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Banking and Finance

Banking and Finance latest

Sahm App Ranks No. 1 in Finance on the Saudi App Store as User Growth Surges
March 25th, 2026 - 01:06 GMT

Sahm App Ranks No. 1 in Finance on the Saudi App Store as User Growth Surges

Sahm App - تطبيق سهم, a trading platform licensed by the Capital Market Authority (CMA) has ranked No. 1 in the Finance category on the Saudi App Store as of March 2025, underscoring the platform's sustained users growth and the rising momentum of retail investing in the kingdom. This milestone comes against the backdrop of Saudi Arabia's ongoing capital market transformation and increasing international accessibility. As more investors seek efficient and digitally enabled entry points into the market, Sahm continues to scale alongside this structural shift. The ranking adds to ...
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Al Bawaba
October 26th, 2014 - 04:26 GMT

Mashreq launches Partners Forum

Conversions of conventional banks into Islamic ones are rare but not unprecedented.
October 23rd, 2014 - 04:41 GMT

A forced conversion? Top Saudi bank pledges to become fully Islamic after criticism from scholars

Jamal Bin Ghalaita, Chief Executive Officer of Emirates Islamic
October 23rd, 2014 - 10:51 GMT

Emirates Islamic Bank announces 83 per cent increase in nine months net profit

One-year dollar/Saudi riyal forwards jumped to 90.0 points, their highest level since a peak of 91.50 points hit in March 2011.
October 22nd, 2014 - 10:44 GMT

More peculiarity: Saudi riyal falls sharply against US dollar

Al Bawaba
October 22nd, 2014 - 08:56 GMT

Sharjah Islamic Bank announces a 33.5% rise in Net Profits to reach AED 295 million for the 3rd Quarter of 2014

Al Bawaba
October 21st, 2014 - 10:16 GMT

US-driven quest against money laundering: Standard Chartered to close thousands of UAE accounts

Al Bawaba
October 21st, 2014 - 08:06 GMT

NCB Capital: KSA telecom sector remains attractive due to high dividends

Al Bawaba
October 21st, 2014 - 05:02 GMT

IBQ sponsors The Ritz-Carlton Doha’s Pink Ribbon Zumbathon


Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550 billion.
October 21st, 2014 - 03:55 GMT

Enjoying the ride: ME regional banks on plane orders 'funding' boom

On 31 January 2011, Moody’s downgraded the government bond rating for Egypt from BA2 to BA1, and changed the outlook from stable to negative
October 21st, 2014 - 03:55 GMT

Not so moody anymore? Moody's upgrades Egypt's rating to 'stable'

Abdulla Al Otaiba, Senior Managing Director & Group Head -  Global Retail and Commercial Banking, of NBAD
October 20th, 2014 - 10:27 GMT

NBAD supports SME conference

Mr. César González-Bueno, Gulf Bank’s CEO
October 19th, 2014 - 11:21 GMT

Gulf Bank posts operating profit of KD 79.8 Million with net profit up by 10% to KD 26.5 million

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