banking

Hamra bank standoff exposes desperation of economic crisis
August 15, 2022
A judge ordered a gunman who took up to 10 hostages at a Beirut bank to force the release of his trapped savings to stay behind bars Friday, apparently......
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Bank employees say won't declare strike but will seek security protection
August 12, 2022
The head of the Federation of Syndicates of Banks Employees in Lebanon, George al-Hajj, announced Thursday that the employees will not declare a......
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Finance committee approves law amendments of $150M World Bank loan
August 11, 2022
The Finance and Budget Parliamentary Committee on Wednesday approved amendments to the law related to the $150 World Bank loan aimed at buying wheat,......
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SINOVAC COVID-19 Vaccine Approved for Use in Children Above 6 months of Age in Hong Kong
August 3, 2022
Sinovac Biotech Ltd. (“SINOVAC” or the “Company”) (NASDAQ: SVA), a leading provider of biopharmaceutical products in China,......
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Arab Bank Group profits grow by 38% to $252 million for the first half of 2022
August 3, 2022
Arab Bank Group has reported a net income of $252 million for the first half of 2022, recording an increase of 38% from last year. Chairman of the......
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Banks far from hitting Paris climate targets, groups warn
July 29, 2022
The world's most influential banks need to substantially accelerate climate efforts if global temperature rise is to be kept within the targets......
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Gulf central banks lift interest rates as Fed makes second 75-bps hike
July 28, 2022
DUBAI: Most Gulf central banks lifted their main interest rates by three quarters of a percentage point on Wednesday, moving with the US Federal......
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Ifza partners with CBD for exclusive banking solutions
July 26, 2022
Ifza Dubai, a top free zone in the UAE, has partnered with the Commercial Bank of Dubai (CBD) to provide Ifza Free Zone companies with quick and......
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National Bank of Bahrain joins world’s largest corporate sustainability initiative
July 25, 2022
The National Bank of Bahrain (NBB) said it has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative.......
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إنتيلي تُطلق منصة مبتكرة للاستثمار العقاري في 20 يوليو 2022
July 19, 2022
تعتزم شركة التكنولوجيا المالية 'إنتيلي' العاملة بتقنية التعاملات الرقمية 'بلوك......
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