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Banking and Finance

Banking and Finance latest

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement
April 30th, 2026 - 05:50 GMT

Visa Accelerates Stablecoin Momentum: Adding Five Blockchains for Settlement

Today, Visa (NYSE: V) announced that it is adding five blockchains to its global stablecoin settlement pilot, expanding how issuers and acquirers can settle with the network. As stablecoins move into mainstream payment flows, Visa’s stablecoin settlement pilot now supports nine blockchains and has reached a $7 billion annualized stablecoin settlement run rate, up 50% since last quarter. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. “Expanding our stablecoin ...
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GCC Stock Markets Surge As Sectors Partially Reopen
April 26th, 2020 - 11:30 GMT

GCC Stock Markets Surge As Sectors Partially Reopen

Burgan Bank Offers Cash Delivery Service During the Time of COVID-19
April 26th, 2020 - 10:11 GMT

Burgan Bank Offers Cash Delivery Service During the Time of COVID-19

Sabic Making Steps Towards A More Circular future
April 26th, 2020 - 08:30 GMT

Sabic Making Steps Towards A More Circular future

Saudi Arabia: New Regulations for Finance Companies to Reduce Exploitation of Debtors
April 26th, 2020 - 07:30 GMT

Saudi Arabia: New Regulations for Finance Companies to Reduce Exploitation of Debtors

Standard Chartered Donates $10m to UNICEF and the Red Cross From $50m COVID-19 Global Charitable Fund Towards Immediate Relief Efforts
April 23rd, 2020 - 10:46 GMT

Standard Chartered Donates $10m to UNICEF and the Red Cross From $50m COVID-19 Global Charitable Fund Towards Immediate Relief Efforts

The Arab Monetary Fund and Islamic Financial Services Board Reinforce their Technical Cooperation for the benefit of Arab Countries
April 23rd, 2020 - 10:37 GMT

The Arab Monetary Fund and Islamic Financial Services Board Reinforce their Technical Cooperation for the benefit of Arab Countries

MoF Launches Upgraded Version of Smart UAE Gate for GFS Reports System
April 23rd, 2020 - 08:32 GMT

MoF Launches Upgraded Version of Smart UAE Gate for GFS Reports System

FAB Supports Emirates Foundation’s Food Box Initiative This Ramadan
April 23rd, 2020 - 08:12 GMT

FAB Supports Emirates Foundation’s Food Box Initiative This Ramadan

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months
April 23rd, 2020 - 06:00 GMT

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities
April 22nd, 2020 - 08:10 GMT

In Alignment with the Application of its Business Development Strategy, Abu Dhabi Securities Exchange (ADX) Grants Al Ramz Short Term Margin Trading License and Opens New Investment Opportunities

2020 Refinitiv Lipper Fund Awards Recognizes Three Funds Managed by Kamco Invest
April 22nd, 2020 - 12:36 GMT

2020 Refinitiv Lipper Fund Awards Recognizes Three Funds Managed by Kamco Invest

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs
April 22nd, 2020 - 11:15 GMT

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs

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