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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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Bank al Etihad
September 19th, 2018 - 09:42 GMT

Bank al Etihad: Introducing the New SWIFT GPI Feature in Jordan

The Sukuk was issued as a “drawdown” under Al Hilal Bank’s USD2.5 billion Trust Certificate Issuance Programme, which is listed on the Irish Stock Exchange.
September 19th, 2018 - 09:08 GMT

Al Hilal Bank Successfully Closes Landmark $500 Million Sukuk

Cash withdrawals are now possible using simply a PIN and your fingerprint. (Shutterstock)
September 19th, 2018 - 07:21 GMT

Bahrain Launches GCC's First Biometric Payment System

During the event
September 19th, 2018 - 06:49 GMT

National Bank of Oman Partners With ONEIC for Real-Time Online PASI Payments

Emirates NBD U By Emaar Visa credit cards will allow customers to earn and redeem Upoints at 1,500 Emaar touchpoints across the hotels, restaurants and leisure assets of Emaar Group.
September 18th, 2018 - 11:26 GMT

Emirates NBD and Emaar Partner to Introduce Dubai’s Most Rewarding Card Programme, Emirates NBD U By Emaar Visa Credit Card

During the event
September 18th, 2018 - 11:18 GMT

Bank Sohar Announces Winners in 7th Al Mumayaz Savings Scheme Monthly Draws

During the event
September 18th, 2018 - 10:37 GMT

National Bank of Oman Partners With ONEIC for Real-Time Online PASI Payments

Mr. Majed Essa Al-Ajeel, Chairman of the Board of Burgan Bank Group
September 18th, 2018 - 10:28 GMT

Burgan Bank Group Is Currently Not Experiencing Any Material Impact on Its Profitability

Dubai and Abu Dhabi in the United Arab Emirates (UAE) could soon join London, New York and Hong Kong in the world’s top 10 global financial centre rankings. (Shutterstock)
September 18th, 2018 - 09:47 GMT

New UAE Visa Law Might Propel It to Top 10 World Financial Hubs

The General Council for Islamic Banks and Financial Institutions (CIBAFI) said treatment of real estate across Islamic finance jurisdictions still reflected Basel II or pre-reform Basel III rules. (Shutterstock)
September 17th, 2018 - 07:46 GMT

Islamic Banks Urged to Update Property Rules to Protect $1.3 Trillion Global Assets

ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the non-call, five-year Sukuk at a profit rate of 7.13 per cent. (File/ Photo)
September 17th, 2018 - 05:15 GMT

Strong Tier-One Perpetual Sukuk Debut for ADIB With $750 Million

During the event
September 17th, 2018 - 04:05 GMT

Bank Sohar Recognized as One of Oman’s Best Performing Companies at AIWA Awards

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