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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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KSA's foreign assets reached a record high of SR2.66 trillion ($708.8 billion) (Shutterstock)
December 1st, 2013 - 08:13 GMT

KSA's foreign assets reach record high in 2013

Global assets of Islamic Finance have doubled since the start of the economic downturn. (Image credit: Shutterstock)
December 1st, 2013 - 07:04 GMT

$1.4 billion Islamic finance industry to see double digit growth

Bank staff and clients at inaugural NBF golf tournament
December 1st, 2013 - 04:37 GMT

National Bank of Fujairah organises inaugural client golf tournament

Al Bawaba
December 1st, 2013 - 04:22 GMT

Emirates NBD announces support for tenth Dubai International Film Festival

Faisal Aqil, Deputy CEO, Consumer Wealth Managmen
November 28th, 2013 - 12:35 GMT

Emirates Islamic marks National Day with launch of prepaid card branded with stylized UAE Flag

Department of Finance – Abu Dhabi celebrates 42nd UAE National Day.
November 28th, 2013 - 12:15 GMT

Department of Finance – Abu Dhabi celebrates 42nd UAE National Day

Al Bawaba
November 28th, 2013 - 11:04 GMT

NBAD Celebrates UAE 42National Day

Al Bawaba
November 28th, 2013 - 10:44 GMT

Ministry of Finance celebrates 42nd UAE National Day

Banking executives at the first Global Islamic Economy Summit in Dubai said that Islamic banks need to reorient how they conduct business to "enter into the next cycle of growth" (Shutterstock)
November 27th, 2013 - 09:59 GMT

Do Islamic banks need to "reorient themselves" in order to grow in the future?

Ooredoo will use the proceeds from the sukuk's sale for the firm's refinancing (Courtesy of Arabian Business)
November 27th, 2013 - 09:46 GMT

Qatar's Ooredoo launches first sukuk

Less than a year after Ithmar Capital took Al Noor Hospitals Group through the initial public offering (IPO) on the London Stock Exchange, the stock price has gone up around 45 per cent.
November 26th, 2013 - 11:28 GMT

Time for the Gulf to take a 'healthier' approach to investments

Al Ansari Exchange
November 26th, 2013 - 10:37 GMT

Al Ansari Exchange signs AED 10 million agreement with Dubai Cares

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