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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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As importers sought foreign currency from a growing black market, pressuring the value of the pound, the central bank has taken measures to control the market. (File photo)
February 24th, 2016 - 08:00 GMT

Egypt's Central Bank eases restrictions on import requirements

Al Bawaba
February 24th, 2016 - 06:00 GMT

Lebanese banks removed from financial watchdog list

MasterCard
February 23rd, 2016 - 12:53 GMT

‘Digital Wallets’ dominated mobile payments conversations in MEA in 2015, reveals MasterCard’s fourth Mobile Payments study

Al Bawaba
February 23rd, 2016 - 12:00 GMT

GCC banks may face double squeeze due to low oil prices: Moody's

Tarek Amer, governor of the Central Bank of Egypt. (File photo)
February 23rd, 2016 - 09:49 GMT

Egypt won't float currency until reserves reach at least $25B: CBE

During the graduation ceremony
February 23rd, 2016 - 08:55 GMT

Emirates NBD celebrates graduation of 236 UAE Nationals

During the event
February 22nd, 2016 - 10:34 GMT

Emirates Islamic supports Sharjah Leadership Program

The donations came from Banque Misr, the National Bank of Egypt (NBE), the Commercial International Bank (CIB), and the Banque du Caire. (File photo)
February 22nd, 2016 - 05:09 GMT

Egyptian banks donate $5.1M towards downtown Cairo redevelopment

The proposed new capital was announced in March 2015 and will be located 45 kilometers east of Cairo. (Twitter)
February 21st, 2016 - 01:30 GMT

African Development Bank to contribute $1.5B to Egypt's new capital project

Habib Bank AG Zurich
February 21st, 2016 - 08:37 GMT

HBL UAE’s 24/7 call center now fully operational following completion of new upgrade

SIB Booth during NCE
February 21st, 2016 - 06:14 GMT

Sharjah Islamic Bank initiates Emirati recruitment drive following participation in National Career Exhibition

Headquarters of the African Export-Import Bank in Cairo. (Afreximbank)
February 21st, 2016 - 06:00 GMT

Egypt: Afreximbank offers CBE $500M in trade finance aid

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