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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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Al Bawaba
February 5th, 2013 - 09:53 GMT

NBAD launches groundbreaking pension & savings scheme for expats

Al Bawaba
February 5th, 2013 - 08:37 GMT

Liverpool FC fans get the chance to win a limited edition signed shirt

Al Bawaba
February 5th, 2013 - 04:40 GMT

Dubai Islamic Bank 2012 net profit rises to AED 1.19 billion

Banks in the Gulf lack lending and credit underwriting experience outside their region, which we view as a significant risk factor
February 4th, 2013 - 12:25 GMT

GGC banks snapping up MENA rivals

Iran's former Central Bank boss is thought to have been arrested on suspicion of money laundering
February 4th, 2013 - 11:35 GMT

Iran's former central bank chief arrested on suspicion of money laundering

Lebanon's five listed banks posted losses only masked by the sale of Audi’s insurance arm, LIA Insurance SAL
February 4th, 2013 - 08:59 GMT

Lebanon's banks decline masked by insurance company sale

Al Bawaba
February 4th, 2013 - 07:45 GMT

Burgan Bank’s Burgan equity fund records significant performance in 2012

Al Bawaba
February 4th, 2013 - 04:45 GMT

Mashreq reports a strong 2012, net profit up by 60%

Poverty has shot up in Iran, where a currency crisis brought on by Western sanctions is adding to people's woes.
February 3rd, 2013 - 01:25 GMT

Iran's rial in the dumps against dollar amid increasing strain from Western sanctions

Only five of the Middle East banks actually show an absolute rise in their brand value for 2013
February 3rd, 2013 - 12:05 GMT

In Middle East, bank brands’ values slide

Banks in the Gulf have capital to spare, and are literally capitalizing on their traditional strengths
February 3rd, 2013 - 11:45 GMT

Gulf banks flush with cash outpace Europeans in MENA — S&P

Consumers want easy, convenient and high-value services at lower costs
February 3rd, 2013 - 09:48 GMT

Jordanians can bank on the web, but branches are a thing of the past - banker

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