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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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Alkhabeer Capital Named Saudi Arabia’s Best Workplace in the Financial Sector for the 14th Consecutive Year and Among the Top 10 SMEs
June 1st, 2026 - 07:02 GMT

Alkhabeer Capital Named Saudi Arabia’s Best Workplace in the Financial Sector for the 14th Consecutive Year and Among the Top 10 SMEs

Burgan Bank Concludes its National Initiative for Honoring the Ministry of Interior Frontliners
May 31st, 2026 - 09:52 GMT

Burgan Bank Concludes its National Initiative for Honoring the Ministry of Interior Frontliners

KIB concludes sponsorship of Kuwait’s 4th GCC Games participation, celebrates delegation’s achievements
May 31st, 2026 - 09:49 GMT

KIB concludes sponsorship of Kuwait’s 4th GCC Games participation, celebrates delegation’s achievements

Iranian Cryptocurrency
May 31st, 2026 - 06:33 GMT
P. Choiaqo

US seizes Iranian cryptocurrency worth $1 billion

Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager
May 28th, 2026 - 03:18 GMT

Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager

KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal
May 26th, 2026 - 01:10 GMT

KIB supports Hajj pilgrims at Kuwait International Airport’s T4 Terminal

KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance
May 26th, 2026 - 04:20 GMT

KIB Group, represented by KIB Invest, acts as Joint Lead Manager in Islamic Development Bank’s USD 1 billion Sukuk issuance

NBB Introduces Yalla Eidiya Pocket Through its Yalla Family Banking Proposition
May 26th, 2026 - 04:17 GMT

NBB Introduces Yalla Eidiya Pocket Through its Yalla Family Banking Proposition

NBB Announces Availability of Eidiya Banknotes Through Select ATMs
May 25th, 2026 - 04:18 GMT

NBB Announces Availability of Eidiya Banknotes Through Select ATMs

Ajay Banga in G7 summit
May 24th, 2026 - 09:05 GMT
P. Choiaqo

Iran War pressures 27 countries to ask for crisis funds from World Bank

FAB Report Highlights AED 381 Billion Mobilised in Sustainable and Transition Finance
May 24th, 2026 - 05:23 GMT

FAB Report Highlights AED 381 Billion Mobilised in Sustainable and Transition Finance

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies trading on the exchange
May 24th, 2026 - 04:55 GMT

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies trading on the exchange

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