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Banking and Finance

Banking and Finance latest

HSBC Brings Tradecash to the UAE, Enabling Faster Access to Working Capital
June 19th, 2026 - 09:48 GMT

HSBC Brings Tradecash to the UAE, Enabling Faster Access to Working Capital

HSBC has launched HSBC TradeCash in the UAE, becoming the first market for HSBC in the region where the solution is available. HSBC TradeCash is a new trade finance solution that enables customers to upload sales invoice data online and draw down a loan against it, helping them access working capital fast. The UAE launch marks the first phase of a broader rollout, with additional MENAT markets set to follow. Subject to eligibility criteria, HSBC TradeCash lets customers receive funds within minutes once all required information has been submitted via ...
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To prop up the lira, the central bank said on December 24 it will sell at least $6bn in auctions through the end of January and make it more costly for lenders to park foreign currencies in the bank’s coffers.
January 5th, 2014 - 03:55 GMT

The crisis persists: Turkey's stock markets are floundering and it's about more than corruption

UAE was upgraded to an emerging market in 2013 and expects to see $8 billion investment inflows in 2014 (File Archive)
January 2nd, 2014 - 12:35 GMT

How UAE "stock(ed)" up its economy for 2014

The Islamic finance industry growth will go double digit in 2014. (Image credit: Shutterstock)
January 2nd, 2014 - 07:50 GMT

Islamic finance industry to grow to $2 trillion

The former head of defunct New York law firm Dewey & LeBoeuf has become the top legal adviser to the government of Ras al Khaimah, according to an internal government memo.
January 1st, 2014 - 05:12 GMT

Fresh with mismangement charges, ex-head of bankrupt US law firm becomes a UAE top legal advisor

Egypt's annual inflation rate increased to 12.9 percent in November (File Archive)
January 1st, 2014 - 05:00 GMT

What Egypt's 9 percent pound value plummet in 2013 means for 2014

Al Bawaba
December 30th, 2013 - 08:34 GMT

Gulf Bank closes during New Year Holiday

According to Fahmy, the government had to turn to cash in the banks as the country was in a critical situation and the banking sector could help.
December 29th, 2013 - 07:54 GMT

Banking on Egypt's future: why banks loans to the government are a secure investment

Al Bawaba
December 29th, 2013 - 09:04 GMT

ADIB shares its customer service expertise with Federal Electricity and Water Authority

Al Bawaba
December 29th, 2013 - 05:54 GMT

alizz islamic bank ends 2013 on a high note with win of ‘Most Innovative Islamic Bank Oman’ Award

Gulf Bank
December 29th, 2013 - 05:39 GMT

Gulf Bank announces the winners of the Al Danah daily draws for the week of December 15th to December 19th

Surprises aren't always pleasant, especially when they require digging into a nonexistent savings account.
December 29th, 2013 - 03:55 GMT

How to handle financial surprises without letting them destroy your budget

About 38 per cent of those who avoid full disclosure said their basic income is higher than their partner thinks it is, while a third (31 per cent) have received at least one bonus that their partner has no knowledge of.
December 29th, 2013 - 03:55 GMT

Keeping it modern: Dubai's couples hide salary, savings, and even their ferraris, from each other

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