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Banking and Finance

Banking and Finance latest

His Royal Highness Prince Khalid bin Saud Al-Faisal Visits Sahm Capital to Witness Landmark Agreements and Receives First-Class Honorary Membership
September 16th, 2025 - 06:09 GMT

His Royal Highness Prince Khalid bin Saud Al-Faisal Visits Sahm Capital to Witness Landmark Agreements and Receives First-Class Honorary Membership

Sahm Capital, the Kingdom's leading fintech-driven financial company, proudly hosted His Royal Highness Prince Khalid bin Saud Al-Faisal, Chairman of Walking Challenge Entertainment Company, at its headquarters for a special ceremony that advanced two landmark initiatives supporting health, education, and financial literacy in line with Vision 2030. The event was attended by senior leaders from government and private sector institutions, underscoring the importance of cross-sector collaboration in advancing national goals. The ceremony began with the Saudi National Anthem and welcoming remarks from Mr. Steven Chou, Chairman of Sahm Capital, who ...
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Al Bawaba
April 10th, 2014 - 08:55 GMT

Saudi Prince hailed for criticizing country's banks' shortcomings

Al Bawaba
April 10th, 2014 - 08:41 GMT

Emirates NBD partnered with Zomato under ‘Bon Appétit’ programme

In an apparent step to distance itself from political pressure, Turkey's central bank said on Monday that the bank will decide for itself on the timing of any future interest rate cuts.
April 9th, 2014 - 05:04 GMT

Turkey's central bank approach: keep calm and defy Erdogan

The scenario's basic assumptions are a reduction in GDP, a sharp rise in the interest rate, a 20% drop in home prices, and a 12% unemployment rate
April 9th, 2014 - 04:49 GMT

An impending mortgage crisis in Israel? Well, the central bank can already envision one

First Gulf Bank
April 9th, 2014 - 11:13 GMT

FGB tackles underinsurance levels and supports growth of insurance sector

Al Bawaba
April 9th, 2014 - 09:05 GMT

Emirates Islamic unveils new suite of MasterCard Debit Cards

In the United Arab Emirates, where real estate prices are rising at a fast pace, the award of World Expo 2020 has further strengthened growth prospects
April 9th, 2014 - 06:36 GMT

IMF raises UAE's 2014 growth forecast to 4.4% thanks to Expo 2020, rising property prices

Al Bawaba
April 9th, 2014 - 05:49 GMT

UAE struggles with recovering bad debts, number 'could double’ in next few years

While revenues of banks in Qatar grew by 20 percent and banks in the UAE are back to double-digit growth overall, Saudi, Omani and Bahraini banks are experiencing single digit growth rates.
April 9th, 2014 - 02:55 GMT

Trust the borrowers: GCC banks post double-digit growth, and losses

Al Bawaba
April 8th, 2014 - 11:14 GMT

DIB holds annual ceremony to recognise employee talent and performance excellence

Al Bawaba
April 8th, 2014 - 07:16 GMT

Mashreq converts conventional fund and launches Sharia’h Compliant MENA Equity Fund

Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn in February, the Central Bank said on Monday.
April 7th, 2014 - 07:01 GMT

Foreign handouts do 'pay' after all: Egypt foreign reserves rise to $17.414 billion in March

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