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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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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

Al Ansari Exchange
October 6th, 2013 - 09:11 GMT

Al Ansari Exchange launches rewards for money transfers to Arab countries

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