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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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Surprises aren't always pleasant, especially when they require digging into a nonexistent savings account.
December 29th, 2013 - 03:55 GMT

How to handle financial surprises without letting them destroy your budget

About 38 per cent of those who avoid full disclosure said their basic income is higher than their partner thinks it is, while a third (31 per cent) have received at least one bonus that their partner has no knowledge of.
December 29th, 2013 - 03:55 GMT

Keeping it modern: Dubai's couples hide salary, savings, and even their ferraris, from each other


But Gulf stocks are no longer as cheap as they were relative to the rest of the world, and some economic shifts may not be ideal for markets.
December 26th, 2013 - 03:10 GMT

Bullish growth projected for GCC stocks in 2014

Governments are now issuing sukuks to finance their debts (File Archive)
December 26th, 2013 - 12:44 GMT

Why are sukuk sales set to soar in 2014?

Al Bawaba
December 26th, 2013 - 08:07 GMT

NBAD celebrates 25 years of banking experience

alizz islamic bank
December 26th, 2013 - 06:21 GMT

alizz islamic bank's headquarters adds an iconic masterpiece to CBD skyline

The central bank on Tuesday made its most clear commitment yet to ramping up its support of the lira, promising to sell at least $6 billion in foreign currency by the end of January.
December 26th, 2013 - 03:55 GMT

Turkish markets hit hard by corruption scandal, and it's about to get worse

Islamic banking is an industry based on trust. The fact that some suppliers are not completely trustworthy will impact the reputation and the trust of the industry.
December 26th, 2013 - 03:55 GMT

Is a scandal awaiting the Islamic finance industry in 2014?

Infrastructure spending in the gulf has risen sharply in recent years. (Image credit: Shutterstock)
December 25th, 2013 - 10:02 GMT

Abu Dhabi sovereign to return even as Gulf bonds are set to surge

Saudi's stock market reached a new five-year high of 8,562 points this week (File Archive)
December 25th, 2013 - 05:00 GMT

Why Saudi stocks are at five-year high

“We are in a rally, but at the end of the day it depends on whether it has legs and this depends on earnings.”
December 24th, 2013 - 06:28 GMT

Dubai is severely affecting Middle Eastern stock markets

Faisal Aqil, Deputy Chief Executive Officer, Consumer Wealth Management, Emirates Islamic
December 24th, 2013 - 06:46 GMT

Emirates Islamic launches remittance offer for end of year holiday season

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