Banking & Finance

Mastercard, SAB announce Her Voice $30,000 grant winner

To further extend additional value to women entrepreneurs across the Kingdom

Saudi plans new sukuk worth $9.6 bn

Following early purchase of $9.52 bn debt

Unveiling FERG’s vision: Strengthening UAE’s cross-border payments sector

Company contributes to UAE's prominance as global financial center

WeWork in cost cutting mode to avoid bankruptcy

Company’s share price closed at $0.18, down 98 percent in under 2 years

U.S. banks: The issue is far from resolved

Losses stemming from the most significant non-performing loans in three years

Moody’s, Italy shake up banks… and fear of new disruptions

The agency lowered the rating of 11 American banks and placed major banks under review

MENA fintech revenues could amount to $4.5 billion by 2025

Investments in fintech startups in 2023 show better results than in 2022

Fueling economic growth: UAE Ministry of Finance’s four-year strategy unveiled

Strategic plan 2023-2026 focuses on financial empowerment, sustainability

Smarter banking is on the way with GenAI

Cost savings for banks from AI applications could be $447 bn by 2023

Gamer Pakistan IPO coincides with Esports rage and UAE interest

Market boost can bring more attention to burgeoning industry,

UAE biggest source of FDI investments in Africa

In 2021 alone, the UAE invested $5.6 billion in 71 projects on the continent

Saudi sovereign wealth fund’s assets exceed $594 bn in 2022

PIF announced the establishment of a sports investment company to support growth of the sector

DIFC’s remarkable growth in H1 2023 reinforces Dubai’s status as a leading financial hub

Sheikh Maktoum: DIFC to play vital role in Dubai's sustainable development

New UAE corporate tax exemptions, amendments and penalties

Aimed at maintaining the UAE’s position as a major investment hub

Curtain falls today on Lebanon Central Bank governor’s rule lasting 3 decades

First deputy preparing to resign, second and third continue duties

Lebanon’s central bank in limbo as cabinet fails to appoint new governor

Salameh's 30-year tenure ends amid corruption charges, economic turmoil

Saudi wealth fund seeks $5 billion investment in Oman

PIF set up five regional investment firms, targeting investments of up to $24 bn

Stiffer U.S. Bank capital requirements could stymie economic growth  

30 banks with as few as $100 billion in assets are impacted