Banking & Insurance

Banking & Insurance, Financial, Saudi Arabia
Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base

Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen…

Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base
Banking & Insurance, Dubai, Egypt, Financial
Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million

Egypt's Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million Egypt's Contact Financial Holding…

Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million
Banking & Insurance, Egypt
EFG Hermes has finished issuing securitized bonds worth $13.5 million for Valu

EFG Hermes has finished issuing securitized bonds worth $13.5 million for Valu Egypt's investment bank, EFG Hermes, has finished its 12th bond…

EFG Hermes has finished issuing securitized bonds worth $13.5 million for Valu
Banking & Insurance
Al Rajhi Bank’s net profit increased by 22.8% in the third quarter to $1.4 billion due to higher operating income

Al Rajhi Bank's net profit increased by 22.8% in the third quarter to $1.4 billion due to higher operating income Saudi Arabia-based…

Al Rajhi Bank’s net profit increased by 22.8% in the third quarter to $1.4 billion due to higher operating income
Bahrain, Banking & Insurance
Bahrain’s GFH has issued five-year Islamic bonds (sukuk) worth $500 million, attracting strong interest from international investors

Bahrain's GFH has issued five-year Islamic bonds (sukuk) worth $500 million, attracting strong interest from international investors GFH Financial Group, based in…

Bahrain’s GFH has issued five-year Islamic bonds (sukuk) worth $500 million, attracting strong interest from international investors
Banking & Insurance, Financial, Saudi Arabia
Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its operations

Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its…

Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its operations
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MOST READ

For June, 2024

  1. Egypt’s Non-Oil Private Sector Declines Again in August
  2. Binghatti Holding’s $500M Sukuk Debuts on Nasdaq Dubai, Raising Total Listings to $1B
  3. Qatar Investment Authority Backs Anthropic in $13B Funding, Startup Valued at $183B
  4. Saudi Retailer Jamjoom Fashion Sets IPO Price Range, Aims to Raise $92M
  5. Sheikh Mohammed Bin Rashid Announces UAE Cabinet Changes, Names Ahmed Al Sayegh as New Health Minister
  6. How Gulf States Turn Heritage Into a Business Strategy
  7. Egypt Signs $340M Oil and Gas Deals, Plus Solar Energy Project
  8. Iraq, Kuwait Move Forward in Talks on Shared Oil Fields
  9. Abu Dhabi Fund to Invest $1.5 Billion in GLP’s Digital Growth