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Banking and Finance

Banking and Finance latest

KIB signs strategic partnership with Al Muzaini Exchange to launch multi-currency prepaid cards and a specialized digital app
December 18th, 2025 - 03:46 GMT

KIB signs strategic partnership with Al Muzaini Exchange to launch multi-currency prepaid cards and a specialized digital app

Kuwait International Bank (KIB) and Al Muzaini Exchange announced the signing of a strategic partnership agreement to launch a new program for Al Muzaini’s multi-currency prepaid cards, along with the development of a specialized branded digital application, all under the ‘BIN’ program sponsored by KIB. The announcement was made during a recently held press conference as part of KIB’s ongoing efforts to drive digital innovation and expand the Banking as a Service (BaaS) model in Kuwait, keeping pace with rapid developments in the fintech sector and meeting the growing demand ...
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About 38 per cent of those who avoid full disclosure said their basic income is higher than their partner thinks it is, while a third (31 per cent) have received at least one bonus that their partner has no knowledge of.
December 29th, 2013 - 03:55 GMT

Keeping it modern: Dubai's couples hide salary, savings, and even their ferraris, from each other


But Gulf stocks are no longer as cheap as they were relative to the rest of the world, and some economic shifts may not be ideal for markets.
December 26th, 2013 - 03:10 GMT

Bullish growth projected for GCC stocks in 2014

Governments are now issuing sukuks to finance their debts (File Archive)
December 26th, 2013 - 12:44 GMT

Why are sukuk sales set to soar in 2014?

Al Bawaba
December 26th, 2013 - 08:07 GMT

NBAD celebrates 25 years of banking experience

alizz islamic bank
December 26th, 2013 - 06:21 GMT

alizz islamic bank's headquarters adds an iconic masterpiece to CBD skyline

The central bank on Tuesday made its most clear commitment yet to ramping up its support of the lira, promising to sell at least $6 billion in foreign currency by the end of January.
December 26th, 2013 - 03:55 GMT

Turkish markets hit hard by corruption scandal, and it's about to get worse

Islamic banking is an industry based on trust. The fact that some suppliers are not completely trustworthy will impact the reputation and the trust of the industry.
December 26th, 2013 - 03:55 GMT

Is a scandal awaiting the Islamic finance industry in 2014?

Infrastructure spending in the gulf has risen sharply in recent years. (Image credit: Shutterstock)
December 25th, 2013 - 10:02 GMT

Abu Dhabi sovereign to return even as Gulf bonds are set to surge

Saudi's stock market reached a new five-year high of 8,562 points this week (File Archive)
December 25th, 2013 - 05:00 GMT

Why Saudi stocks are at five-year high

“We are in a rally, but at the end of the day it depends on whether it has legs and this depends on earnings.”
December 24th, 2013 - 06:28 GMT

Dubai is severely affecting Middle Eastern stock markets

Faisal Aqil, Deputy Chief Executive Officer, Consumer Wealth Management, Emirates Islamic
December 24th, 2013 - 06:46 GMT

Emirates Islamic launches remittance offer for end of year holiday season

Saudi Arabia's planned spending in 2014 represents a 4.3 percent increase from 2013 (File Archive/Shutterstock)
December 23rd, 2013 - 01:24 GMT

Saudi sets record budget for 2014

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