Saudi Central Bank Governor National Model Shielded Economy from Shocks
Saudi Arabia’s economy has emerged as a model of resilience and crisis readiness, Central Bank Governor Ayman Alsayari said, citing steady progress under the Kingdom’s…
Tag: FINANCE
UAE Central Bank to develop e-KYC platform
The platform enables secure data sharing strictly based on explicit customer consent. The new process introduces a unified national approach that supports both financial institutions…
US, UK regulators meet banks on Anthropic AI cyber risks to financial systems
US and UK regulators are holding discussions with major banks about cyber security risks linked to Anthropic PBC’s latest AI model, amid wider concern about…
Jordan Kuwait Bank unify digital channels with ‘next-gen’ platform
Jordan Kuwait Bank has announced plans to unify its digital channels within an “advanced next-generation platform” as part of the bank’s wider digital transformation. The…
Gold and silver prices plunge after Friday’s losses
Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals to record highs. In Asia…
Why an India court ruling on a 2018 deal is rattling foreign investors
Foreign investors and private equity firms operating in India are making anxious calls to advisers and lawyers after a Supreme Court ruling earlier this month…
Gold and silver prices hit high after tariff threat
Gold and silver prices have hit record highs following the threat by US President Donald Trump to impose fresh tariffs on eight European countries opposed…
China’s Consumer Inflation Scales 3-Year High
China’s annual consumer price inflation accelerated to a 34-month high in December, but the full-year rate slumped to the lowest in 16 years while producer…
Circular economy of hype: Inside AI’s self-financing machine
OpenAI estimates spending $9b to keep models running before salaries, rent, or research When Oracle Corp. announced a multi-hundred-billion-dollar computing deal with OpenAI last September,…
UAE businesses stand a chance to win big with NBF
At National Bank of Fujairah (NBF), growth is more than just a number on a balance sheet. For more than 40 years, NBF has been…