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Banking and Finance

Banking and Finance latest

Ajman Bank and BHM Capital Sign Partnership Agreement to Launch an Equity Financing Program
November 13th, 2025 - 04:31 GMT

Ajman Bank and BHM Capital Sign Partnership Agreement to Launch an Equity Financing Program

Ajman Bank, one of the leading Islamic banks in the UAE, has announced the signing of a partnership agreement with BHM Capital, a leading financial institution in the UAE capital markets, to launch a new Equity Financing Program. The initiative aims to facilitate investor access to local capital markets through innovative and Sharia-compliant financing and investment solutions. Under this program, investors will be able to benefit from financing facilities provided by Ajman Bank to purchase Sharia-compliant shares listed on the local capital markets, while BHM Capital will execute the clients’ ...
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This year’s Al Kanz Scheme will see 4 customers win a total of OMR 1 Million, giving away double the prize money of the 2018 scheme.
January 29th, 2019 - 11:59 GMT

National Bank of Oman Launches Revamped Al Kanz Savings Scheme With Omr3.251m Prize Money

The currency will be used in financial settlements between the two countries. (Shutterstock)
January 29th, 2019 - 10:55 GMT

Saudi Arabia, UAE to Launch First Common Digital Currency ‘Aber’

The Islamic Republic is about to launch its own state-backed cryptocurrency. (Shutterstock)
January 29th, 2019 - 09:10 GMT

Iran to Unveil Its Own State-Backed Cryptocurrency This Week

Bank Nizwa continues to obtain awards from the global finance market for its fully-fledged range of Shari’a-compliant solutions.
January 29th, 2019 - 08:52 GMT

Bank Nizwa Voted ‘Best Islamic Bank in Oman’ in the Islamic Finance News Best Banks Poll 2018

Total property portfolio value stands at USD 456 million as at 31st December 2018.
January 29th, 2019 - 06:28 GMT

ENBD REIT Announces Q3 NAV of USD 1.11 per Share, Proving Resilient to Market Headwinds

During the event
January 28th, 2019 - 10:07 GMT

National Bank of Fujairah Bolsters Commitment to Emiratisation During Participation at Tawdheef 2019

The UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

During the event
January 28th, 2019 - 08:24 GMT

Al Etihad Credit Bureau and Visa Sign MoU to Promote Financial Literacy in the UAE

Bank of Sharjah's 9-month 2018 profits grew 13 per cent to Dh301 million, surpassing its 2017's full-year profit of Dh265 million. (Shutterstock)
January 27th, 2019 - 12:16 GMT

After Being Suspended by ADX, Bank of Sharjah Shares Resume Trading

During the event
January 27th, 2019 - 11:56 GMT

Over 320 Participate in OAB’s Innovation Hub Competition

During the event
January 27th, 2019 - 10:04 GMT

Boursa Kuwait Signs MoU With Kuwait College of Science and Technology to Promote Boursa Academy Online

The lender's shares were last trading at Dh0.999 per share on Abu Dhabi Securities Exchange. (Shutterstock)
January 27th, 2019 - 07:37 GMT

UAE Suspends Share Trading in One of Its Main Local Banks

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