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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
August 12th, 2013 - 10:01 GMT

NBAD appoints Group Chief Information Officer

The recent rush by UAE banks to lend at lower interest rates to corporate borrowers has been criticized as ‘irrational exuberance’.
August 12th, 2013 - 09:17 GMT

Are UAE banks displaying irrational exuberance?

With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.
August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

Syria’s economy has been hurt by depletion of foreign reserves that were estimated at around $16 billion to $18 billion before the conflict.under an article in the bloc’s regulations on Syria, “the release of frozen funds or economic resources may be authorized when this is necessary for humanitarian purposes.”
August 7th, 2013 - 11:22 GMT

Syrian regime seeks frozen bank accounts for vital food supplies

Ahmed Al Marzouqi, General Manager, Retail Distribution, Emirates NBD
August 7th, 2013 - 09:47 GMT

Emirates NBD enables 18 lucky customers to visit one of the Seven Wonders of the World

Al Bawaba
August 7th, 2013 - 07:20 GMT

Mashreq’s 3 E Cube Retail Concept inaugurated in Ibn Battuta branch

In its latest series of studies, The Future of Retirement: A new reality, HSBC looked into the obstacles that prevent consumers from saving for their later life.
August 7th, 2013 - 06:43 GMT

The new realities of retirement in the UAE

The country has run through more than $20bn in reserves, borrowed billions from abroad and delayed payments to oil companies to support its currency since its popular uprising in early 2011 (Getty images).
August 6th, 2013 - 10:36 GMT

Thanks to Gulf States, Egypt Foreign Reserves Highest in 20 months

During the event
August 6th, 2013 - 09:43 GMT

Jordan Ahli Bank hosts unique Happy Day Iftar

ADIB's Exhibition - The Road from Jerusalem to Mecca and Medina
August 6th, 2013 - 07:52 GMT

ADIB extends historical exhibition through Eid Al Fitr

The development is significant given that India has the world's third-largest Muslim population - after Indonesia and Pakistan - but does not allow Islamic banking.
August 6th, 2013 - 06:49 GMT

Growing interest? The state of Islamic banking in India

Al Bawaba
August 5th, 2013 - 09:58 GMT

Khalifa Fund organizes Abu Dhabi Forum on Entrepreneurship to incubate the next generation of business visionaries next October

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