The restructure follows the appointment of Abdulhamid Saeed as governor in April
The exchange in the capital of the United Arab Emirates is close to setting up a central clearing house
The capital raised by the sukuk will be used for general corporate and growth purposes including refinancing debt
Investing requires a long-term approach to yield better results, opines entrepreneur and investor Shailesh Dash in his new series
As Covid-enforced social distancing measures became commonplace, Bahrainis turned increasingly online to conduct financial services
The stock exchange is planning to complete its own share sale within the next 24 months
The key for investors is to find the asset mix that not only improves their returns, but more-so their decision-making process
It covers the payment of instalments and interests over the period from January 1 to December 31, 2020
These offers include a reduction on the profit rate and pricing discounts on some of the bank’s financial products
The stimulus package aims to support small and medium enterprises and a number of strategic sectors
These four financial moves can help tide you through challenging times
There are more than 70 listed banks in the six-nation Gulf Cooperation Council
The Central Bank of the UAE has said that the support provided to non-profit organisations is expected to increase in 2020
The directive had introduced new measures for employees and businesses related to their workforce
With regional businesses now allowed to return back to offices, how are they handling the transition?
The facility is a first step towards implementing the new Dirham Monetary Framework announced earlier this year
At the start of the year, it was valued at $4.1bn
MidChains is expected to launch trading operations in 2020, subject to FSRA approval
DFM had announced the temporary closure of the premises on March 16 in the wake of the Covid-19 pandemic
The fund will provide in-kind services including marketing and advertising support across platforms of Motivate’s leading titles
Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012
The listings consist of a 10-year issuance of $1bn and two issuances of $750m each
The new law will cement the centre’s position as well as enhance its data protection practices
There is a total of $71.09bn sukuk now listed on the exchange
The payment was made using funds from asset sales, dividend payments and the delisting of port operator DP World
SMBC Nikko’s overseas operations earned $143m before taxes in the year ended March
The stockpile climbed by about SAR3bn ($800m) to reach $445bn
The KSE 100 index, which dropped after news of the attack, gained 0.1 per cent at 11.40am in Karachi
Sheikh Mohammed and Sheikh Hamdan paid tribute to the founder of the world’s first Islamic bank
The AAA-rated sustainability sukuk is the first Covid-19 related sukuk in the global capital markets