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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
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

“Banks who develop an effective social media strategy will be the banks of the future,” Sen said. “Banks who develop an effective social media strategy will be the banks of the future,” Sen said
April 7th, 2014 - 04:46 GMT

Social Media keeping Middle Banks 'scared'

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