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Banking and Finance

Banking and Finance latest

Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion
January 22nd, 2026 - 06:26 GMT

Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion

BingX, a leading crypto exchange and Web3-AI company, today announced a remarkable milestone for its TradFi offerings, achieving a 24-hour trading volume exceeding AED 3.67 billion. Among this total, BingX TradFi Gold contributed over AED 1.86 billion, showcasing strong user interest and active engagement. Since launching BingX TradFi, an integrated feature that enables trading across a broad range of real-world financial assets, the platform has seen strong adoption. Traders' response highlights the growing appeal of BingX's diversified offering, spanning commodities, forex, stocks, and indices. TradFi Copy Trading has also accelerated ...
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The Dubai economy will grow at around five per cent this year. Still that is a far cry from the 13 per cent growth from 2003-8 that took the economy from boom to bust.
December 3rd, 2013 - 03:55 GMT

Time to burst that Expo 2020 bubble, can Dubai survive with $103 billion in debt?

The “Syria Files” released by WikiLeaks and obtained by Al-Akhbar indicate that the skepticism over Makhlouf's sudden metamorphosis into a do-gooder was not unwarranted.
December 3rd, 2013 - 03:55 GMT

Meet 'Mr. Five Percent': the man who bought Syria one bank at a time

 A lawsuit, with details still vague, by a Qatari company against the Social Security Investment Fund (SSIF) alleging it bought the fund’s stake in The Housing Bank for Trade and Finance was a hot topic of speculation in Jordan Sunday.
December 2nd, 2013 - 01:55 GMT

Two truths and a lie? Qatari company sues Jordan's Social Security Fund over "non-existent" sell-off of Housing Bank

Sixty percent of bank deposits in Lebanon come from Lebanese workers in the Gulf, but the steep decline in travel and tourism to the country has left the Lebanese economy in a dire situation (Ramzi Haidar/AFP)
December 2nd, 2013 - 12:06 GMT

Why Lebanon needs more Arab investment

Al Bawaba
December 2nd, 2013 - 10:06 GMT

Gulf Bank platinum sponsor at NUKS-USA’s Students’ conference

Bahrain, Kuwait, Qatar and Saudi Arabia are planning to peg the common GCC currency to the dollar (File Archive/Shutterstock)
December 2nd, 2013 - 09:02 GMT

The GCC "Euro": Four Gulf countries to use common currency by end of 2013

Sanbar is leaving to spend more time with his family, a second Saudi-based banking source said, adding deputy chief financial officer Mohammed Fahmy Soliman was seen as the most likely candidate to replace him.
December 2nd, 2013 - 03:55 GMT

Get that CV shining, Prince Waleed Bin Talal has a new major job vacancy

alizz islamic bank signs MoU with Omantel
December 1st, 2013 - 10:36 GMT

alizz islamic bank offers omantel Innovative banking products

KSA's foreign assets reached a record high of SR2.66 trillion ($708.8 billion) (Shutterstock)
December 1st, 2013 - 08:13 GMT

KSA's foreign assets reach record high in 2013

Global assets of Islamic Finance have doubled since the start of the economic downturn. (Image credit: Shutterstock)
December 1st, 2013 - 07:04 GMT

$1.4 billion Islamic finance industry to see double digit growth

Bank staff and clients at inaugural NBF golf tournament
December 1st, 2013 - 04:37 GMT

National Bank of Fujairah organises inaugural client golf tournament

Al Bawaba
December 1st, 2013 - 04:22 GMT

Emirates NBD announces support for tenth Dubai International Film Festival

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