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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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The new investment tools add greater in-depth to the country’s financial markets.(Image credit: Shutterstock)
January 6th, 2014 - 08:16 GMT

UAE issues new financial instruments to boost stock market

Al Bawaba
January 6th, 2014 - 07:40 GMT

Falcon Private Bank to introduce its Hong Kong private banking business to EFG Bank

Al Bawaba
January 6th, 2014 - 05:26 GMT

HSBC Bank Oman launches 2014 Mandoos savings scheme

The pace of the US Federal Reserve’s “tapering” in the coming year is likely to impact emerging market and frontier market sentiment, but investors in the Gulf are in a cautiously optimistic mode for now.
January 6th, 2014 - 03:55 GMT

Going bipolar? Abu Dhabi and Dubai markets going in opposite directions

Fitch also kept short-term foreign currency credit at B.
January 5th, 2014 - 03:55 GMT

Recovery ahead? Fitch ratings upgrades Egypt to 'negative to stable'

To prop up the lira, the central bank said on December 24 it will sell at least $6bn in auctions through the end of January and make it more costly for lenders to park foreign currencies in the bank’s coffers.
January 5th, 2014 - 03:55 GMT

The crisis persists: Turkey's stock markets are floundering and it's about more than corruption

UAE was upgraded to an emerging market in 2013 and expects to see $8 billion investment inflows in 2014 (File Archive)
January 2nd, 2014 - 12:35 GMT

How UAE "stock(ed)" up its economy for 2014

The Islamic finance industry growth will go double digit in 2014. (Image credit: Shutterstock)
January 2nd, 2014 - 07:50 GMT

Islamic finance industry to grow to $2 trillion

The former head of defunct New York law firm Dewey & LeBoeuf has become the top legal adviser to the government of Ras al Khaimah, according to an internal government memo.
January 1st, 2014 - 05:12 GMT

Fresh with mismangement charges, ex-head of bankrupt US law firm becomes a UAE top legal advisor

Egypt's annual inflation rate increased to 12.9 percent in November (File Archive)
January 1st, 2014 - 05:00 GMT

What Egypt's 9 percent pound value plummet in 2013 means for 2014

Al Bawaba
December 30th, 2013 - 08:34 GMT

Gulf Bank closes during New Year Holiday

According to Fahmy, the government had to turn to cash in the banks as the country was in a critical situation and the banking sector could help.
December 29th, 2013 - 07:54 GMT

Banking on Egypt's future: why banks loans to the government are a secure investment

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