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Banking and Finance

Banking and Finance latest

Qatari PM speaks at Lucerne Summit
June 24th, 2026 - 09:53 GMT
P. Choiaqo

P. Choiaqo

Gulf countries to fund $300 billion reconstruction in Iran if peace talks go through

ALBAWABA - Qatari PM, Sheikh Mohammad, said that Gulf states could play a role in financing reconstruction in Iran, however, $300 billion seems ‘aspirational’ he says. In an interview with Financial Times, Sheikh Mohammad said that Gulf states are willing to finance if Iran reaches a conclusive and final peace agreement with the U.S. "Our aim is that Iran flourishes and their economy grows; and our investment basically has always ...
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The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month.
October 8th, 2019 - 10:06 GMT

Burgan Bank announces the first winner of the newly revamped Al-Thuraya Salary Account monthly draw

During the event
October 8th, 2019 - 09:45 GMT

MoF Holds Workshop to Review Vital Updates on Supplier Services

During the event
October 7th, 2019 - 11:19 GMT

Sharjah Islamic Bank the Most Innovative Islamic Bank of 2019

Mr. Hassan Jarrar , Chief Executive Officer of BisB
October 7th, 2019 - 11:12 GMT

BisB Awarded IFM’s “Most Innovative Digital Bank - Bahrain” for 2019

The London-headquartered bank last month announced the shock exit of CEO John Flint after just 18 months in the hot seat but gave no reason for the decision.
October 7th, 2019 - 08:01 GMT

HSBC to Lay off up to 10,000 Employees

The Middle East and North Africa (Mena) startup ecosystem is growing quickly, with $517 million being invested in 354 deals in 2019 thus far.
October 7th, 2019 - 07:45 GMT

UAE: Home to One Third of FinTech Companies in MENA

During the event
October 6th, 2019 - 09:40 GMT

National Bank of Fujairah Underscores Commitment to the Development of FinTech Industry at the MENA FinTech Hackathon

Commercial banks must ensure the central bank credit lines are used exclusively to purchase imports for domestic consumption.
October 5th, 2019 - 08:00 GMT

Lebanon: Rise in Imports behind Increase in Dollar Demand

The UAE last year jumped 10 places to 11th in the ranking.
October 3rd, 2019 - 07:30 GMT

GCC Countries Among World Bank's Top 20 in Ease of Doing Business

The circular will certainly reduce the pressure on dollar demand at currency exchange shops
October 3rd, 2019 - 07:10 GMT

Lebanon’s Central Bank Secures Dollars to Cover Imports of Fuel, Wheat and Medicine

During the event
October 3rd, 2019 - 06:10 GMT

Burgan Bank the Golden Sponsor for British Academy of Sports & International Arts 2019 Carnival

The IMF will spare no efforts in helping members, including the Central Bank of Iran
October 2nd, 2019 - 09:30 GMT

Iran’s Central Bank Calls for Fair Share in IMF Decision-Making Process

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