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GFH Financial Group launches GCC $100 million Sukuk Fund

GFH Financial Group (GFH) has announced that is has launched and seeded a $100 million sukuk fund which holds a diversified portfolio of sukuk...

Al Hamra divests Al Hamra Mall to Aldar Properties for AED 410 million

Al Hamra, the leading real estate development and investment company in Ras Al Khaimah, has divested one of its flagship retail assets, the Al...

Standard Chartered Bank reports its highest operating profit since 2015 in the Africa and Middle East region.

Standard Chartered PLC today released its financial results for the full year and fourth quarter ending 31 December 2021. See link here In the Africa...

CCA Bank in Cameroon and FSS partner to deliver superior ATM services

FSS Technologies, a global provider of integrated payment products and a payments processor, announced that Crédit Communautaire d ‘Afrique (CCA) Bank, a leading bank...

Daman Investments mandated for a 400 million Dirhams shariah compliant fixed income strategy from a UAE based institution

Daman Investments has been mandated  a sharia compliant fund with an Assets Under Management (AUM) of USD 105 Million (AED 400 Million) from a...

Improved Composure

What is top of mind for regional banking leaders at the moment?  In a word, ‘experience’ is top of mind for regional banking leaders. Banks were...

The Great Lakes

As a regional leader in banking technology, what has been at the top of your mind in the past year?  Just few years back, banks...

SAIB taps Moneythor to roll out intelligent Personal Financial Management

In alignment with KSA Vision 2030 and as part of the responsibility of The Saudi Investment Bank (SAIB) to encourage a saving culture among...

Interest rates are on their way up, but slowly

Across the world, interest rates are on their way up. The trigger is high inflation. Boosted by supply chain tensions, rising energy prices and...

Nasdaq Dubai welcomes listing of US$ 750 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of a US$ 750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year...

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