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Banking and Finance

Banking and Finance latest

Sahm Investment Strategy Summit Highlights How AI, Data and Regional Cooperation Are Reshaping Capital Markets
December 26th, 2025 - 08:41 GMT

Sahm Investment Strategy Summit Highlights How AI, Data and Regional Cooperation Are Reshaping Capital Markets

Saudi Arabia continues to advance its ambitions as a regional financial hub, driven by ongoing capital-market reforms, data-led innovation, fintech adoption and rising participation from both retail and institutional investors. Increased adoption of digital investment platforms and the continued modernization of market infrastructure are reshaping how capital markets operate across the Kingdom. This backdrop of economic transformation framed discussions at the Sahm Investment Strategy Summit in Riyadh hosted by Sahm Capital, where a panel of market experts discussed how AI, data and regional connectivity are influencing the structure and evolution ...
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Customer deposits grew by $4.7 billion in the first half of this year, in line with average first half growth of the previous five years, to reach $173.3 billion at the end of June.(Shutterstock)
August 8th, 2018 - 12:19 GMT

Report: Deposits in Lebanese Banks Exceed $170 Billion

The app is accessible to the public to download.
August 8th, 2018 - 11:26 GMT

The Deloitte 'VAT in the GCC Guide' Mobile App in Arabic

During the event
August 8th, 2018 - 10:54 GMT

NBB Staff Complete Workshop Delivering Success in a Rapidly Evolving Market

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

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