third quarter, reaching $14 million

EFG Holding reports a 76% increase in its net profit for the third quarter, reaching $14 million EFG Holding, based in Egypt,…