Category: Banking

The Yemeni riyal has hit a new low, reaching 1,540 against the US dollar in areas controlled by the Yemeni government. This marks a worrying […]

Bank Alfalah Launches International Branch in Dubai Bank Alfalah has officially launched its international branch in Dubai, with the esteemed presence of His Excellency Sheikh […]

Dubai’s Financial Hub Bank Alfalah, a prominent commercial bank in Pakistan, has officially opened its international branch on Shaikh Zayed Road in Dubai. This move […]

HSBC’s Q3 Pre-Tax Profit Soars to $7.7B with Rising Interest Income HSBC, a big European bank, made a lot more money in the third quarter […]

UAE’s climate change goals, banks are ready to play their part As the world prepares for COP28, a crucial climate conference hosted by the UAE, […]

UAE banks had more money in their accounts at the end of 2023, with a total of AED3.9 trillion ($1.062 trillion). This was a 10.7% […]

Saudi National Bank (SNB) has reported a 6% increase in net profit for the third quarter compared to the same period the previous year. The […]

The banking sector in the Middle East and North Africa made a lot of money in the first half of 2023. A company called EY […]

The government recently issued Treasury Bills worth 35 million Omani Rials. These bills have a 91-day maturity period, which means they’ll be paid back in […]

Al Etihad Payments, a subsidiary of the UAE Central Bank, has introduced Aani, an instant payments platform designed to revolutionize digital payments in the UAE. […]