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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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Al Bawaba
May 22nd, 2013 - 09:00 GMT

Standard Chartered’s Titanium MasterCard Credit Card wins ‘Best New Credit Card in the Middle East’ award

The IMF said a drop in oil output and lower crude prices would likely result in smaller fiscal surpluses in 2013.
May 22nd, 2013 - 05:06 GMT

Saudi oil output is likely to be lower than its average, Kingdom needs fiscal reforms

Al Bawaba
May 22nd, 2013 - 04:50 GMT

NBK to finance Al Amiri Hospital Expansion Project

Al Bawaba
May 21st, 2013 - 10:10 GMT

Emirates NBD launches RISE to offer comprehensive support to UAE-based SMEs

Al Bawaba
May 21st, 2013 - 09:34 GMT

Emirates Islamic Bank announces grand winners of Kunooz Value Plus Account

"Annual credit growth is likely to be closer to 14-17% y-o-y"
May 21st, 2013 - 09:11 GMT

Qatar expansion driving down credit growth - Barclays

Al Bawaba
May 21st, 2013 - 06:21 GMT

Jordan Ahli Bank launches Environmentally Friendly Program

Ahli United Bank
May 20th, 2013 - 11:55 GMT

Ahli United Bank introduces new features to improve merchant profitability from Point of Sale Terminals

Al Bawaba
May 20th, 2013 - 10:44 GMT

HSBC Bank Oman corporate clients explore chinese currency’s increasing role and new opportunities in world trade

Central Bank of Egypt
May 20th, 2013 - 09:29 GMT

Unpopular Egyptian central bank decision increases yields on treasury bills

Al Bawaba
May 20th, 2013 - 07:56 GMT

Visa report reveals MENA fastest growing e-commerce region worldwide with 45% year-on-year growth

Alliance banks
May 20th, 2013 - 06:30 GMT

Commercial Bank of Qatar holds Inaugural Alliance CEO Meeting

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