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Banking and Finance

Banking and Finance latest

Mobile Payments on the Rise, Cash Continues to Decrease: Visa Report Highlights Payments Shift in KSA
January 22nd, 2026 - 05:09 GMT

Mobile Payments on the Rise, Cash Continues to Decrease: Visa Report Highlights Payments Shift in KSA

Digital payments are continuing to reshape how people choose to pay in Saudi Arabia, with more consumers embracing faster, more secure digital experiences. Visa’s third edition of ‘Where Cash Hides’ report[1] shows 67% of KSA consumers are largely non-cash users, making most of their payments with payments cards or mobile devices. This is an increase of 4% compared with last year, highlighting a clear move away from cash. Digital Payments Break into Cash-Heavy Categories The appeal of cash is also decreasing in day-to-day purchases. Nearly one in four KSA consumers ...
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Issuance in the first quarter of this year was up by two per cent against a year ago
May 26th, 2013 - 09:46 GMT

Gulf debt securities issuance recovers in Q1

During the event
May 26th, 2013 - 09:02 GMT

DIB ties up with Western Union to offer account based money transfers

Al Bawaba
May 26th, 2013 - 05:23 GMT

NBAD issues $465 million convertible bonds

Al Bawaba
May 26th, 2013 - 05:01 GMT

Emirates NBD drives customer convenience with ‘Bank on Wheels’

World Economic Forum 2013 in Jordan
May 26th, 2013 - 05:00 GMT

World Bank sets up $400 facility to help SMEs in MENA

Gulf Bank
May 26th, 2013 - 04:38 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of May 19th to May 23rd

Central Bank of Oman
May 26th, 2013 - 04:00 GMT

Weak tendering slows Oman credit growth in Q1

National Bank of Abu Dhabi
May 26th, 2013 - 04:00 GMT

Investors rush to subscribe to Abu Dhabi National Bank

The oversubscription of the issue demonstrates increasing investor appetite for sukuk
May 23rd, 2013 - 10:45 GMT

Bahraini bank $750m sukuk programme dubbed big success

Al Bawaba
May 23rd, 2013 - 09:08 GMT

Mashreq believes Smart Phones need Smart Banking with the launch of Snapp Mobile Banking

NBAD’s employees during graduation ceremony
May 23rd, 2013 - 07:25 GMT

253 NBAD staff complete branch management certification programme

Thomson Reuters and ICD announce the joint development of the Islamic Finance Development Indicator. Ahmad Mohamed Ali, president of the IDB Group, center, looks on.
May 23rd, 2013 - 05:00 GMT

Development Bank increases capital three folds to $150 billion

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