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Banking and Finance

Banking and Finance latest

Bitcoin touches one-month high on CLARITY Act optimism; Kazakhstan central bank to invest in crypto
March 10th, 2026 - 06:26 GMT

Bitcoin touches one-month high on CLARITY Act optimism; Kazakhstan central bank to invest in crypto

Bitcoin briefly touched a one-month high of $74,000 last week, supported by renewed optimism around potential US crypto market regulation, according to the latest market commentary from Simon Peters, Crypto Analyst at eToro. Despite the temporary rally, the leading cryptocurrency ended the week roughly where it started, while major altcoins including Ethereum, BNB and Solana also recorded modest gains earlier in the week before retracing. Commenting on the market movements, Peters said speculation around progress on the proposed CLARITY Act helped lift sentiment across crypto markets. “Prices were boosted earlier ...
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Al Bawaba
October 13th, 2013 - 07:42 GMT

WFP launches e-cards for syrian refugees in Lebanon with mastercard’s support

Gulf central banks and sovereign wealth funds which are big investors in US treasuries are likely to feel the pressure of eroding confidence in dollar.
October 10th, 2013 - 11:40 GMT

The approaching avalanche? How a US debt default can hit the GCC hard

Al Bawaba
October 9th, 2013 - 06:01 GMT

Financial results for the nine months ended 30 September 2013

These areas of strategy focus are supported by 46 initiatives which will be in place by the first quarter of 2014 or maximum by the fourth quarter of 2014.
October 8th, 2013 - 01:12 GMT

The seven pillars of Dubai's Islamic banking

Al Bawaba
October 8th, 2013 - 04:53 GMT

Abu Dhabi Islamic Bank Egypt launches “Saving Festival”

 Kuwait ranked third in the Gulf with $8.5 billion sent abroad in 2012, while the expats in Saudi Arabia transferred $27.6 billion, and expats in United Arab Emirates remitted $20.3 billion.
October 7th, 2013 - 02:29 GMT

Working to send, not to spend: GCC expats driving remittance flows

Al Hilal Bank
October 7th, 2013 - 10:17 GMT

Al Hilal Bank’s debuting ‘Sukuk’ oversubscribed at USD 6.3 billion

Dubai Islamic Bank
October 7th, 2013 - 08:05 GMT

Dubai Islamic Bank launches free remittance services to Pakistan

Al Bawaba
October 7th, 2013 - 06:56 GMT

HSBC, NCB Capital, sucessfully deliver general authority of civil aviation’s sukuk

t remains to be seen how sustainable such flows are, as the regulatory environment in centres such as Dubai continues to develop and EU and US tax authorities increase pressure on regional institutions.
October 6th, 2013 - 12:15 GMT

Private Banking in the Middle East: a Review

Kuwaiti officers are treating the case as one of money laundering.
October 6th, 2013 - 11:09 GMT

500,000 euros in 'smuggled aid' to Syrians seized

Fawaz H. Al-Fawaz, a Riyadh-based economic consultant, said: “There is no risk to Saudi financial system, as the Saudi riyal is pegged to the dollar.
October 6th, 2013 - 09:57 GMT

SAMA not concerned about the US government shutdown

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