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Banking and Finance

Banking and Finance latest

Bitcoin touches one-month high on CLARITY Act optimism; Kazakhstan central bank to invest in crypto
March 10th, 2026 - 06:26 GMT

Bitcoin touches one-month high on CLARITY Act optimism; Kazakhstan central bank to invest in crypto

Bitcoin briefly touched a one-month high of $74,000 last week, supported by renewed optimism around potential US crypto market regulation, according to the latest market commentary from Simon Peters, Crypto Analyst at eToro. Despite the temporary rally, the leading cryptocurrency ended the week roughly where it started, while major altcoins including Ethereum, BNB and Solana also recorded modest gains earlier in the week before retracing. Commenting on the market movements, Peters said speculation around progress on the proposed CLARITY Act helped lift sentiment across crypto markets. “Prices were boosted earlier ...
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The DFM General Index declined 0.86 per cent this week (File Archive)
March 3rd, 2014 - 10:16 GMT

In flux: What's up with Dubai's stock market?!

Al Bawaba
March 3rd, 2014 - 09:34 GMT

Emirates Islamic offers better rates for customers transferring financial liabilities

Al Bawaba
March 3rd, 2014 - 09:29 GMT

Alpen Capital predicts strong growth for the GCC Aviation sector

Al Bawaba
March 3rd, 2014 - 09:00 GMT

This bank is joining the sukuk club by September

Since the financial crisis, capital and liquidity support from GCC and Levant regulators has helped keep the banking sector relatively strong
March 3rd, 2014 - 08:55 GMT

GCC banks could face capital and liquidity shortfall

Al Bawaba
March 3rd, 2014 - 05:42 GMT

Dubai Islamic Bank to distribute 25% cash dividend for 2013

During 2009-2011, capital flows were intensively targeting emerging markets, with the advanced economies reducing their interest rates to unprecedentedly low levels and with the quantitative easing experiment gaining wider support from central bankers.
March 2nd, 2014 - 09:49 GMT

It's time for an interest rate war in emerging markets, and here's why Middle Eastern economies should take part

Saudi Arabian billionaire prince Al Waleed Ibn Talal is expected to announce a donation for the Jerusalem Fund during his visit to Ramallah Tuesday (File Archive)
March 2nd, 2014 - 11:46 GMT

Saudi encounters: Gulf billionaire to meet with business leaders in rare Palestine visit Tuesday

Al Bawaba
March 2nd, 2014 - 07:15 GMT

ADIB - Egypt named “Best Islamic Bank in Egypt" and won “Best Mudarbah Deal of the year 2013”

The North African country’s economy relies heavily on European tourism and is still recovering from the aftermath of its political upheaval three years ago.
March 2nd, 2014 - 03:55 GMT

New constitution, new loan: Tunisia receives $1.2 billion loan from World Bank

The most common type of economic crime reported in the Middle East was asset misappropriation.
March 2nd, 2014 - 03:55 GMT

Rejoice! More than one third of Middle East firms are corrupt!

The majority of MENA countries impose foreign ownership restrictions which typically cap foreign ownership at 49 per cent in various sectors (although there are notable exceptions, such as free zones).
March 2nd, 2014 - 03:55 GMT

Ready for a challenge? A survivor's guide to private equity in the MENA region

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