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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 UAE has 46 commercial banks for 9.5mn people, while Saudi Arabia has 12 local lenders and 14 foreign-bank branches for 33.6mn people, according to central bank data and information from Worldometers. (Shutterstock)
August 2nd, 2018 - 11:34 GMT

The Reasons Behind GCC Banks Mergers

Alain Marckus, Managing Director and Head of Investment Strategy and Investment Management for FAB Personal Banking Group
August 2nd, 2018 - 10:25 GMT

FAB Appoints Head of Investment Strategy and Investment Management for Personal Banking

ABC Islamic Bank’s total assets stood at US$1.749 billion as of June 30, 2018 compared to US$1.559 billion at 2017 year-end.
August 2nd, 2018 - 06:55 GMT

Bank ABC Islamic Announces Half-Year Net Profit of $15.6 Million

Isam Al-Sager, NBK Group Chief Executive Officer
August 2nd, 2018 - 06:50 GMT

NBK-Bahrain Reports Net Profits of BHD 55 Million for the First Half of 2018, up 19.4 Percent Y-O-Y

Loulwa Abdulla Al-Ayoubi - Acting Group Head of Investor & Corporate Communications, Burgan Bank
August 1st, 2018 - 11:45 GMT

Burgan Bank Contributes to the Integration of Children with Autism into Society through Support of Autism Partnership - Kuwait

Dubai Gold and Commodities Exchange (DGCX) has begun H2 strongly, recording an Average Open Interest (AOI) of 323,477 contracts in July.
August 1st, 2018 - 11:02 GMT

DGCX Records Highest Average Open Interest, Surpassing 300,000 Contracts for July

An increasing number of Western banks and fund managers are looking to expand in the Kingdom. (Shutterstock)
August 1st, 2018 - 06:29 GMT

Credit Suisse Seeks Full Banking Licence in Saudi Arabia

Mysk Al Mouj’s employees from the various department participated in the initiative at the venue’s stunning premises.
July 31st, 2018 - 11:53 GMT

Mysk Al Mouj by Shaza Answers National Call for Blood Donation

Mr. Yousif Ali Mirza, CrediMax Chief Executive
July 31st, 2018 - 11:37 GMT

CrediMax Wins 2018 Best Digital Wallet GCC Award

Arun Hari, Gulf International Bank Group Chief Risk Officer
July 31st, 2018 - 11:24 GMT

Arun Hari Appointed Group Chief Risk Officer at GIB

During the event
July 31st, 2018 - 10:11 GMT

Burgan Bank’s New In-House Learning & Development Center Alongside Agreement With Knowledge Club 2018

The financing would help the government diversify its funding sources, extend its debt maturity profile and reduce costs. (Shutterstock)
July 31st, 2018 - 07:48 GMT

Standard Chartered to Raise $1.2 Billion in Oman

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