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Banking and Finance

Banking and Finance latest

HSBC Brings Tradecash to the UAE, Enabling Faster Access to Working Capital
June 19th, 2026 - 09:48 GMT

HSBC Brings Tradecash to the UAE, Enabling Faster Access to Working Capital

HSBC has launched HSBC TradeCash in the UAE, becoming the first market for HSBC in the region where the solution is available. HSBC TradeCash is a new trade finance solution that enables customers to upload sales invoice data online and draw down a loan against it, helping them access working capital fast. The UAE launch marks the first phase of a broader rollout, with additional MENAT markets set to follow. Subject to eligibility criteria, HSBC TradeCash lets customers receive funds within minutes once all required information has been submitted via ...
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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

Increasing number of car bombs have destroyed Lebanon's tourism sector (File Archive/AFP)
February 27th, 2014 - 08:34 GMT

Why Lebanon’s Economic Minister is telling Beirut to spend more?!

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