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Banking and Finance

Banking and Finance latest

Visa Study Reveals: Improved Checkout Experience Can Further Accelerate eCommerce Growth in Jordan
May 18th, 2026 - 08:51 GMT

Visa Study Reveals: Improved Checkout Experience Can Further Accelerate eCommerce Growth in Jordan

New findings released by Visa from its ‘Checkout Friction Report’ in Jordan reveal that simplifying online checkout while maintaining robust security is key to accelerating ecommerce adoption. Almost eight out of ten (79%) respondents in Jordan purchase groceries and beverages every week online, alongside frequent transactions in various categories such as fashion & accessories and books & entertainment, highlighting the frequent transactions across various categories. This active engagement in online shopping is overwhelmingly mobile-first, with 91% showing a preference for making purchases directly from their mobile phones. While ecommerce adoption ...
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RAKBANK delivers the highest annual profit growth in over a decade with a Net Profit of AED 1,163.4M and a growth of 53.4% YoY
February 13th, 2023 - 04:21 GMT

RAKBANK delivers the highest annual profit growth in over a decade with a Net Profit of AED 1,163.4M and a growth of 53.4% YoY

 KPMG in Kuwait conducts annual tax event 'Talking Tax'; aims to update business on the local and regional tax landscapes
February 13th, 2023 - 03:21 GMT

KPMG in Kuwait conducts annual tax event 'Talking Tax'; aims to update business on the local and regional tax landscapes

 Boursa Kuwait increases its net profit by 13.3% to reach KD 18 million for 2022
February 13th, 2023 - 08:20 GMT

Boursa Kuwait increases its net profit by 13.3% to reach KD 18 million for 2022

Bank ABC announces 2022 results Net profit of $154 million attributable to the shareholders of the parent, a 54% surge over last year
February 13th, 2023 - 07:08 GMT

Bank ABC announces 2022 results Net profit of $154 million attributable to the shareholders of the parent, a 54% surge over last year

Al Salam Bank’s Mobile App Brings a New Era of Payday with Salary Advance Launch
February 13th, 2023 - 06:39 GMT

Al Salam Bank’s Mobile App Brings a New Era of Payday with Salary Advance Launch

Bank ABC Islamic announces 2022 year-end net profit of $38.8 million
February 12th, 2023 - 08:04 GMT

Bank ABC Islamic announces 2022 year-end net profit of $38.8 million

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match
February 12th, 2023 - 07:44 GMT

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance
February 10th, 2023 - 07:03 GMT

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance

Ajman Bank Reports Net Profit of AED 162.1 Million  in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)
February 9th, 2023 - 07:58 GMT

Ajman Bank Reports Net Profit of AED 162.1 Million in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
February 9th, 2023 - 07:14 GMT

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Al Salam Bank Announces Financial Results for 2022
February 9th, 2023 - 06:59 GMT

Al Salam Bank Announces Financial Results for 2022

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem
February 9th, 2023 - 07:33 GMT

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem

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