In an exclusive one-on-one, Jordan Kuwait Bank Chairman Abdul Karim Kabariti outlines his bank’s strengths and weaknesses, and explains how he plans to take the Kingdom’s third largest lender to the next level. By Dina Al-Wakeel Under the 20-year stewardship…
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today released the quarterly investment banking analysis for the Middle East region. According to estimates from Thomson Reuters / Freeman Consulting, Middle Eastern investment banking fees reached US$178.2…
Omdurman National Bank (ONB), the multi-award-wining and the first bank in Sudan to introduce distinguished and modern banking technologies, has gone live with the awards winning solution ICS BANKS® ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and…
Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The long anticipated issuance is expected to rake in some JD400 million to finance real estate projects, a source familiar with the topic…
With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…
With the release of a 500-page manifesto aimed at solving Jordan’s economic problems, the Muslim Brotherhood wants to be known for more than just its efforts to Islamize the society. But how convincing is its economic vision? By Elisa Oddone…