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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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Ithmaar Holding received on Thursday approval from the UAE’s Securities and Commodities Authority to list on the Dubai Financial Market (DFM). (Pictured here: Ahmed Abdul Rahim, Ithmaar Group CEO)
December 26th, 2017 - 09:05 GMT

Ithmaar in Process of Completing Dubai Listing

First Abu Dhabi Bank has been named UAE Asset Manager of the Year. Mabrook, FAB!
December 26th, 2017 - 05:10 GMT

First Abu Dhabi Bank Named 'UAE Asset Manager of the Year'

The banking sector in the GCC region is expected to deliver a stable performance in 2018, particularly in the UAE and Saudi Arabia, according to Moody’s. (AFP)
December 24th, 2017 - 06:00 GMT

Stable Outlook for GCC's Banking Sector in 2018: Moody's

2020 will be a pivotal year in AI-related employment dynamics, according to Gartner, as artificial intelligence will become a positive job motivator. (File photo)
December 21st, 2017 - 07:46 GMT

By 2020, Artificial Intelligence Will Create More Jobs Than It Eliminates: Report

Shares of ADNOC Distribution which has a (ADNOCDIST) symbol have been added to the ADX general index (ADI) and Energy sub-index (ADEG).
December 21st, 2017 - 06:48 GMT

Abu Dhabi Securities Adds ADNOC Distribution to Its Exchange Indices

The two parties signed the agreement at LIBF’s headquarters in London.
December 20th, 2017 - 12:35 GMT

Emirates Institute for Banking Studies, London Institute of Banking to Cooperate on Banking Diploma

The panel discussed the opportunities and challenges of the rapidly growing $3 trillion global Islamic finance industry.
December 20th, 2017 - 11:27 GMT

Bank Nizwa Sponsors 8th International Conference on Islamic Banking and Finance

National Bank of Kuwait (NBK) is to hire hundreds of staff and open new branches in Saudi Arabia and Egypt. (Courtesy of NBK)
December 19th, 2017 - 03:03 GMT

National Bank of Kuwait Eyes Saudi, Egypt Expansion

Hisham Alrayes, CEO of GFH
December 19th, 2017 - 11:54 GMT

GFH in $150 Million Deal to Buy Two US Properties

The portfolio comprises a mix of narrow-body and wide-body Airbus and Boeing aircraft on lease to 14 airlines across the world.
December 19th, 2017 - 08:47 GMT

NCB Capital Announces the Acquisition of a $0.8 Billion Aircraft Portfolio

To enter Burgan Bank’s Yawmi Quarterly Draws, customers should maintain a minimum amount of KD500 in their account for 2 months prior to the draw date.
December 19th, 2017 - 08:35 GMT

Burgan Bank Announces the New Winner of the KD125,000 Cash Prize

Gulf Bank
December 18th, 2017 - 09:47 GMT

Gulf Bank Holds Business Training Session for Fikra Program

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