Finance Top StoriesSaudi Vision 2030: Kingdom’s Islamic finance reforms get thumbs up from Moody’sGBO CorrespondentSeptember 25, 2023 GBO CorrespondentSeptember 25, 2023 As Saudi Arabia's economic growth accelerates, it will benefit the Islamic finance...
Economy Top StoriesSukuk issuance to drop in 2023 as Gulf economies thrive, states Moody’sGBO CorrespondentSeptember 14, 2023 GBO CorrespondentSeptember 14, 2023 Sukuk offers privileged access to the Gulf region, where significant financial reserves...
Economy Top StoriesEgypt’s GDP to expand by 4% in FY2023/24: World BankGBO CorrespondentApril 13, 2023April 13, 2023 GBO CorrespondentApril 13, 2023April 13, 2023 The analysis estimates that between USD 2.64 billion and USD 4.55 billion...
Banking and Finance Top StoriesSRC gets recognition for contribution to Kingdom’s financial sectorGBO CorrespondentFebruary 20, 2023 GBO CorrespondentFebruary 20, 2023 SRC established its local Sukuk programme guaranteed by the government, denominated in...
Islamic Banking Top StoriesIslamic Development Bank raises $1.7 bn through Islamic bond sale on NASDAQ DubaiGBO CorrespondentOctober 27, 2021 GBO CorrespondentOctober 27, 2021 IsDB is now the largest Sukuk issuer on Nasdaq Dubai with a...
Top StoriesSABB completes Tier II SAR-denominated Sukuk offeringGBO CorrespondentJuly 24, 2020 GBO CorrespondentJuly 24, 2020 Each Sukuk will value SAR 1 mn...
Top StoriesFAB raises over Dh3 bn in its first Sterling bond, Kangaroo bondGBO CorrespondentFebruary 17, 2020 GBO CorrespondentFebruary 17, 2020 The two bonds will be listed on London Stock Exchange and Australian...
Finance Top StoriesIslamic banking sector in Turkey set for quick expansionGBO CorrespondentJanuary 28, 2020 GBO CorrespondentJanuary 28, 2020 Since 2014, the Turkey has established three new government-controlled Islamic banks that...