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Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, arranged a 200 million-dirham ($54.5 million) financing facility for International Capital Trading.
The Islamic facility is to fund a real-estate project, the bank said today in an e-mailed statement. International Capital Trading is a private investment company based in Abu Dhabi.
Abu Dhabi Islamic Bank said on Monday it plans to hold a board meeting on October 22 to discuss and approve its third-quarter results.
The meeting will discuss ordinary corporate matters tha
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has partnered with StartUp Academy on an event to apprise small and medium-sized enterprises (SMEs) of how they can harness the latest
Abu Dhabi City Guide
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the Emirate, said it is planning to earmark significant financial resources on digital technology this year as banks in the UAE race to
AFS, the region’s leading FinTech enabler, and payment services provider, and Al Salam Bank-Bahrain, one of the pioneering Shari’a-compliant banks in the Kingdom, signed an MOU to roll out a Digital
Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the go
Oman Arab Bank (OAB) has officially opened their new flagship branch located in Qurum. The new branch relocated from its previous location in the Al Araimi complex to a more prominent and easily acce
Times of Oman
Izdihar Real Estate Fund (Izdihar), managed by Bank Muscat, has announced the acquisition of a prime property in the Wilayat of Buraimi. The Buraimi Mall is the only mall of its kind in Buraimi offe
Times of Oman
Nakilat recorded a net profit of QR607m for the first nine months of the year, compared to QR749m reported a year ago.
The lower profit was mainly attributed to the effect of changing the es