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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 16th, 2013 - 06:28 GMT

Sheikh Mohammed Bin Rashid Al Maktoum Patrons of the Arts Award honours Alpen Capital and Bank Sarasin-Alpen for their contribution to the arts for the fourth consecutive year

Dubai Islamic Bank
May 16th, 2013 - 04:31 GMT

Dubai Islamic Bank ratings affirmed by Moody’s

A total of 2,940 trades were executed
May 16th, 2013 - 03:40 GMT

Muscat financial market up as global equity performance improves

Bank Muscat
May 15th, 2013 - 11:51 GMT

Bank Muscat concludes $20m private placement with IFC

Dubai Police receiving the award
May 15th, 2013 - 07:08 GMT

Dubai Police’s Humanitarian Care Section receives AED 1m donation from Al Ansari Exchange

Premium growth was largely in the medical insurance business in UAE
May 15th, 2013 - 12:23 GMT

Omani investment company triples Q1 net profit

Central Bank of Oman
May 14th, 2013 - 12:16 GMT

Oman central bank renews call for supporting SMEs

Fadi Halout, the NBAD Country Manager in France
May 14th, 2013 - 09:21 GMT

NBAD sponsors Abu Dhabi Investment Forum in Paris

Alpen Capital
May 14th, 2013 - 08:41 GMT

Sheikh Mohammed Bin Rashid Al Maktoum Patrons of the Arts Award honours Alpen Capital and Bank Sarasin-Alpen for their contribution to the arts for the fourth consecutive year

Islamic banking needs separate regulations and reporting standard
May 14th, 2013 - 02:55 GMT

Bankers urge Islamic banks to develop their own financial reporting standard

Dubai Financial Market
May 14th, 2013 - 02:17 GMT

Dubai Financial Market gains 0.5%, reaches four-year high

Qatar’s Premier and Foreign Minister Sheikh Hamad bin Jassem bin Jabr al-Thani
May 13th, 2013 - 12:19 GMT

Egypt Central Bank sells $3bn worth of Egyptian bonds to Qatar

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