A banking pioneer that embraces cutting-edge technologies, ila Bank's keen understanding of its customer needs is complemented by AFS's agility in delivering the solutions of choice that clients and end-users demand

Press Release - 21 Dec 2021

IIFM and ISDA publish the IBOR Fallback Bilateral Amendment Agreement and IBOR Fallback Definitions Booklet

IIFM and ISDA have also published an ISDA/IIFM Shari'ah-Compliant Bilateral Amendment Agreement template to enable institutions to agree with their counterparties to incorporate the fallbacks for existing Islamic hedges

Press Release - 14 Dec 2021

Arab Bank launches the new version of Arabi Mobile App in Bahrain

The launch of the new version of the application comes as part of Arab Bank's constant efforts to deploy the latest digital banking solutions, offering its customers a seamless banking experience

Press Release - 29 Nov 2021

Emirates Islamic successfully closes US$ 500mln Sukuk issuance

The landmark issuance, rated A+ by Fitch, is listed on NASDAQ Dubai and Euronext Dublin's Regulated Market. Investors showed strong appetite which resulted in an order book that peaked at USD$ 1.2 billion, which was 2.4 times the issuance size

Press Release - 14 Nov 2021

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UAE participates in 7th Annual Meeting of Arab Finance Deputies

The meeting was attended by Arab finance deputies, as well as experts from the International Monetary Fund

WAM (Emirates News Agency) - Thursday 20 January 2022

Network International trading update

Network International's FY21 revenue ahead of market expectations. Domestic and international consumer spending recovery in Jordan and UAE help drive growth

Press Release - Thursday 20 January 2022

ECB accounts reveal divisions on inflation outlook

ECB cut the amount of stimulus it is pumping into the euro zone economy at the meeting but extended its bond-buying until at least late 2022

Reuters News - Thursday 20 January 2022

UAE Central Bank Governor meets Yemeni counterpart

During the meeting, the two sides discussed the co-operative bilateral relations

WAM (Emirates News Agency) - Thursday 20 January 2022

DHA awards SALAMA the Participating Insurer status

SALAMA's selection as a Participating Insurer is following a thorough evaluation by DHA, which assesses the insurer's ability to provide affordable insurance coverage, handle large volume of business, and deliver a high level of operational efficiency and customer service

Press Release - Thursday 20 January 2022

All Financial Services News

Egypt's payments platform Fawry explores US listing

Company also plans to raise $50.9mln through a rights issue

ZAWYA - 10 hours ago

Gold pauses for breath after rallying to two-month highs

Spot gold was last up 0.1% at $1,840.96 per ounce

Reuters News - 14 hours ago

OPEC daily basket price stood at $88.50 a barrel Wednesday

Compared with $88.08 the previous day

WAM (Emirates News Agency) - 14 hours ago

UAE Cabinet approves restructuring of Securities and Commodities Authority's Board of Directors

The decision is part of developing the system and workflow in the federal government in support of the UAE’s vision, and enabling the Securities and Commodities Authority to perform its plans and roles in promoting the performance of the financial markets in the country

WAM (Emirates News Agency) - 14 hours ago

Sterling holds close to 23-month high versus euro

Sterling was flat at 83.33 pence per euro, within striking distance of a 23-month high at 83.13 hit on Wednesday

Reuters News - 14 hours ago

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Stocks	Last Price	% Change
ALAHLI UNITED BK	0.930 USD	-0.53
BBK	0.531 BHD	0.19
NATL BANK BAH	0.660 BHD	0.00
BAH COMM FAC	0.490 BHD	0.00
ARAB INS GROUP	0.465 USD	0.00

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Investor	Holding	No. of Shares	Last Update

Arab Banking Corporation (B.S.C.) (ABCB.BH)

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