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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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The deterioration of relations between Turkey and credit rating agencies will make life harder for both investors and the nation.
September 25th, 2014 - 03:55 GMT

Why Turkey's 'tense' relations with rating agencies is damaging

Bank Audi, the largest Lebanese bank in terms of assets and deposits, operates in 13 countries.
September 24th, 2014 - 11:36 GMT

Lebanon's Bank Audi increases capital by $300 million

Al Bawaba
September 24th, 2014 - 08:36 GMT

10th Annual Sanabel Conference in Dubai to discuss regional microfinance trends and opportunities amid challenging times

Al Bawaba
September 24th, 2014 - 07:46 GMT

Al Ansari Exchange announces its latest promotion for money transfer to Arab countries

Al Bawaba
September 23rd, 2014 - 12:48 GMT

A plethora of trial errors and excluded evidence: Arab Bank to appeal liable verdict on supporting Hamas by New York court

Al Bawaba
September 23rd, 2014 - 11:37 GMT

Al Hilal Bank turns over second 2015 Audi 8 prize under annual savings promo

Al Bawaba
September 23rd, 2014 - 10:21 GMT

NBAD launches Shariah Dividend Fund

 A positive response from bank customers to use their Emirates ID cards as ATM cards proves the UAE’s residents’ keenness to adopt latest technologies without any apprehension.
September 23rd, 2014 - 03:55 GMT

UAE residents can now use ID's as ATM cards

The move has been a long time coming. Saudi authorities have slowly unrolled a plan to liberalise the market spanning a decade, and pursued a long- term reform agenda.
September 22nd, 2014 - 03:55 GMT

An impending frenzy? Liberalization of Saudi stock market to usher 'new era' in GCC investments

Al Bawaba
September 22nd, 2014 - 03:55 GMT

Dubai World to restructure $25 billion debt 'soon'

Al Bawaba
September 21st, 2014 - 05:53 GMT

Standard Chartered to organise its Second UAE National Job Fair

Al Bawaba
September 21st, 2014 - 04:55 GMT

Eyes on the Cityscape: Mongolia, out of all places, is set to woo Middle East investors

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