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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan
July 22nd, 2026 - 04:40 GMT

Sharjah Islamic Bank Reinforces Commitment to the UAE's National Payments Vision Through Jaywan

Following the official launch of Jaywan by Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), Sharjah Islamic Bank (SIB) has reaffirmed its support for the UAE's vision for a secure, resilient and sovereign financial future through its participation in the UAE’s domestic card scheme. Jaywan is the UAE’s domestic card scheme, developed to strengthen the country’s payment infrastructure and support secure and reliable transactions within the UAE. Jaywan reinforces the resilience of domestic payments while advancing the nation’s wider ambitions for financial innovation and ...
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The UAE is ranked amongst the top countries in terms of mobile penetration and easy access to internet, which further enhances the country’s potential for embracing digital banking services. (Shutterstock)
August 6th, 2018 - 07:38 GMT

4 Areas Commercial Banks Need to Digitize

Garanti Bank sold $250 million worth of loans to Chinese and American banks and Halkbank is also in talks to sell loans. (Pixabay)
August 5th, 2018 - 11:46 GMT

Turkish Banks Free up Cash Through Foreign Lenders

It is worth mentioning that the Eideya delivery service comes as part of the bank’s wide range of valuable privileges and benefits that is especially designated for its Premier customers.
August 5th, 2018 - 06:17 GMT

Burgan Bank Offers Free Eideya Delivery Service to Premier Banking Customers

The UAE has 46 commercial banks for 9.5mn people, while Saudi Arabia has 12 local lenders and 14 foreign-bank branches for 33.6mn people, according to central bank data and information from Worldometers. (Shutterstock)
August 2nd, 2018 - 11:34 GMT

The Reasons Behind GCC Banks Mergers

Alain Marckus, Managing Director and Head of Investment Strategy and Investment Management for FAB Personal Banking Group
August 2nd, 2018 - 10:25 GMT

FAB Appoints Head of Investment Strategy and Investment Management for Personal Banking

ABC Islamic Bank’s total assets stood at US$1.749 billion as of June 30, 2018 compared to US$1.559 billion at 2017 year-end.
August 2nd, 2018 - 06:55 GMT

Bank ABC Islamic Announces Half-Year Net Profit of $15.6 Million

Isam Al-Sager, NBK Group Chief Executive Officer
August 2nd, 2018 - 06:50 GMT

NBK-Bahrain Reports Net Profits of BHD 55 Million for the First Half of 2018, up 19.4 Percent Y-O-Y

Loulwa Abdulla Al-Ayoubi - Acting Group Head of Investor & Corporate Communications, Burgan Bank
August 1st, 2018 - 11:45 GMT

Burgan Bank Contributes to the Integration of Children with Autism into Society through Support of Autism Partnership - Kuwait

Dubai Gold and Commodities Exchange (DGCX) has begun H2 strongly, recording an Average Open Interest (AOI) of 323,477 contracts in July.
August 1st, 2018 - 11:02 GMT

DGCX Records Highest Average Open Interest, Surpassing 300,000 Contracts for July

An increasing number of Western banks and fund managers are looking to expand in the Kingdom. (Shutterstock)
August 1st, 2018 - 06:29 GMT

Credit Suisse Seeks Full Banking Licence in Saudi Arabia

Mysk Al Mouj’s employees from the various department participated in the initiative at the venue’s stunning premises.
July 31st, 2018 - 11:53 GMT

Mysk Al Mouj by Shaza Answers National Call for Blood Donation

Mr. Yousif Ali Mirza, CrediMax Chief Executive
July 31st, 2018 - 11:37 GMT

CrediMax Wins 2018 Best Digital Wallet GCC Award

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