The value of Chinese yuan deposits held by the Taiwanese banking system plummeted to reach the lowest level in more than nine Read More
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Dubai Islamic Bank Achieves 47% Growth in Total Income in Q1-2023
Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Thursday announced a 47% increase in total income to $1.2 billion for the Read More
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Shariah-compliant crypto Islamic Coin Aims to Exceed Bitcoin’s $1 Trillion Valuation
Emerging Shariah-compliant cryptocurrency Islamic Coin (ISLM) aims to exceed Bitcoin’s (BTC) $1 trillion valuation.Read More
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Stanchart and IFC Renew Commitment to Boost Global Trade by up to $6 Billion
Standard Chartered (Standchart) and the International Finance Corporation (IFC) have announced the signing of a $700 million investment in the IFC’s Global Read More
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Profits of GCC Companies Register Record Growth in 2022
Listed companies in the Gulf Cooperation Council (GCC) reported another record aggregate profits during 2022 with growth seen almost across all the six Read More
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Ethmar International Holding and Ajman Bank Sign Strategic Partnership Deal
Ethmar International Holding and Ajman Bank Sign Strategic Partnership DealRead More
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Ahli Bank Rejects Merger Offer from Bank Dhofar in Oman
Two days after receiving a proposal from Sultanate’s second biggest lender Bank Dhofar, Oman’s Ahli Bank has rejected the non-binding Read More
