How is Bahrain’s Islamic finance shaping up?
It has the highest ‘concentration of Islamic financial institutions in the region’—and the most ‘comprehensive regulatory regimes for shariah-compliant activities in the world’...
Tag : Middle East
Saudi Arabia’s oil exports decline 62% in the second quarter
Oil exports amounted to $19.9 billion in Q2...
Oman Air to resume operations to 17 cities in 12 countries in October
The carrier will offer flights connecting Muscat to cities such as London, and Frankfurt in Europe...
Etihad now operates to 58 international destinations
The carrier added Casablanca and Rabat in the Morocco to its flight schedule...
UAE’s telecom regulator allocates new 5G frequency band
The frequencies allocated range between 24.25 - 27.5 GHz...
Abu Dhabi Islamic Bank launches third-gen eDirham cards
The cards are being launched in partnership with the Ministry of Finance...
Deutsche Bank to increase lending to commodity traders in the Middle East
The move is anticipated to double the size of its business in the region...
STC says no agreement with Vodafone to acquire its unit in Egypt
STC earlier signed a MoU to acquire a 55% stake in Vodafone Egypt...
Saudi Arabia considers introducing blockchain business passports
It will help the kingdom boost trade finance and cross-border trade...
Adnoc awards contracts worth $245 mn to upgrade oil lines
The contracts were awarded to China Petroleum Pipeline Engineering Company – Abu Dhabi and Target Engineering Construction...