Funds
MENA gets $4.75bln as support in fiscal 2021 from World Bank
The Covid-19 pandemic has wreaked havoc and has taken a devastating toll on people across Mena....
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Abu Dhabi’s ADIO $545mln Innovation Programme to support three tech firms
As part of the state-run Abu Dhabi Investment Office (ADIO) AED 2 billion ($545 million) Innovation...
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The rise in ESG investing to spur demand for green Sukuk
Investing that prioritizes environmental, social and, governance (ESG) issues is rapidly refurbishing the financial landscape of...
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US and Jordan sign a cash grant deal of USD 600M
The Jordanian government and the government of the United States have signed an important agreement, according...
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Dahab Development’s ÂŁE700 million ITC Mall is set to open in the New Administrative Capital
A leader in the construction and real estate industry, Dahab Development is a highly acclaimed developer...
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ADIB – Egypt decides establishment of Sukuk Company with an authorized capital of EGP 100 million by the end of 2021
Abu Dhabi Islamic Bank-Egypt announces the establishment of Abu Dhabi Islamic Sukuk Company by the end...
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HDC launches GO Halal with a RM100 million fund portfolio
Bank Islam Malaysia and the Halal Development Corporation (HDC) have launched an SME Finance program GO...
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Pakistan secures USD 4.5 billion financial aid from ITFC for fuel imports
Pakistan secures financial aid from Jeddah-based Islamic Trade Finance Corporation (ITFC) worth USD 4.5 billion for...
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Kuwait Finance House launches AT1 U.S. Dollar-denominated Sukuk sale
The first sharia-compliant bank in Kuwait - Kuwait Finance House, launched the AT1 bond sale with KFH Capital...
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Saudi’s Watheeq joins the innovative PropTech sector with a $26.7M fund
Watheeq Financial Services commenced a Venture Capital Proptech Fund of about $26.7 million (SAR 100 million)....
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