Saudi-based International Trade Finance Corporation (ITFC) will team up with US fund manager Federated Investors to launch a sharia-compliant trade finance fund.
The fund, which...
A standing committee of Saudi Arabia’s leading regulator has issued a statement reiterating the ban on the use of cryptocurrencies such as Bitcoin.
The statement...
Dubai-based independent gas company Dana Gas has completed the restructuring of its controversial $700 million sukuk.
The restructuring was necessary after Dana Gas withheld the...
Dubai’s efforts to undergo a digital transformation have stimulated foreign direct investment, according to a report from the Department of Economic Development (DED).
Since 2015,...
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired...
Companies from across the custody, asset management and administration sectors convened in Cape Town to discuss topics such as market growth, disruption and cyber...
Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by...
A European Union blacklist of 17 countries that “fail to meet agreed good governance standards” includes both Bahrain and the UAE.
Neither country had committed...
The Saudi Arabian stock exchange has tasked Nasdaq with revamping its post-trade infrastructure including registry, depositary and risk management functions.
The overhaul, which replaces a...
