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Banking and Finance

Banking and Finance latest

20th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)-Islamic Development Bank (IsDB) Annual Islamic Banking and Finance Conference Successfully Concluded
November 7th, 2025 - 06:04 GMT

20th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)-Islamic Development Bank (IsDB) Annual Islamic Banking and Finance Conference Successfully Concluded

The 20th Annual Islamic Banking and Finance Conference, organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank (IsDB), was successfully concluded on 3 November 2025 at the Crowne Plaza Hotel in the Kingdom of Bahrain. The event commenced with keynote addresses by H.E. Sheikh Ebrahim bin Khalifa Al Khalifa, Chairman, AAOIFI Board of Trustees, and H.E. Dr. Sami Al-Suwailem, Acting Director General of the Islamic Development Bank Institute (IsDBI). The opening ceremony also included honouring the sponsors and a number of distinguished ...
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During the event
August 8th, 2018 - 10:43 GMT

Mashreq, Trade Bank of Iraq and General Electric Enter Into Strategic Cooperation

Mastercard remains committed to leveraging its technological expertise and capabilities to support the Kingdom’s journey to becoming a cashless society.
August 8th, 2018 - 09:46 GMT

Mastercard Continues to Support KSA’s Cashless Drive With New Multi-Layered Security Payment Solution for Mobile: Mada Pay

Lebanese economy situation is fragile and needs a new phase of reforms. (Shutterstock)
August 7th, 2018 - 10:43 GMT

Lebanese Pound Stable Despite Fragile Economy

In a statement to the press, the Central Bank of Kuwait “assures that all the figures contained in that report are altogether incorrect." (Shutterstock)
August 6th, 2018 - 09:03 GMT

Central Bank of Kuwait Denies Expats Bad Debts Report

Dr. Abdullah bin Hassan Alabdulgader, Chairman of GIB
August 6th, 2018 - 08:36 GMT

GIB Continues Progress in Expansion Strategy and Strengthening of KSA Presence

The UAE is ranked amongst the top countries in terms of mobile penetration and easy access to internet, which further enhances the country’s potential for embracing digital banking services. (Shutterstock)
August 6th, 2018 - 07:38 GMT

4 Areas Commercial Banks Need to Digitize

Garanti Bank sold $250 million worth of loans to Chinese and American banks and Halkbank is also in talks to sell loans. (Pixabay)
August 5th, 2018 - 11:46 GMT

Turkish Banks Free up Cash Through Foreign Lenders

It is worth mentioning that the Eideya delivery service comes as part of the bank’s wide range of valuable privileges and benefits that is especially designated for its Premier customers.
August 5th, 2018 - 06:17 GMT

Burgan Bank Offers Free Eideya Delivery Service to Premier Banking Customers

The UAE has 46 commercial banks for 9.5mn people, while Saudi Arabia has 12 local lenders and 14 foreign-bank branches for 33.6mn people, according to central bank data and information from Worldometers. (Shutterstock)
August 2nd, 2018 - 11:34 GMT

The Reasons Behind GCC Banks Mergers

Alain Marckus, Managing Director and Head of Investment Strategy and Investment Management for FAB Personal Banking Group
August 2nd, 2018 - 10:25 GMT

FAB Appoints Head of Investment Strategy and Investment Management for Personal Banking

ABC Islamic Bank’s total assets stood at US$1.749 billion as of June 30, 2018 compared to US$1.559 billion at 2017 year-end.
August 2nd, 2018 - 06:55 GMT

Bank ABC Islamic Announces Half-Year Net Profit of $15.6 Million

Isam Al-Sager, NBK Group Chief Executive Officer
August 2nd, 2018 - 06:50 GMT

NBK-Bahrain Reports Net Profits of BHD 55 Million for the First Half of 2018, up 19.4 Percent Y-O-Y

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