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Banking and Finance

Banking and Finance latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Many victims, do not realise they have been robbed until much later, as the suspect often flees the scene
February 7th, 2013 - 12:16 GMT

UAE bank thieves robbing customers blind

Islamic finance in Belgium – sizing the retail market was independently commissioned by the Association for the Development of Islamic Finance (ADEFI) in conjunction with IFAAS (Islamic Finance Advisory & Assurance Services
February 7th, 2013 - 11:50 GMT

Belgian Muslims ‘fascinated’ by Islamic finance

Al Bawaba
February 7th, 2013 - 07:23 GMT

GFMF to Analyze Prospects of Emerging Markets

During the event
February 7th, 2013 - 07:09 GMT

Emirates NBD Asset Management named ‘UAE Asset Manager of the Year’ at MENA Fund Manager Awards 2013

The Central Bank of Egypt announced that Egypt's total foreign reserves had dropped by $1.4 billion in January.
February 6th, 2013 - 01:25 GMT

Egypt's foreign reserves enough for 3 months of imports — Minister

Sanctions have failed to force Tehran to abandon its nuclear program.
February 6th, 2013 - 12:38 GMT

On the failure of the Iranian sanctions

Saudi Arabia’s King Abdullah bin Abdulaziz Al Saud, replaced the head of the Capital Market Authority (CMA) yesterday
February 6th, 2013 - 09:45 GMT

Saudi King replaces CMA boss

About 300 Saudis are imprisoned in the Kingdom who are unable to settle their bank debts
February 6th, 2013 - 09:40 GMT

Debt still hurting Saudis

Al Bawaba
February 6th, 2013 - 09:14 GMT

Emirates NBD introduces Chinese Yuan Renminbi currency-denominated accounts

The new courier offers effective and safe delivery services to Burgan Bank’s customers
February 6th, 2013 - 08:00 GMT

Burgan Bank collaborates with MyUS.com for its multi-currency X-Change cardholders

Standard and Poors, which downgraded Egypt's economic outlook recently, is facing legal action in the US over the subprime financial crisis
February 5th, 2013 - 10:51 GMT

No friend of Egypt's economy: S&P versus US in mortgage ratings trial

During the event
February 5th, 2013 - 10:03 GMT

Mashreq supports Emirati staff with Educational sponsorships

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