Sunday 30 August 2015
 
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Saudi money market turmoil shows bank jitters

Turmoil in the Saudi Arabian money markets suggests that financing the government's budget deficit in an era of cheap oil may not be smooth as banks worry about the risk of a liquidity squeeze. The government sold SAR20 billio

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Gulf's days of easy money ending over oil price slump

The days of very easy money are drawing to a close in the rich Gulf Arab oil-exporting economies as money market rates start to rise, partly because of the damage which cheap oil is doing to government finances. Loose liquidity cr

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Money Watches sets pace in Midest luxury sector

Money Watches, a certified trader of authentic timepieces, is set to provide customers with a secure and cost-effective platform to buy and sell top quality, authenticated watches.   It offers a plethora of luxur

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Money Watches sets pace in Midest luxury sector

Money Watches, a certified trader of authentic timepieces, is set to provide customers with a secure and cost-effective platform to buy and sell top quality, authenticated watches.   It offers a plethora of luxur

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Western Union activates money transfer into Greece

The Western Union Company, a leading global payment services, has activated international remittances into Greece, allowing customers to receive cash payouts in minutes from almost anywhere around the world at select walk-in retail agent locatio

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EServGlobal launches mobile money app in emerging markets

EServGlobal, a company that specialises in mobile money solutions and value-added services to telco service providers , has launched a smartphone app for mobile money services in emerging markets. The white-label app will be part

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EServGlobal launches mobile money app in emerging markets

EServGlobal, a company that specialises in mobile money solutions and value-added services to telco service providers , has launched a smartphone app for mobile money services in emerging markets. The white-label app will be part

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UAE Exchange, Kalyan Jewellers unveil ‘Money Majlis’

UAE Exchange, a leading remittance, foreign exchange and payment solutions brand, has partnered with Kalyan Jewellers to launch its promotional campaign ‘Money Majlis.’ The firm aims to bring more value to its transact

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Xpress Money launches Ramadan promotion

Xpress Money, a leading money transfer brand, has launched ‘Everyday Winners,’ a promotion for its customers in the UAE during Ramadan. This 50-day promotion, from June 15 to August 3  will give Xpress Money custo

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Anti-money laundering regulation challenges in focus

The recent changes and future challenges of international anti-money laundering regulation was discussed at the seventh Compliance and Anti-Money Laundering Seminar in Riyadh, Saudi Arabia recently. It was organised by leading sou

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