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Banking and Finance

Banking and Finance latest

ADIB Mobilises AED 20.3 Billion in Sustainable Finance in 2025, Reinforcing Commitment to AED 60 Billion Target by 2030
April 6th, 2026 - 09:20 GMT

ADIB Mobilises AED 20.3 Billion in Sustainable Finance in 2025, Reinforcing Commitment to AED 60 Billion Target by 2030

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced that it mobilised and facilitated AED 20.3 billion in sustainable finance by the end of 2025, marking a strong year of execution and reinforcing its commitment to deploy AED 60 billion in sustainable finance by 2030. This performance underscores ADIB’s role as a trusted sustainable finance partner, supporting governments, financial institutions and corporates in advancing climate action, enabling the energy transition, and delivering meaningful environmental and social impact across the UAE and the wider region. ADIB played a ...
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Cutting edge technology and innovation will be adopted as the official show theme for Arabian Travel Market (ATM) 2019. (Shutterstock)
October 1st, 2018 - 07:23 GMT

ATM to Showcase How AI and Automation Can Increase Hotel Revenues by 10 Percent

Bank ABC is a leading player in the region’s banking industry and provides innovative wholesale financial products and services.
October 1st, 2018 - 05:43 GMT

Bank ABC Appoints Amr El Nokaly As Group Head of Corporates

A gain of more than 1 percent in Industries Qatar and Qatar National Bank lifted Qatari stocks by 0.8 percent in early trade. Stocks in oil producing countries are showing strong momentum with oil prices at a four-year high, as US sanctions on Tehran squeezed Iranian crude exports. (Shutterstock)
October 1st, 2018 - 05:00 GMT

Strong Oil Prices Boost GCC Stocks, Led by Qatar and Saudi

Gartner researchers has put a figure of $155 billion on MENA region IT spending in 2018, with banking and securities firms leading spending growth. (Shutterstock)
October 1st, 2018 - 04:52 GMT

MENA Finance Firms Spend $155 Billion in Digital Disruptive Technologies

The Saudi debt management office expects $11 billion of inflows as a result of the entry into the indexes, the Saudi ministry of finance said in a statement. (Shutterstock)
October 1st, 2018 - 04:42 GMT

JP Morgan Bond Index Entry to Inject Saudi Arabia With $11 Billion

Bank Nizwa, Muscat Aviation Training Center MoU
September 30th, 2018 - 10:04 GMT

Bank Nizwa Offers Shari’a-Compliant Financing to Muscat Aviation Training Centre Customers

 The bank was awarded the ‘Leading Corporate for Investor Relations in the UAE’ for the second consecutive year.
September 30th, 2018 - 09:34 GMT

FAB Named ‘Leading Corporate for Investor Relations in the Middle East’

The bank proudly announces its commitment to issue Letters of Credit and Guarantees to its customers in a record time of just 30 minutes.
September 30th, 2018 - 09:03 GMT

Bank Sohar Facilitates LC’s & LG’s in Only 30 Minutes

A prestigious line-up of speakers will share their expertise in a series of keynote addresses.
September 30th, 2018 - 08:03 GMT

UAE Banks Federation Reveals Dynamic Agenda and Prestigious Line-Up of Speakers for Middle East Banking Forum 2018

“We remain, despite the blockade, the world’s top exporter of LNG. Our reserves and funds are estimated to stand at 250 percent of the GDP, whether it is in cash reserves of in sovereign wealth fund investments. These are sufficient to sustain the country for another couple of decades.” (Shutterstock)
September 30th, 2018 - 07:01 GMT

Qatar’s Banking, Energy Sectors Stable and Profitable Despite Siege

Egypt began setting a monthly customs exchange rate in January 2017, following the liberalization of its currency in November 2016. (Shutterstock)
September 30th, 2018 - 06:32 GMT

Egypt to Stick to EGP16 to $1 for October

The Kingdom’s banking sector is the most secure in the Arab region, where capital adequacy in Jordan amounted to 18.5 and 17.8 per cent in 2016 and 2017, respectively. (Shutterstock)
September 30th, 2018 - 06:14 GMT

Jordan's Banking Sector Is Most Secure in the Arab World, With $70.4 Billion Assets

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