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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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As per the law, most financial services are VAT exempt in the UAE. (Shutterstock)
April 4th, 2018 - 08:22 GMT

UAE Banks May Hike Fees to Offset Additional VAT Costs in 2018

Yousif Ali Mirza, Chief Executive Officer, CrediMax
April 4th, 2018 - 07:25 GMT

CrediMax and Mastercard Launch UEFA Champions League Campaign

Khalifa Fund will also participate in the various activities, which will be held on the sidelines of the forum, including ‘AIM Startup’.
April 4th, 2018 - 07:04 GMT

Khalifa Fund to Showcase 20 Projects at Annual Investment Meeting

Dr. Hussein Abusaaq, Chief Economist and Head of the Research and Economic Studies Unit
April 4th, 2018 - 06:40 GMT

KPMG Al Fozan & Partners Establishes New Economics Research Unit

A proposed Islamic investment megabank is likely to be launched in 2018, according to Islamic Development Bank spokesman Abdul-Hakim Elwaer. (Courtesy of Anadolu Agency)
April 3rd, 2018 - 11:07 GMT

Turkey, Muslim Countries to Launch Islamic Megabank in 2018

FAB celebrates successful first year.
April 2nd, 2018 - 10:16 GMT

First Abu Dhabi Bank Celebrates Successful First Year

The Percutaneous Nephroscope is the first of its kind to be made available in the kingdom of Bahrain which will enhance kidney stone removal without resorting to surgical procedures.
April 2nd, 2018 - 04:50 GMT

CrediMax Bahrain Donates to King Hamad University Hospital

As part of the second phase, the Boursa Kuwait Rulebook, which can be found on the website, will also be modified.
April 2nd, 2018 - 04:39 GMT

Boursa Kuwait Announces Second Phase of Market Development

Jasim Al Ali, CEO of FAB Properties
April 1st, 2018 - 06:58 GMT

First Gulf Properties Officially Launches as FAB Properties

This decision was issued following a series of market enhancements introduced by Tadawul and the Capital Market Authority (CMA) over the past two years.
March 29th, 2018 - 09:55 GMT

Saudi Stock Exchange Joins FTSE Global Equity Index Series

The bank closed the financial year 2017 confirming a strong financial and operational position locally and regionally.
March 28th, 2018 - 11:27 GMT

Burgan Bank Holds Annual General Assembly Meeting and 2018 Shafafiyah Forum

The Meeting Continued by Discussing the Agenda of the Ordinary General Assembly.
March 28th, 2018 - 10:19 GMT

Bahrain Islamic Bank Convenes Its Ordinary and Extraordinary Meeting for the Year 2017

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