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Banking and Finance

Banking and Finance latest

Strategic Alliance Between Sahm Capital and the Financial Academy to Enhance Financial Literacy in Saudi Arabia
October 31st, 2025 - 05:51 GMT

Strategic Alliance Between Sahm Capital and the Financial Academy to Enhance Financial Literacy in Saudi Arabia

Sahm Capital, a CMA-licensed financial company (License No. 22251-25), and the Financial Academy, the national arm dedicated to developing and qualifying talent in the financial sector, have signed a strategic Memorandum of Understanding (MoU) aimed at enhancing financial literacy among investors and empowering national talents in Saudi Arabia. This partnership reflects the shared commitment of both institutions to empower individuals with financial knowledge and strengthen the financial ecosystem through collaboration between the public and private sectors. The initiative aligns with the objectives of Saudi Vision 2030, supporting efforts to build ...
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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

The Islamic finance industry growth will go double digit in 2014. (Image credit: Shutterstock)
January 2nd, 2014 - 07:50 GMT

Islamic finance industry to grow to $2 trillion

The former head of defunct New York law firm Dewey & LeBoeuf has become the top legal adviser to the government of Ras al Khaimah, according to an internal government memo.
January 1st, 2014 - 05:12 GMT

Fresh with mismangement charges, ex-head of bankrupt US law firm becomes a UAE top legal advisor

Egypt's annual inflation rate increased to 12.9 percent in November (File Archive)
January 1st, 2014 - 05:00 GMT

What Egypt's 9 percent pound value plummet in 2013 means for 2014

Al Bawaba
December 30th, 2013 - 08:34 GMT

Gulf Bank closes during New Year Holiday

According to Fahmy, the government had to turn to cash in the banks as the country was in a critical situation and the banking sector could help.
December 29th, 2013 - 07:54 GMT

Banking on Egypt's future: why banks loans to the government are a secure investment

Al Bawaba
December 29th, 2013 - 09:04 GMT

ADIB shares its customer service expertise with Federal Electricity and Water Authority

Al Bawaba
December 29th, 2013 - 05:54 GMT

alizz islamic bank ends 2013 on a high note with win of ‘Most Innovative Islamic Bank Oman’ Award

Gulf Bank
December 29th, 2013 - 05:39 GMT

Gulf Bank announces the winners of the Al Danah daily draws for the week of December 15th to December 19th

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