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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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UAE and KSA rank 23rd and 26th within the World Bank report's global ranking (Courtesy of Global Arab Network)
October 30th, 2013 - 07:25 GMT

World Bank ranks UAE and KSA top in region for "ease of doing business"

The Deloitte report indicates that specialisation is a major strategic trend in the banking industry, with risks and benefits both requiring careful assessment.
October 30th, 2013 - 05:55 GMT

Deloitte: Is bank specialisation in the Middle East worth its risks?

The Chartered Institute of Management Accountants
October 30th, 2013 - 05:53 GMT

CIMA announces 2014 pricing campaign

Al Bawaba
October 29th, 2013 - 09:57 GMT

Al Ansari Exchange opens two branches in Ibn Battuta Mall

Despite the growth rate, IIF cautioned the UAE to be proactive in framing policies that would insulate the economy from major problems.
October 29th, 2013 - 09:12 GMT

Short-term memory loss? UAE banks taking too many risks

André Sayegh, CEO of FGB
October 29th, 2013 - 06:01 GMT

First Gulf Bank achieves solid performance with Q3’2013 Net Profit up 12.8% to AED 1,190Mn; 9 Months Net Profit up 13.2% to AED 3,402Mn

Doha Bank branch opening
October 28th, 2013 - 09:02 GMT

Doha Bank opens new branch in Dar Al Salam Mall

Al Bawaba
October 28th, 2013 - 08:50 GMT

NBAD MENA Dividend Leader Fund delivers 6.3% dividends (Annualised)

According to reports circulated through social networking sites, the seized money include currencies of Iran, Iraq, Turkey, India, Indonesia, Bangladesh, Egypt and Morocco.
October 28th, 2013 - 07:59 GMT

$800 million worth of foreign currency seized from Saudi vehicle

Financially successful people share common powerful habits.
October 27th, 2013 - 10:44 GMT

The 7 habits of financially successful people

Andre’ Sayegh, CEO of FGB
October 27th, 2013 - 04:31 GMT

First Gulf Bank acquires full ownership of Aseel Islamic Finance

"Considerable potential exists for expansion of the Islamic finance industry worldwide, although appropriate legal and regulatory structures are crucial for its development in individual countries."
October 24th, 2013 - 09:49 GMT

Islamic finance goes global: assets to top $2 trillion in 2014

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