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Banking and Finance

Banking and Finance latest

Japanese Finance Vice Minister
August 3rd, 2026 - 11:54 GMT
P. Choiaqo

P. Choiaqo

US backs weakening Japanese yen for first time since 1998

ALBAWABA - Japan’s currency yen is suffering a significant weakening of its value, prompting the U.S. under the Trump administration to back the currency from failing as a sign of friendship. The yen slid to its weakest level since 1986 amid higher US interest rates, rising oil prices and persistent capital outflows, recording an exchange rate of 163.24 per dollar last month, prompting the US to intervene. The Financial Times ...
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INFINIOS Goes Live with Mastercard on Stablecoin Settlement, Marking a First for Issuers in the Kingdom of Bahrain
August 3rd, 2026 - 08:36 GMT

INFINIOS Goes Live with Mastercard on Stablecoin Settlement, Marking a First for Issuers in the Kingdom of Bahrain

Boursa Kuwait records net profit of KD 13.74 million in the first half of 2026, reinforcing the resilience of its business model despite regional tensions
August 3rd, 2026 - 04:40 GMT

Boursa Kuwait records net profit of KD 13.74 million in the first half of 2026, reinforcing the resilience of its business model despite regional tensions

Burgan Bank Honors Kuwait’s Top-Ranking Graduates in Collaboration with the Ministry of Education
August 3rd, 2026 - 04:40 GMT

Burgan Bank Honors Kuwait’s Top-Ranking Graduates in Collaboration with the Ministry of Education

NBB Unveils Multi-Currency Debit Card Feature, Enabling Seamless Global Transactions
August 3rd, 2026 - 04:40 GMT

NBB Unveils Multi-Currency Debit Card Feature, Enabling Seamless Global Transactions

Arab Bank Group Profits Grow to $571 Million for the First Half of 2026
August 2nd, 2026 - 04:07 GMT

Arab Bank Group Profits Grow to $571 Million for the First Half of 2026

Visa and noon launch Tap to Tip to make supporting delivery riders easier across the UAE
July 31st, 2026 - 05:05 GMT

Visa and noon launch Tap to Tip to make supporting delivery riders easier across the UAE

Mashreq Delivers Record H1 2026 Profit Before Tax of AED 4.8 Billion, Up 18% Year-on-Year
July 31st, 2026 - 04:14 GMT

Mashreq Delivers Record H1 2026 Profit Before Tax of AED 4.8 Billion, Up 18% Year-on-Year

NBB Introduces Young Participants to Digital Banking at Youth City 2030
July 31st, 2026 - 04:14 GMT

NBB Introduces Young Participants to Digital Banking at Youth City 2030

Burgan Bank Announces its Financial Results for the First Half of 2026
July 31st, 2026 - 04:14 GMT

Burgan Bank Announces its Financial Results for the First Half of 2026

CBI grows pre-tax profit by 68% to AED 156 million in H1 2026
July 31st, 2026 - 04:14 GMT

CBI grows pre-tax profit by 68% to AED 156 million in H1 2026

BingX Strengthens Market Confidence with Dedicated Trust Center
July 30th, 2026 - 03:52 GMT

BingX Strengthens Market Confidence with Dedicated Trust Center

ADIB delivers Strong H1 2026 results, with net profit before tax increasing 9% to 4.3 billion, and Industry-Leading ROE of 28%
July 30th, 2026 - 03:12 GMT

ADIB delivers Strong H1 2026 results, with net profit before tax increasing 9% to 4.3 billion, and Industry-Leading ROE of 28%

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