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Banking and Finance

Banking and Finance latest

International Islamic Trade Finance Corporation (ITFC) Signs US$750 Million Framework Agreement with Djibouti to Finance Strategic Trade in the Horn of Africa
June 21st, 2026 - 05:12 GMT

International Islamic Trade Finance Corporation (ITFC) Signs US$750 Million Framework Agreement with Djibouti to Finance Strategic Trade in the Horn of Africa

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$750 million Framework Agreement with the Republic of Djibouti to guide trade finance cooperation between the two parties from 2026 to 2029. The agreement was signed on the sidelines of the IsDB Group Annual Meetings in Baku by H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance, in charge of Industry, and IsDB Governor for the Republic of Djibouti, and Eng. Adeeb Yousuf Al Aama, Chief Executive Officer, ITFC. Under ...
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Al Bawaba
October 9th, 2014 - 10:12 GMT

MoF and NBAD launch a range of e-Dirham smart applications during GITEX 2014

The total of the loan package has surged to $6.45 billion.
October 9th, 2014 - 03:55 GMT

Paying back the IMF only to borrow more? World Bank increases loan to Turkey by $2 billion

He added that the central bank will reimburse that sum in case the Qatari government requests the money back.Egypt's net international reserves inched up to $16.8 billion in August, but are expected to decline if Egypt returns the two deposits.
October 8th, 2014 - 02:20 GMT

Thanks, but no thanks: Egypt to return $500 million loan to Qatar

The two parties met in court for the first time this week for a hearing to discuss costs incurred in relation to the abandoned application, among other issues.
October 8th, 2014 - 12:07 GMT

The law does protect fools after all: Goldman Sachs ordered to pay legal costs to Libya for 'bad advice'

Al Bawaba
October 8th, 2014 - 08:14 GMT

NBAD & MasterCard announce winner of the 2014 International Spend Campaign

Al Bawaba
October 8th, 2014 - 06:22 GMT

Mashreq opens E Cube Retail Concept in Sharjah City Center

Al Hilal Bank
October 8th, 2014 - 04:52 GMT

Al Hilal Bank named Global Growth Company by World Economic Forum

Al Bawaba
October 8th, 2014 - 04:33 GMT

UAE Exchange Smart Pay organised HR Summit 2014

Abu Dhabi Commercial Bank
October 8th, 2014 - 04:22 GMT

ADCB awarded ‘Best Cash Management Bank in the UAE’ by Euromoney

Al Bawaba
October 7th, 2014 - 11:20 GMT

EU delegation commends Dubai Customs’ prominent role in IPR protection

Al Bawaba
October 7th, 2014 - 06:16 GMT

ADIB 5th sharia workshop discusses initiatives to support the growth of Islamic finance industry

Emaar Properties is now worth less than it was before the sale of 15 per cent of EMG in the IPO.
October 2nd, 2014 - 02:46 GMT

A qualified success: Emaar Malls IPO wipes $1 billion off Emaar's value on day one of trading

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