Banking & Finance

European banks enter 2024 bolstered by strong profit growth

Lenders expected to experience adverse effects of rising interest rates

Regional perspectives on green finance and COP28’s impact on the economy

Leveraging finance as a tool for addressing climate challenges

Revolutionizing the global economy: The unstoppable force of Fintech

Fintech's influence on banking ushers an era of accessibility and convenience

Saudi retail banks garner growing positive sentiment: New PwC Middle East, DataEQ report

Analysis of 5 mn X posts shows improved sentiment towards seven retail banks in Kingdom

What will the Federal Reserve decide at its January 31 meeting?

Economic data outlines the framework for the U.S. Central Bank’s action

FAB issues first sukuk globally in 2024 worth $800 million

Setting a strong tone for Islamic finance globally

Saudi Arabia takes the lead in MENA venture capital funding

Securing 52 percent of all regional startup funding during 2023

Oman’s Sohar International Bank expands into Saudi Arabia

Fostering economic growth and collaboration between the sultanate and Saudi Arabia

CBUAE issues rules to regulate short-term credit services

Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers

Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding

One of the largest tourism projects in the Eastern Province

Saudi Arabia concludes €1 billion financing deal with Italy’s SACE

Strengthening trade and investment relations between the two countries

UAE banking sector sets new record with AED4 trn in assets

Total bank credit reached AED1.982 trillion by the end of October

SAR262.7 billion credit facility extended to SMEs in Saudi Arabia

Banking sector contributed the largest volume of credit facilities, with an estimated value of SAR245.3 billion

Rola Abu Manneh, Standard Chartered UAE’s CEO on pioneering sustainable finance solutions for the UAE

Region’s first conventional sustainable account and the first sustainable Islamic account among innovative products

Dr. Saeeda Jaffar on Visa, revolutionizing payment processes in GCC

Contactless solutions and sustainable finance in the spotlight

CBUAE adopts AFAQ to enhance regional financial connectivity

UAE joins gulf payments company to revolutionize safe cross-border transactions

e& signs a green loan agreement worth AED366 million

As part of company's environmental and social responsibility

Saudi Arabia offers 30-year exemption from corporate income tax for regional HQs in Riyadh

200+ companies already attracted to relocate headquarters to the Kingdom

Saudi Arabia’s fintech sector getting investment boost

The fintech sector has created more than 5,000 new job opportunities