Banking - Global Business Magazine

China’s Central Bank Injects Over $281 Billion to Its Banking

Global Business Magazine June 7, 2024

China’s central Bank - People’s Bank of China – announced that it has conducted $281.27 million of seven-day reverse repos at an Read More

Banking Featured News Regional

UAE Listed Banks Record Highest Deposit Growth in Q1-2024

Global Business Magazine May 24, 2024

The UAE-listed banks recorded the highest deposit growth in the first quarter of 2024 among the GCC banks, which grew by 5.6% y-o-y to $803.2 Read More

Banking Featured News World

Another US Bank Shut Down by Regulators in Pennsylvania

Global Business Magazine May 6, 2024

The fears of a contagion spreading to US banking sector resurfaced as the Pennsylvania’s bank regulator and Federal Deposit Insurance Corporation (Read More

Economy Featured News Regional

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Banking Featured News Regional

Saudi’s Top 10 Banks Performed Robust and Positively in 2023

Global Business Magazine March 19, 2024

The performance of top 10 listed banks in Saudi Arabia remained largely robust and positive as the operating income grew by 9.5% reflecting the Read More

Banking Featured News Regional

Assets of UAE Banks Reach $1.1 Trillion by End-2023

Global Business Magazine March 18, 2024

The total assets of the banks operating in the UAE increased by 3.1% q-o-q, reaching $1.1 trillion at the end of the fourth quarter Read More

Finance Banking Featured News Regional Technology

Capital Investments Launches Jordan’s First Fully-digital Onboarding for Investments with

Global Business Magazine November 21, 2023

Amman, Jordan (November, 2023) - Capital Investments, the dedicated investment arm of Capital Bank of Jordan, has launched its digital onboarding services. These Read More

Banking Featured Health News Regional

Egypt Secures $500 Million Loan from Three Banks to Support

Global Business Magazine November 15, 2023

Egypt’s Finance Ministry has secured a $500 million syndicated loan from Deutsche Bank, Bahrain’s Arab Banking Corporation (Bank ABC) and Kuwait’Read More

Banking Featured Mergers and Acquisitions News Regional

Al Salam Bank Plans to Acquire Kuwait Finance House-Bahrain

Global Business Magazine November 14, 2023

Bahrain-based Al Salam Bank evincing interest in acquiring the entire shares of Kuwait Finance House, the second largest Islamic bank in the Read More