PAKISTAN: Faysal Bank partners with OPay Pakistan to offer innovative financial and lending digital services
IRAN: Securities and Exchange Organization of Iran removes minimum capital requirement for establishing investment consulting companies
SAUDI ARABIA: National Debt Management Center, Ministry of Finance and SNB Capital sign MoU to develop individual savings Sukuk
SAUDI ARABIA: Walaa Cooperative Insurance Co receives approval for capital increase for Sabb Takaful Co merger
QATAR: QIIB to process application to increase foreign ownership limit in capital to 100%
SAUDI ARABIA: Saudi Central Bank approves Bupa Arabia for Cooperative Insurance Company’s Bupa Policy Benefit Upgrade product
BOSNIA AND HERZEGOVINA: IFN welcomes Dr Jasmin Omercic as new correspondent for Bosnia and Herzegovina
GLOBAL: Bahrain Institute of Banking and Finance discusses several Islamic finance collaborations in Kyrgyzstan; to facilitate first Sukuk issuance
KUWAIT: Central Bank of Kuwait raises discount rate by quarter percentage point to 2.75% effective the 11th August 2022
SAUDI ARABIA: Al Widyan Saudi Real Estate Company general assembly approves capital decrease to SAR500,000 (US$133,148)