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Banking and Finance

Banking and Finance latest

ADX Welcomes Pioneering GCC Shariah Dividend ETF, Expanding the Region’s Most Active ETF Market
June 24th, 2026 - 04:35 GMT

ADX Welcomes Pioneering GCC Shariah Dividend ETF, Expanding the Region’s Most Active ETF Market

The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year. Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant[1] equities across the Gulf Cooperation Council (GCC). The listing marks the 24th ETF on the ADX, further cementing the exchange’s position as the most active and liquid ETF hub in the Middle East. This launch is the latest milestone in opening access to the GCC’s rapid economic ...
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Ms. Dalal Al-Dousari, Gulf Bank’s Assistant General Manager of Investor Relations
October 23rd, 2017 - 08:56 GMT

Moody’s Affirms Gulf Bank’s A3 Rating and Stable Outlook

Bank al Etihad
October 23rd, 2017 - 08:47 GMT

Bank Al Etihad Opens New Salt Branch

FAB scoops three awards at Global Finance magazine’s 2017 Transaction Processing Awards
October 23rd, 2017 - 08:47 GMT

FAB Scoops Three Awards at Global Finance's 2017 Transaction Processing Awards

Nadim Najjar , Managing Director, MENA Thomson Reuters
October 23rd, 2017 - 08:02 GMT

Thomson Reuters and Bank Al Etihad Join Forces to Provide Startups in Jordan Access to Services & Funding

The bank's total net interest income and Islamic financing income was up 8 percent year-on-year.
October 23rd, 2017 - 07:52 GMT

Abu Dhabi Commercial Bank Reports Q3 2017 Net Profit of Dh1.092 Billion, up 9 Percent

National Bank of Fujairah
October 23rd, 2017 - 05:40 GMT

National Bank of Fujairah Q3 2017 Operating Profit Grows 11.9 Percent Reflecting Continued Focus on Quality Core Business

Mastercard
October 23rd, 2017 - 04:48 GMT

Embedding Tech in Every Conceivable Device: Mastercard Debuts on First Fortune Future 50

The partnership aims at promoting fintech and building a vibrant ecosystem in Abu Dhabi, and the UAE.
October 22nd, 2017 - 06:22 GMT

Abu Dhabi Global Market Partners With Abu Dhabi Commercial Bank to Enhance Fintech Ecosystem in Abu Dhabi

The overall opportunity for the Saudi market is estimated at $42 billion or about SR3 billion annually.
October 19th, 2017 - 09:30 GMT

Saudi Arabia’s PIF Launches SR1.9 Billion Company to Boost Energy Efficiency

Abu Dhabi National Insurance Company
October 19th, 2017 - 04:55 GMT

Abu Dhabi National Insurance Company International Enters UK Market

Velana International Airport in Malé.
October 19th, 2017 - 04:44 GMT

Abu Dhabi Fund for Development Allocates $50 Million for Development of Velana International Airport in Maldives

Bank Nizwa has launched a new Shari’a-compliant home finance solution. (Pictured here: Arif Al Zaabi, Acting Head of Retail Banking at Bank Nizwa.)
October 18th, 2017 - 11:05 GMT

Bank Nizwa Introduces Murabaha-Based Home Finance Solution

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