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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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Dubai Human Development Award
May 7th, 2013 - 12:23 GMT

Dubai Islamic Bank wins Dubai Human Development Award

As investors wait for the Federal Reserve's policy-making committee to conclude its two-day meeting, the Dow Jones industrial average, S&P 500 and the Nasdaq all declined 0.4% in morning trading. (Photo by Spencer Platt/Getty Images)
May 7th, 2013 - 10:51 GMT

Federal Reserve has 'the greatest monetary policy of our lifetime'

Al Bawaba
May 7th, 2013 - 05:52 GMT

Mashreq launches UAE’s BEST Everyday SmartSaver card

Al Bawaba
May 7th, 2013 - 04:50 GMT

Visa cardholders spent $4.7 billion in the UAE in 2012

Dubai World Central
May 6th, 2013 - 12:00 GMT

Dubai World Central scores Dh22 billion in investments

Emile Habib of Gulf Related with Yasir Abu Sulayman of NCB and senior executives.
May 6th, 2013 - 10:55 GMT

450 million Saudi riyals deal to further enhance Riyadh real estate

Sheikh Mohammed Al Maktoum looks on during Super Saturday at Meydan Racecourse on March 9, 2013 in Dubai, United Arab Emirates.
May 6th, 2013 - 10:19 GMT

Dubai gov't repays 3.3 billion dirhams bond on maturity, sending shares to three-year high

A branch of Emirates Islamic Bank
May 6th, 2013 - 09:52 GMT

Emirati bank unveils a whopping 101% profit jump in first quarter

Al Bawaba
May 6th, 2013 - 09:42 GMT

Emirates Islamic Bank announces 101 per cent increase in first quarter net profit

Group photo
May 6th, 2013 - 09:23 GMT

Gulf Bank receives Deutsche Bank Award for Commercial and Treasury Payments

Al Bawaba
May 6th, 2013 - 07:26 GMT

IBQ sponsors Lycée Français Bonaparte football team

During the event
May 6th, 2013 - 06:35 GMT

UAE Exchange bags Dubai Quality Award and DSES Award

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