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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 bank also announced the lucky 5 winners of week 31.
September 2nd, 2018 - 04:30 GMT

Warba Bank Announces Winners of the 30th & 31st “Al Sunbula” Weekly Draws

During the event
August 30th, 2018 - 10:35 GMT

Bank Sohar Supports Oman Cancer Association

The duo seeks to jointly work on joint innovation projects on the application of key technologies like digital and mobile payments, blockchain and distributed ledgers and other areas of new technologies. (Shutterstock)
August 30th, 2018 - 09:58 GMT

Dubai Signs Fintech Agreement With Singapore's Monetary Authority

Banks are trimming branch numbers as consumers tilt towards online banking. (Shutterstock)
August 30th, 2018 - 08:55 GMT

Report: UAE Banks Laid off Over 600 Employees in 2017

The currency has lost about 40 per cent of its value against the dollar this year. (Shutterstock)
August 29th, 2018 - 11:49 GMT

Borrowing Limits Doubled for Banks in Turkey

The ratings agency said that the downgrades reflect a substantial increase in the risk of a downside scenario, where a further negative shift in investor sentiment could lead to a curtailing of wholesale funding. (Shutterstock)
August 29th, 2018 - 11:42 GMT

Moody's Downgrades 20 Financial Institutions in Turkey

The new development of Al-Sunbula account has increased the total number of winners to 24, and the total amount of prizes to 50,000 KD instead of 30,000 KD.
August 29th, 2018 - 07:40 GMT

Warba Bank Announces Al Sunbula Weekly Draw

During the ceremony.
August 29th, 2018 - 04:59 GMT

Al Ansari Exchange Announces the Fifth Millionaire of ‘Al Ansari Exchange Rewards – Summer Promotion’

The celebration was attended by the bank’s senior management and employees.
August 28th, 2018 - 10:43 GMT

FAB Celebrates Emirati Women’s Day 2018

During the event
August 28th, 2018 - 05:54 GMT

Dubai Islamic Bank Donates Dh5 Million for Kerala Flood Victims

Ahmed Jafar Al Musalmi, Bank Sohar CEO
August 28th, 2018 - 05:35 GMT

Bank Sohar Closes $250 Million 3 Year Syndicated Loan Facility

Abed Hamandi, Regional Director - Professional Services, Middle East and Africa at SAS
August 27th, 2018 - 10:24 GMT

Bank Muscat and SAS Recognised for Best Data Analytics Initiative in the Middle East

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