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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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Dubai and Abu Dhabi in the United Arab Emirates (UAE) could soon join London, New York and Hong Kong in the world’s top 10 global financial centre rankings. (Shutterstock)
September 18th, 2018 - 09:47 GMT

New UAE Visa Law Might Propel It to Top 10 World Financial Hubs

The General Council for Islamic Banks and Financial Institutions (CIBAFI) said treatment of real estate across Islamic finance jurisdictions still reflected Basel II or pre-reform Basel III rules. (Shutterstock)
September 17th, 2018 - 07:46 GMT

Islamic Banks Urged to Update Property Rules to Protect $1.3 Trillion Global Assets

ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the non-call, five-year Sukuk at a profit rate of 7.13 per cent. (File/ Photo)
September 17th, 2018 - 05:15 GMT

Strong Tier-One Perpetual Sukuk Debut for ADIB With $750 Million

During the event
September 17th, 2018 - 04:05 GMT

Bank Sohar Recognized as One of Oman’s Best Performing Companies at AIWA Awards

During the ceremony
September 16th, 2018 - 09:34 GMT

National Bank of Oman Continues to Reward Al Kanz Account Holders

Mrs. Haneen Al Rumaihi, Assistant General Manager – Marketing & Product development with Al KazemiTravel & Tourism representatives
September 16th, 2018 - 04:45 GMT

Burgan Bank Collaborates Exclusively With Al Kazemi Travel & Tourism to Offer Exclusive Discounts

Bank Sohar has continued to make rapid advancements in its work for greater digitization
September 16th, 2018 - 04:20 GMT

Excelling Customer Experience, Open Your Account With Bank Sohar in 5 Minutes

Risks to financial stability remain significant given unpredictability in the policy framework and Turkey’s large external financing requirements. (Shutterstock)
September 13th, 2018 - 09:03 GMT

Agencies Downgrade Turkish Banks in Response to Market Volatility

a group of the summer internship students at KPMG in Bahrain.
September 12th, 2018 - 07:53 GMT

23 University Students Concludes Their Summer Internship Program at KPMG

This year’s Challenge will see ADCB and ADGM work directly with a selected FinTech firm to create a purpose-built, targeted solution to address a pressing business need.
September 11th, 2018 - 10:23 GMT

ADCB Set to Work With Fintech Abu Dhabi Innovation Challenge as ‘Corporate Champion’

The exchange rate of the US dollar was relatively stable during transactions on Sunday. (Shutterstock)
September 11th, 2018 - 08:02 GMT

Egyptian Major Banks Report Stable Dollar Prices

During the event
September 11th, 2018 - 06:35 GMT

NBO Celebrates ‘Bring Your Kids to Work’ Day

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