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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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International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh
June 11th, 2020 - 11:26 GMT

International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh

Technology, Digital Strategies Will Power MEA’s Recovery and Create New Economies
June 11th, 2020 - 08:47 GMT

Technology, Digital Strategies Will Power MEA’s Recovery and Create New Economies

Tata Asset Management Inaugurates Regional Office in DIFC
June 11th, 2020 - 08:30 GMT

Tata Asset Management Inaugurates Regional Office in DIFC

Mubadala Investment Company Releases  2019 Annual Review
June 11th, 2020 - 07:50 GMT

Mubadala Investment Company Releases 2019 Annual Review

WPP Appoints Angela Ahrendts DBE to the Board
June 11th, 2020 - 06:09 GMT

WPP Appoints Angela Ahrendts DBE to the Board

UAE: 72 Percent of B2B Invoices Is Overdue
June 11th, 2020 - 06:00 GMT

UAE: 72 Percent of B2B Invoices Is Overdue

Investcorp Founder Nemir Kirdar Passes Away
June 10th, 2020 - 10:30 GMT

Investcorp Founder Nemir Kirdar Passes Away

Accounting is Evolving and You Should Too
June 10th, 2020 - 10:00 GMT

Accounting is Evolving and You Should Too

UAE: US Bank Acquires 1.51 Percent Stake in Dubai's Largest Bank
June 10th, 2020 - 09:30 GMT

UAE: US Bank Acquires 1.51 Percent Stake in Dubai's Largest Bank

Dubai Islamic Bank successfully closes landmark USD 1 billion Sukuk
June 10th, 2020 - 08:11 GMT

Dubai Islamic Bank Successfully Closes Landmark USD 1 Billion Sukuk

Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings LLC
June 9th, 2020 - 12:50 GMT

Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings LLC

UAE: Banks to Layoff 10-15 Percent of Workforce
June 9th, 2020 - 08:00 GMT

UAE: Banks to Layoff 10-15 Percent of Workforce

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