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Islamic Finance

Bank ABC Islamic announces 2021 year-end net profit to US$29.9 million

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Bank ABC Islamic has announced its financial results for the year ending 31 December 2021. The Bank delivered strong performance in 2021, closing the year...
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Banking & Finance

GFH Financial Group launches GCC $100 million Sukuk Fund

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

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

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

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

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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...
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Technology

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

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

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

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

Improved Composure

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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...
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From The Magazine

The Great Lakes

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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...
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Editors pick

SAIB taps Moneythor to roll out intelligent Personal Financial Management

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

Interest rates are on their way up, but slowly

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