Banks - Global Business Magazine

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Technology Business Featured News Regional

Newgen Software Launches Office in Saudi Arabia

Global Business Magazine August 29, 2023

Newgen Software, a global provider of low-code digital transformation platforms based in Hyderabad, India, has announced that it has established a new Read More

Finance Banking Featured News Regional

Shares of 10 Listed Banks on ADX and DFM Make Impressive Gains

Global Business Magazine August 1, 2023

The shares of 10 listed banks in the UAE’s financial markets – Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) - Read More

Banking Featured News Regional

Mid-year outlook for Middle East banks improving, says Fitch Ratings

Global Business Magazine July 4, 2022

Business conditions for banks worldwide are likely to deteriorate this year compared to 2021 as rising prices slow down economic growth, according to Read More

Banking News World

Julius Baer CEO says Switzerland needs two big banks to fuel competition – report

Global Business Magazine June 28, 2022

Switzerland needs two big banks to fuel competition, the chief executive officer of Julius Baer (BAER.S) said in a newspaper interview Read More

Finance News World

Factbox: Major finance milestones as Hong Kong marks 25 years since handover

Global Business Magazine June 28, 2022

Hong Kong returned to China in 1997 after 156 years of British colonial rule. Here are some major milestones for the city's financial markets:Read More

Finance Featured News Regional

UAE listed firms approve dividends worth $9.37 billion in 2021

Global Business Magazine June 27, 2022

The listed companies in the UAE bourses have approved payment of dividends to the tune of $9.37 billion, the Securities and Commodities Authority (Read More

Banking Featured News Regional

GCC banks have handled cyber threat “effectively”

Global Business Magazine May 24, 2022

Banks in the Gulf Cooperation Council (GCC) are managing their exposure to potential cyber-attacks "effectively" by investing in digital security, according to Read More

News Banking World

EXCLUSIVE ECB ready to set up money exchange for Ukrainian refugees with EU guarantee

Global Business Magazine March 29, 2022

The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency into euros Read More

Business News World

Apple stops product sales in Russia, adding to pressure from shippers, car makers

Global Business Magazine March 2, 2022

American big brands including Apple, Google, Ford and Harley-Davidson on Tuesday stopped sales and distanced themselves from Russia because of the invasion Read More

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