The banking sector in the country maintained strong capital adequacy, exceeding Basel 3 requirements, according to the Central Bank.
Irbid chamber industrial exports up
The value of certificates of origin issued stood at US$65m.
Almarai trust certificates raise $750m
The dollar-denominated certificates have annual return of 5.23%.
RAK Chamber members’ exports in Q2 2022 totaled $447m
The Ras Al Khaimah Chamber of Commerce and Industry issued its statistics for the second quarter of 2022, which showed that the value of exports of the chamber's members totaled $447 million.
Jordan’s exports from Jan-May 2022 hit $478 million
Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339 million, compared to JD248 million for the first five months last year. According to the ACC's statistical data announced on Sunday, the number of ACC certificates of origin issued during...
Ajman Chamber certificates of origin rise by 29 percent in 2021
The total number of certificates of origin issued by the Ajman Chamber of Commerce and Industry (ACCI) during 2021 increased to 33,175, compared to 25,682 during 2020, achieving a 29 percent growth, said Mohamed Ali Al Janahi, Acting Director-General of ACCI. He said the total value of the products, for...
Dubai Chamber adds 10,000 new companies as members in Q1
More than 10,000 companies joined Dubai Chamber of Commerce as members during the first quarter of 2022, marking a 64 percent year-over-year growth in new membership for the same quarter in 2021. Member exports and re-exports saw 11.3 percent growth over the same period last year, while their value reached...
New Israel Covid-19 rules trigger protest
Older citizens need to get booster vaccine shot, mask requirement indoors reimposed, vaccine certificates must for entering enclosed spaces
Saudi Arabia’s Bank Aljazira taps into debt market
Saudi Arabia’s Bank Aljazira will issue US-denominated capital certificates that could reach up to $500 million, the Saudi bank said in a bourse filing. The sale, conducted through a Cayman Islands-registered vehicle, will only be available to pre-selected investors in a private placement, and the certificates are redeemable after five...
Aramco disburses in full international trust certificates for $6 billion sukuk
The company issued 30,000 sukuk with a par value of $200,000 each The sale, launched on June 9, was Aramco’s first dollar-denominated sukuk The Saudi oil giant, Aramco, has said that it completed disbursing international trust certificates for $6 billion of sukuk. The company issued 30,000 sukuk with a par...
