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Banking and Finance

Banking and Finance latest

Gold
December 23rd, 2025 - 09:37 GMT
Al Bawaba Staff

Al Bawaba Staff

Gold prices hit record high due to US-Venezuela tensions

ALBAWABA - Gold prices reached a record high of $4,426.66 per ounce on Tuesday, amid heightened geopolitical and financial tensions, including the US's attempts to seize Venezuelan oil tankers. The BBC reported that the price of the metal increased after news that the US central bank will cut interest rates in 2026. Additionally, silver prices also jumped after hitting an all-time high of $69.44 yesterday. Gold prices hit record high ...
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FGB representatives receiving the award
June 14th, 2016 - 07:49 GMT

Ferrari: FGB wins ‘Best Premium Credit Card’ award for second consecutive year

EFG Hermes sold 2,700,000 of its shares to CIH Bahrain International Holding, a Lebanon-registered company controlled by the heirs of late Saudi billionaire Khaled bin Mahfouz. (File photo)
June 13th, 2016 - 10:00 GMT

Egypt's EFG Hermes’ shareholders to receive $121.6M from sale of Credit Libanais

Vikram Pradhan, Head of Corporate & Institutional Banking, NBF, speaks at the National Bank of Fujairah’s Knowledge Series 2016
June 13th, 2016 - 05:04 GMT

National Bank of Fujairah highlights impact of changing legislation and market challenges facing UAE companies in inaugural Knowledge Series

During the event
June 13th, 2016 - 04:48 GMT

ADCB recognized by Euromoney Award for Excellence 2016

An explosive device hidden in plants outside BLOM bank headquarters in the Verdun neighborhood went off shortly after 8 pm on a mainly deserted street last night. (AFP/Anwar Amro)
June 13th, 2016 - 04:22 GMT

Beirut's BLOM Bank bombing keeps spotlight on Hezbollah funding debate

Meydan has multiple projects in various stages of development, including the signature mixed-use Meydan One master-development and partnership in the Dubai Canal extension. (Meydan)
June 12th, 2016 - 10:00 GMT

Dubai's Meydan Group secures $270M in Islamic financing

HE Younis Haji Al Khoori, Undersecretary of MoF
June 12th, 2016 - 09:32 GMT

MoF signs cooperation agreement with UAE Central Bank

Salma Al-Hajjaj of Gulf Bank with the winning team “Cloudzzz”
June 12th, 2016 - 05:13 GMT

Gulf Bank congratulates INJAZ Kuwait and students in Company Program Competition 2016

During the event
June 9th, 2016 - 09:30 GMT

Noor Bank’s Information Technology Department awarded with ISO Certifications

The proposed merger would create a bank with combined assets of almost $16 billion, according to Bloomberg. (File photo)
June 9th, 2016 - 04:19 GMT

Proposed merger of Bank Sohar, Bank Dhofar will create Oman's second largest bank

Ali Al Najjar, Assistant General Manager and Head of Operations Department at Al Ansari Exchange, receiving the Superbrand trophy at the gala night of the prestigious Superbrands Tribute Event
June 8th, 2016 - 07:14 GMT

Al Ansari Exchange wins 11th ‘UAE Superbrand’ trophy in a row

The paper banknotes of EGP1, EGP 0.5, and EGP 0.25 were removed from the market several years ago and were replaced with coins. (Shutterstock)
June 7th, 2016 - 10:00 GMT

Small change: Egypt Central Bank reprints $56M worth of EGP1 notes

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