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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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The invitation-only Future Investment Initiative (FII) will be held in Riyadh on October 24-26.
October 18th, 2017 - 10:17 GMT

Sovereign Wealth Fund Chiefs to Gather in Riyadh on October 24-26

Ahmadi Music Group is one of Kuwait’s most prestigious music and arts organizations. (Courtesy of Ahmadi Music)
October 18th, 2017 - 08:32 GMT

Burgan Bank Sponsors Kuwaiti Ahmadi Music Group’s Performances for 2017-18

The company will play a key role in achieving the strategic goals of Vision 2030.
October 17th, 2017 - 11:53 GMT

Saudi Arabia’s PIF to Establish Saudi Recycling Company

Abdulmohsen Al-Fares, CEO of Alinma Bank
October 17th, 2017 - 11:47 GMT

Alinma Bank Net Profit Surges 74 Percent in Q3 2017

Mashreq is one of the leading financial institutions in the UAE.
October 17th, 2017 - 11:42 GMT

Mashreq Posts a 12 Percent Growth in Nine-Month Net Profits for 2017

Omar Alghanim, Gulf Bank Chairman
October 17th, 2017 - 10:28 GMT

Gulf Bank Records an Increase of 10 Percent Y-O-Y in Net Profit for the First Nine Months of 2017

Dareen Zoughbi and Jack Muhs During the signing
October 17th, 2017 - 09:46 GMT

Fedex Express Joins AmCham Abu Dhabi Women Achieve Initiative to Promote Career Progression for Women

Gulf Bank
October 17th, 2017 - 08:05 GMT

Fitch Ratings Upgrades Gulf Bank’s Viability Rating to bb+ from bb

Qatar Development Bank (QDB) led a delegation of Qatari businesses to Sao Paulo to participate in a series of networking events.
October 16th, 2017 - 10:52 GMT

Qatar Development Bank Visits Brazil to Boost Bilateral Trade

National Bank of Fujairah
October 15th, 2017 - 09:24 GMT

National Bank of Fujairah to Showcase Its Leading Trade Expertise for Rough Diamonds in Dubai’s Diamond Conference 2017

First Abu Dhabi Bank has been named the 'Safest Bank in the Middle East.'
October 15th, 2017 - 08:41 GMT

FAB Recognised as Safest Bank in the UAE and the Middle East

The global market in drone solutions for the power and utilities industries is worth as much as $9.46 billion, according to a report by PwC.
October 15th, 2017 - 07:40 GMT

Drone Solutions Market for Power, Utilities Industries Worth $9.46 Billion, Says PwC

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