Dubai Takaful Emarat Announces Dh185 Million Capital Increase
Takaful Emarat Insurance Company, a key player in the UAE’s insurance market, recently announced a significant capital increase of AED 185 …
Middle East
NDMC Concludes June Sukuk Issuance at SAR 4.4 Billion
The National Debt Management Center (NDMC) announced on June 25 the successful closure of its June 2024 issuance under the Saudi Arabian Government …
Malaysia Boosts Halal Tourism with Visa-Free Entry for Qatar, Saudi Arabia, UAE, India, and Indonesia
Halal tourism, also known as Muslim-friendly tourism, is rapidly growing as destinations worldwide adapt to the needs of Muslim travelers. With the …
Gulf Bank Reaffirms Commitment in Regional Capital Markets at 2024 Middle East Bonds & Sukuk Conference
Gulf Bank has made a significant move to strengthen its influence in regional capital markets by participating in the prestigious Middle East Bonds, …
24 Killed in Israeli Attacks on Gaza, Including 10 Aid Workers
The war on Gaza continues to wreak havoc, causing immense casualties and a dire humanitarian crisis. Recent Israeli airstrikes have significantly …
Oman Energy Development Announces 7-Year Sukuk Offering
State-owned Energy Development Oman (EDO) is gearing up for a major financial initiative with the launch of a U.S. dollar-denominated 7-year sukuk …
Why Should We Boycott Indian Goods?
In recent times, there have been increasing calls from Muslims in the Arab world and around the globe to boycott Indian goods. This movement gained …
BankDhofar Empowers Women with Dedicated Ladies Banking
BankDhofar, a leading financial institution in the Sultanate of Oman, reaffirms its dedication to financial inclusion and women’s empowerment …
Silal Opens UAE’s Largest Food Distribution Facility at KEZAD in Abu Dhabi
Abu Dhabi’s leading agri-food and technology company, Silal, has made a significant advancement in enhancing the UAE’s food security and …
Discover These 5 Unmissable Attractions “First-Time in Abu Dhabi
Abu Dhabi, the capital of the United Arab Emirates, is renowned for its futuristic architecture, rich cultural heritage, and luxurious experiences. As …
Sharjah Islamic Bank – Credit Ratings Affirmed
In a notable update, Capital Intelligence Ratings (CI Ratings) has reaffirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign …
Devastating Hajj Heatwave Claims Over 1,000 Lives, Hundreds Still Unaccounted For
This year’s Hajj pilgrimage has been tragically impacted by a severe heatwave, resulting in nearly 500 confirmed fatalities and raising fears …
AATB Partners with Tunisia Africa Business Meeting to Boost Economic Growth and Food Security
The Arab-Africa Trade Bridges (AATB) Program is gearing up for its 4th Board of Governors (BoG) Meeting and the 11th Executive Committee (EC) Meeting …
Top 8 Reasons to Go for Umrah After Hajj 2024
The pilgrimage to Mecca, known as Hajj, is a pivotal event in the life of a Muslim, symbolizing spiritual renewal and deepened faith. However, another …
Pilgrims Conclude Hajj with Stoning of the Devil and Circling the Kaaba
Each year, Muslim pilgrims complete the sacred Hajj pilgrimage in Mina, Saudi Arabia, amidst the blazing summer heat. This pillar of Islam is a …
Hajj Pilgrimage Ends in Saudi Arabia as Makkah hits 51.8°C
Amid a severe heat spike in Makkah, Saudi Arabia has issued an urgent warning as Muslim pilgrims conclude this year’s Hajj pilgrimage under …
Over 550 Hajj Pilgrims Die Amidst Soaring 50°C Temperatures
This year’s Hajj pilgrimage to Makkah, Saudi Arabia, has been severely impacted by extreme heat, leading to the tragic deaths of several dozen …
ADIB Reaches 1 Million Users on Its Mobile Banking App
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has recently celebrated a significant digital milestone: surpassing one …
Arada Secures $400M Sukuk, Oversubscribed by 3.5 Times
Sharjah-based real estate developer Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully issued its second public …
Saudi Arabia’s Islamic Arts Biennale Announces 2025 Opening Date
The highly anticipated second edition of Saudi Arabia’s Islamic Arts Biennale will commence on January 25, 2025, organizers announced. This unique …
Balad Falafel Introduces Halal Cart to Orange County in the US
Waiting in line on a recent afternoon, the fragrant aroma of fresh falafels from the Balad Falafel cart wafted through the air, overpowering even the …
Five Guys Launches Largest UAE Branch at Dubai International Airport
Five Guys, the beloved American burger chain, has expanded its global footprint by opening its largest branch in the United Arab Emirates at Dubai …
Saudi Arabia to Host Brazil Investment Summit, Plans $15B Investment
Saudi Arabia is poised to make a significant financial commitment to Brazil, as revealed during an investment summit held this week in Rio de Janeiro. …
Awqaf Minister Tours Qatar’s Hajj Camps in Holy Areas
In preparation for the Hajj season AH 1445, HE Ghanem bin Shaheen Al Ghanim, the Minister of Endowments (Awqaf) and Islamic Affairs and head of the …