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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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Islamic Development Bank (IsDB) Institute and Labuan Financial Services Authority Sign Memorandum of Understanding (MoU) to Explore Awqaf Free Zones Concept Implementation
June 17th, 2026 - 04:34 GMT

Islamic Development Bank (IsDB) Institute and Labuan Financial Services Authority Sign Memorandum of Understanding (MoU) to Explore Awqaf Free Zones Concept Implementation

International Islamic Trade Finance Corporation (ITFC) and The Gambia Sign US$250 Million Framework Agreement to Advance Trade, Energy Security and Private Sector Development
June 17th, 2026 - 04:34 GMT

International Islamic Trade Finance Corporation (ITFC) and The Gambia Sign US$250 Million Framework Agreement to Advance Trade, Energy Security and Private Sector Development

SIB Announces Aed 2 Million Grand Prize Winner in the Sib Millionaire Campaign
June 16th, 2026 - 08:42 GMT

SIB Announces Aed 2 Million Grand Prize Winner in the Sib Millionaire Campaign

Jordan Ahli Bank Signs Confirming Bank Agreement with European Bank for Reconstruction and Development
June 16th, 2026 - 04:30 GMT

Jordan Ahli Bank Signs Confirming Bank Agreement with European Bank for Reconstruction and Development

NBB Sponsors Best Academic Achievement Award at the 2026 American University of Bahrain Graduation Ceremony
June 16th, 2026 - 04:20 GMT

NBB Sponsors Best Academic Achievement Award at the 2026 American University of Bahrain Graduation Ceremony

Visa Study: 80% in Jordan Use AI to Shop, But Trust is Key at Checkout
June 15th, 2026 - 08:22 GMT

Visa Study: 80% in Jordan Use AI to Shop, But Trust is Key at Checkout

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

Markaz Participates as Gold Sponsor of Kuwait Second Forum on State Development Projects (ENCON5)
June 15th, 2026 - 04:15 GMT

Markaz Participates as Gold Sponsor of Kuwait Second Forum on State Development Projects (ENCON5)

Bank Melli Iran
June 14th, 2026 - 12:14 GMT
P. Choiaqo

Cyberattack hits four banks in Iran

NBB Hands Over the First Villa in the 2026 Thara’a Draw and Announces Cash Prizes Worth $1 Million for 100 Winners
June 14th, 2026 - 04:13 GMT

NBB Hands Over the First Villa in the 2026 Thara’a Draw and Announces Cash Prizes Worth $1 Million for 100 Winners

Boursa Kuwait and KCC launch annual blood donation campaign with the theme of Invest in life, donate blood
June 14th, 2026 - 03:51 GMT

Boursa Kuwait and KCC launch annual blood donation campaign with the theme of Invest in life, donate blood

Markaz Sponsors Thought Leadership Circle Organized by KDIPA and The Business Year
June 14th, 2026 - 03:51 GMT

Markaz Sponsors Thought Leadership Circle Organized by KDIPA and The Business Year

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