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Banking and Finance

Banking and Finance latest

ADX welcomes FAB as a General Clearing Member
April 24th, 2026 - 08:28 GMT

ADX welcomes FAB as a General Clearing Member

The Abu Dhabi Securities Exchange (ADX) Group has expanded its post-trade ecosystem with the addition of First Abu Dhabi Bank (FAB) as a General Clearing Member (GCM), marking a key step in advancing its market infrastructure to support greater institutional and international participation. FAB joins a growing network of GCMs strengthening ADX’s clearing framework and enhancing access to Abu Dhabi’s capital markets. FAB has secured approvals from the UAE’s Capital Markets Authority (CMA) and Abu Dhabi Clear (AD Clear) to provide clearing services across ADX-listed securities. The expansion of ADX’s ...
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Crypto market sees massive losses, over $188B wiped out
February 3rd, 2025 - 06:45 GMT
Reema Tuqan

Crypto market sees massive losses, over $188B wiped out

Fuad Mohamed appointed as new CEO of Arab Bank for Investment and Foreign Trade (Al Masraf)
February 2nd, 2025 - 10:57 GMT

Fuad Mohamed appointed as new CEO of Arab Bank for Investment and Foreign Trade (Al Masraf)

NBB Concludes its 2024 Digital Banking Challenge
February 2nd, 2025 - 10:52 GMT

NBB Concludes its 2024 Digital Banking Challenge

Arab Bank Group achieves record net profit of USD 1 Billion for 2024, 40% cash dividends
February 2nd, 2025 - 10:46 GMT

Arab Bank Group achieves record net profit of USD 1 Billion for 2024, 40% cash dividends

Kanye West
February 2nd, 2025 - 07:21 GMT
Khaled S.

Is Kanye West dropping a new cryptocurrency? $YE rumors swarm the internet

SoftBank will fund OpenAI with $40B
January 31st, 2025 - 09:05 GMT
Reema Tuqan

SoftBank will fund OpenAI with $40B

Burgan Bank Renews its Longstanding Strategic Partnership with Visa
January 30th, 2025 - 07:03 GMT

Burgan Bank Renews its Longstanding Strategic Partnership with Visa

ADCB reports profit before tax of AED 10.585 bn in FY’24
January 28th, 2025 - 07:44 GMT

ADCB reports profit before tax of AED 10.585 bn in FY’24

KPMG’s globally aggregated revenue rises 5.1% to surpass US$ 38.4b mark; regional growth robust as aggregated revenue in the MESAC region increases by 19.1% (in local currency)
January 27th, 2025 - 07:38 GMT

KPMG’s globally aggregated revenue rises 5.1% to surpass US$ 38.4b mark; regional growth robust as aggregated revenue in the MESAC region increases by 19.1% (in local currency)

RAKBANK triples its profit in 3 years, crossing AED 2B profit before tax for the first time in its history
January 23rd, 2025 - 01:45 GMT

RAKBANK triples its profit in 3 years, crossing AED 2B profit before tax for the first time in its history

Kuwait welcomes the return of KIB | The Stadium
January 23rd, 2025 - 01:29 GMT

Kuwait welcomes the return of KIB | The Stadium

Saudi Arabia to invest $600B in partnership with the US
January 23rd, 2025 - 09:48 GMT
Reema Tuqan

Saudi Arabia to invest $600B in partnership with the US

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