SHARJAH / WAM Sharjah Islamic Bank (SIB) and the Turkiye Wealth Fund (TWF) announced the signing of an agreement to provide a Shariah-compliant Murabaha facility worth $100 million USD, for a period of 3 years. This agreement, facilitated by Dogan Investment Bank, marks the first time the Turkish Sovereign Wealth fund has launched financing from an international source in a …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Nangolo Mbumba of Namibia on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice …

DUBAI / WAM Emirates General Petroleum Corporation (Emarat) announced the granting of the first naming rights for its fuel stations to Al Maryah Community Bank, a leading digital bank in the UAE, marking the inaugural strategic partnership between Emarat and its partners within Project Landmark. Under this partnership, Al Maryah Community Bank becomes the inaugural entity, both locally and globally, …