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Banking and Finance

Banking and Finance latest

HSBC convenes gathering of global investors to uncover Saudi Arabia opportunities amid ongoing regional situation
June 12th, 2026 - 05:27 GMT

HSBC convenes gathering of global investors to uncover Saudi Arabia opportunities amid ongoing regional situation

As ongoing volatility and regional tensions continue to disrupt global markets, the HSBC GCC Exchanges Conference in London this week brought together more than 300 investors, over 100 corporates and all seven stock exchanges from Gulf Cooperation Council (GCC), in more than 3,000 meetings, marking the largest convening in its five-year history. With the opening remarks delivered by Georges Elhedery, Group CEO, HSBC Group PLC, the conference’s first panel featured His Excellency Mohammed Bin Abdullah ElKuwaiz, Chairman of Capital Markets Authority Saudi Arabia, who discussed resilience, reform and the next ...
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Al Bawaba
January 7th, 2014 - 10:48 GMT

NBAD Fursati explores entrepreneurship opportunities for Women

Al Bawaba
January 7th, 2014 - 05:03 GMT

Smart Pay extends financial aid through Smart Pay Care

Dubai was already an important Islamic finance center, but the Emirate sees the story as larger than one of just banking.
January 7th, 2014 - 03:55 GMT

Islamic finance in 2014: on the verge of a tipping point?

Some analysts believe that a lack of awareness about various Islamic banking options underlies why the sector has suffered in Lebanon (Shutterstock)
January 6th, 2014 - 09:32 GMT

Why Islamic Finance is failing in Lebanon

Egypt's stock market has continued to rise since Fitch upgraded the country's economic outlook Friday from negative to stable (Courtesy of Al Jazeera)
January 6th, 2014 - 09:08 GMT

Nothing to "Fitch" about: Egypt stocks continue to rise after economic outlook upgrade

The new investment tools add greater in-depth to the country’s financial markets.(Image credit: Shutterstock)
January 6th, 2014 - 08:16 GMT

UAE issues new financial instruments to boost stock market

Al Bawaba
January 6th, 2014 - 07:40 GMT

Falcon Private Bank to introduce its Hong Kong private banking business to EFG Bank

Al Bawaba
January 6th, 2014 - 05:26 GMT

HSBC Bank Oman launches 2014 Mandoos savings scheme

The pace of the US Federal Reserve’s “tapering” in the coming year is likely to impact emerging market and frontier market sentiment, but investors in the Gulf are in a cautiously optimistic mode for now.
January 6th, 2014 - 03:55 GMT

Going bipolar? Abu Dhabi and Dubai markets going in opposite directions

Fitch also kept short-term foreign currency credit at B.
January 5th, 2014 - 03:55 GMT

Recovery ahead? Fitch ratings upgrades Egypt to 'negative to stable'

To prop up the lira, the central bank said on December 24 it will sell at least $6bn in auctions through the end of January and make it more costly for lenders to park foreign currencies in the bank’s coffers.
January 5th, 2014 - 03:55 GMT

The crisis persists: Turkey's stock markets are floundering and it's about more than corruption

UAE was upgraded to an emerging market in 2013 and expects to see $8 billion investment inflows in 2014 (File Archive)
January 2nd, 2014 - 12:35 GMT

How UAE "stock(ed)" up its economy for 2014

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