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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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S&P affirms Bank ABC’s Investment Grade Rating of ‘BBB-/A-3’ rating  and ‘Stable’ Outlook
May 24th, 2026 - 04:23 GMT

S&P affirms Bank ABC’s Investment Grade Rating of ‘BBB-/A-3’ rating and ‘Stable’ Outlook

BingX Unveils "Infinite Vision" on 8th Anniversary, Accelerating Multi-Asset Expansion
May 22nd, 2026 - 11:00 GMT

BingX Unveils "Infinite Vision" on 8th Anniversary, Accelerating Multi-Asset Expansion

ADIB and DAMAC Ease the Path to Homeownership with New Comprehensive Finance Solution
May 22nd, 2026 - 03:13 GMT

ADIB and DAMAC Ease the Path to Homeownership with New Comprehensive Finance Solution

Mastercard Lighthouse launches in the UAE in collaboration with UAE AI Office to accelerate fintech innovation
May 22nd, 2026 - 02:47 GMT

Mastercard Lighthouse launches in the UAE in collaboration with UAE AI Office to accelerate fintech innovation

Sahm App Exceeds 2 Million Users, Marking a New Milestone in Its Growth Journey
May 21st, 2026 - 04:08 GMT

Sahm App Exceeds 2 Million Users, Marking a New Milestone in Its Growth Journey

Visa Launches “Agentic Ready” Program in CEMEA to Accelerate Agent-Led Commerce
May 21st, 2026 - 03:17 GMT

Visa Launches “Agentic Ready” Program in CEMEA to Accelerate Agent-Led Commerce

KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark USD 700 million Sukuk issuance by First Abu Dhabi Bank
May 21st, 2026 - 03:10 GMT

KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark USD 700 million Sukuk issuance by First Abu Dhabi Bank

QNB Group and Mastercard in Strategic Collaboration to expand Cards and Digital Payments across Syria
May 21st, 2026 - 02:59 GMT

QNB Group and Mastercard in Strategic Collaboration to expand Cards and Digital Payments across Syria

EFE UAE Launches AJYAL 2026 Program at AURAK to Equip Youth with AI, Green Skills and Job Readiness
May 20th, 2026 - 04:42 GMT

EFE UAE Launches AJYAL 2026 Program at AURAK to Equip Youth with AI, Green Skills and Job Readiness

QNB Group and Mastercard in Strategic Collaboration to expand Cards and Digital Payments across Syria
May 20th, 2026 - 04:15 GMT

QNB Group and Mastercard in Strategic Collaboration to expand Cards and Digital Payments across Syria

KIB facilitates “Eidiya” access across branches and ITMs ahead of Eid Al-Adha
May 20th, 2026 - 04:14 GMT

KIB facilitates “Eidiya” access across branches and ITMs ahead of Eid Al-Adha

Burgan Bank Receives ISO 14001:2015 Certification for Environmental Management Systems
May 20th, 2026 - 04:00 GMT

Burgan Bank Receives ISO 14001:2015 Certification for Environmental Management Systems

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