KIB joins Visa Ready as the first Bank in Kuwait for Fintech Enablement
Kuwait
Kuwait International Bank (KIB), a Sharia-compliant Kuwaiti Bank, announced today that it has joined the Visa Ready for Fintech Enablement program in an effort...
Qatar Financial Markets Authority issues a Resolution to Establish a Single Window Committee for the Capital Market
Qatar
The Qatar Financial Markets Authority issued a resolution to establish a “Single Window Committee for the Capital Market” with the goal of reducing time...
UzOman invests in ZOOD
Oman/Uzbekistan
UzOman (Uzbek Oman Investment Company), a joint investment venture between Sovereign Wealth Funds Oman Investment Authority (OIA) and the Uzbek Fund for Reconstruction...
Halal Economy Thrives as Product Demand from Muslims and non-Muslim Nations Surges
Saudi Arabia
Frost & Sullivan's recent analysis, Global Halal Economy Growth Opportunities, finds that the halal economy is experiencing an upward trend as the...
World of Statistics List Reveals 15% of Kuwaitis as Millionaires
Kuwait
In a recent report by the World of Statistics, Switzerland has emerged as the global leader in terms of the proportion of millionaires in...
Islamic Coin ($ISLM) Launched, Providing Halal Cryptocurrency for the Global Muslim Population
UAE
According to a report from Arabian Business, the public launch of the new token took place in May. $ISLM operated on the Haqq blockchain,...
