The International Islamic Financial Market has published its 6th Sukuk Report, containing data on recent issuance and sukuk structures.
Eid el-Fitr is the Muslim holiday that marks the end of the month of Ramadan. The first day of the Eid (which means 'festival' in Arabic) was due to be either Sunday 25 June or Monday 26 (depending on the movement of the moon), and the ensuring holiday (when offices in Muslim countries are closed) lasts several days. The number of days differs from country to country.
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By Trita Parsi. Published by Yale. £25.00 This is a magnificent book that describes the negotiations that led to the Joint Comprehensive Plan of Action (JCPOA) that was agreed between Western powers and Iran in July 2015. Along the way, the book charts the troubled relationship between the United States and Iran since the 1990s, the tightening of the western sanctions regime on Iran,...
The Arab Bankers Association is working with In Focus Broadcasting to make this groundbreaking new programme for the Arab banking sector to create content and a voice recognising the major themes in the banking the financial services sector in the Arab world and beyond.
There have been several recent new appointments at the top of Arab banks in London: Jordan Islamic Bank, National Bank of Abu Dhabi and Ahli United Bank have new CEOs in London.
Our round-up of Middle East financial news includes notes on the Saudi-isation of insurance selling in the Kingdom, Algeria's financial difficulties, Morocco's plans to float its local currency, Egyptian inflation, and the DIFC's efforts to attract Trust and Foundation business.