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Banking and Finance

Banking and Finance latest

International Islamic Trade Finance Corporation (ITFC) Signs US$750 Million Framework Agreement with Djibouti to Finance Strategic Trade in the Horn of Africa
June 21st, 2026 - 05:12 GMT

International Islamic Trade Finance Corporation (ITFC) Signs US$750 Million Framework Agreement with Djibouti to Finance Strategic Trade in the Horn of Africa

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$750 million Framework Agreement with the Republic of Djibouti to guide trade finance cooperation between the two parties from 2026 to 2029. The agreement was signed on the sidelines of the IsDB Group Annual Meetings in Baku by H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance, in charge of Industry, and IsDB Governor for the Republic of Djibouti, and Eng. Adeeb Yousuf Al Aama, Chief Executive Officer, ITFC. Under ...
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Al Bawaba
February 12th, 2014 - 08:54 GMT

Emirates Islamic and Dubai Educational Zone sign agreement for mutual cooperation

Al Bawaba
February 11th, 2014 - 04:54 GMT

Swiss secrecy luring more Middle East investors

Egypt's second stimulus released this week will inject $4.87 billion into the economy (File Archive/Shutterstock)
February 11th, 2014 - 01:38 GMT

Deficit and development projects target of Egypt's second stimulus disbursed this week

Al Bawaba
February 11th, 2014 - 09:37 GMT

Sharjah Islamic Bank is silver sponsor of Sharjah Football Club

Al Bawaba
February 11th, 2014 - 07:33 GMT

Mashreq introduces hassle free Personal Loan

Al Bawaba
February 10th, 2014 - 07:24 GMT

Ouch. JP Morgan severs ties with Dubai's largest bank

Al Bawaba
February 10th, 2014 - 01:00 GMT

Jordan's slippery slope or full-out cliff: Is there any hope for solving the Kingom's financial woes?

Islamic finance in 2014, is set to experience another increased momentum
February 9th, 2014 - 10:42 GMT

Islamic finance assets to reach $2.1tr by end-2014

Al Bawaba
February 9th, 2014 - 09:02 GMT

NBAD launches ‘Paper Tree’ initiative

Al Bawaba
February 9th, 2014 - 07:55 GMT

Mashreq wins big at MENA Fund Manager Awards 2014

Al Bawaba
February 9th, 2014 - 06:19 GMT

Jordan Ahli Bank gives away 2013 Kia Cerato to lucky student Raneen Drakejian

This marks the first rise in foreign reserves since last August.
February 9th, 2014 - 03:55 GMT

Who needs Qatar now? Egypt's reserves up for first time in six months

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