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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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Burgan Bank Wins Euromoney Award for “Best for High-Net-Worth” in Kuwait
May 5th, 2026 - 05:49 GMT

Burgan Bank Wins Euromoney Award for “Best for High-Net-Worth” in Kuwait

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery
May 4th, 2026 - 10:02 GMT

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closedAbu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the Pullman London St Pancras. This 50/50 club deal marks the second deal between the two financial institutions, strengthening their presence in the UK real estate market.  The Pullman London St Pancras is a highly r
May 4th, 2026 - 08:34 GMT

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closed

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE
May 4th, 2026 - 07:37 GMT

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE

Jordan Ahli Bank Presents ‘The Coinage of Madaba in the Jordan Ahli Bank Numismatics Museum’ to Greater Madaba Municipality
May 3rd, 2026 - 11:35 GMT

Jordan Ahli Bank Presents ‘The Coinage of Madaba in the Jordan Ahli Bank Numismatics Museum’ to Greater Madaba Municipality

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations
May 3rd, 2026 - 05:42 GMT

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations

VaultsPay and Mastercard Announce Strategic Collaboration to Expand Digital Payments in the UAE
May 3rd, 2026 - 05:38 GMT

VaultsPay and Mastercard Announce Strategic Collaboration to Expand Digital Payments in the UAE

Amid exceptional geopolitical challenges, Boursa Kuwait records a net profit of KD 5.99 million in the first quarter of 2026
May 3rd, 2026 - 05:31 GMT

Amid exceptional geopolitical challenges, Boursa Kuwait records a net profit of KD 5.99 million in the first quarter of 2026

Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026
May 3rd, 2026 - 05:22 GMT

Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026

ADX hosts region’s first IOP for a U.S.-based ETF, cross-listing the first Shari’ah-compliant and fourth ETF overall from the U.S.
May 1st, 2026 - 03:53 GMT

ADX hosts region’s first IOP for a U.S.-based ETF, cross-listing the first Shari’ah-compliant and fourth ETF overall from the U.S.

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion
May 1st, 2026 - 03:47 GMT

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion

Citi Announces Senior Leadership Appointments to Strengthen International Franchise
May 1st, 2026 - 03:44 GMT

Citi Announces Senior Leadership Appointments to Strengthen International Franchise

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