Loading stock data...

Category :Banking

UAE’s new commercial transaction law helps Islamic Banking sector

Global Business Magazine January 9, 2023

The UAE Banks Federation, said that the Commercial Transactions Law issued by the government, constituted a quantum leap for Islamic financial and Read More

Banking Featured News Regional

Jordan Kuwait Bank Selects Codebase Technologies’ Digibanc Platform for Digital Onboarding and Instant Credit Services

Global Business Magazine January 3, 2023

Jordan Kuwait Bank (JKB), one of Jordan's leading financial institutions, has partnered with Codebase Technologies, one of the fastest growing open API Read More

Banking Featured News Regional

Oman’s Islamic banking sector’s assets increase by 9.1% to reach $16.6 billion

Global Business Magazine December 13, 2022

The total assets of Oman’s Islamic banking sector, including Islamic banks and windows operating in the sultanate, increased by 9.1% year-on-year to Read More

Banking Featured News Regional

UAE’s banking sector cross $900 billion in 2022

Global Business Magazine November 17, 2022

UAE’s banking sector assets have grown 12-fold - from $75 billion in 2000 to over $900 billion in 2022 - a jump from 70% of the Read More

Banking Featured News Regional

GCC Banks hike interest rates in line with US FED

Global Business Magazine November 3, 2022

In line with the US FED’s decision to hike the interest rates, the Central Banks in the UAE, Saudi and Bahrain Read More

Banking Featured News Regional

Central Bank of UAE completes CBDC transactions with other regulators

Global Business Magazine October 31, 2022

The Central Bank of the United Arab Emirates (CBUAE) announced that it has completed bridge, the world's largest pilot of central bank Read More

Banking Featured News Regional

Abu Dhabi’s IHC Invests $200 Million in Colombian Digital Bank

Global Business Magazine October 11, 2022

The Abu Dhabi-based diversified conglomerate International Holding Company, on Monday announced a capital investment of $200 million in Lulo Colombia S.A., which Read More