Featured EU sanctions against Russia renewed for 6-m period Aya El Sayed Jul 22, 2024 0 The Council of the EU renewed its restrictive measures against Russia for an additional six months, now valid until…
Featured Mastercard, US banks test tokenised settlement Aya Anwar May 8, 2024 0 Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Featured SWIFT to unveil CBDC platform within 2 years Aya El Sayed Mar 26, 2024 0 SWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate the emerging…
MENA News Saudi prince unveils sweeping plans to end ‘addiction’ to oil Noha Gad Apr 26, 2016 0 The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the…
forex news China jumps to fourth most-used world payment currency, overtakes yen – SWIFT Noha Gad Oct 6, 2015 0 China's yuan became the fourth most-used world payment currency in August, overtaking the Japanese Yen, global…
Banks European Central Bank Awards EastNets Technical Audit Consultancy Services Yomna Yasser Apr 14, 2014 0 EastNets, a leading global provider of compliance and payments solutions for the Financial Services industry, has…
Entertainment Swift, Bieber Win Three Apiece At MTV Europe Awards Amwal Al Ghad English Nov 12, 2012 0 Taylor Swift and Justin Bieber shared the spoils in Frankfurt on Sunday at the MTV Europe Music Awards, each…
Banks SWIFT expels Iranian banks Administrator Mar 17, 2012 0 The world's biggest electronic payment system SWIFT, which facilitates the bulk of global cross-border payments,…
Banks Swift Ready to Expel Iran’s Central Bank Administrator Feb 25, 2012 0 The financial messaging service for most international money transfers has told U.S. officials it is prepared to…
Banks SWIFT ready to block Iranian Banks Administrator Feb 18, 2012 0 Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international…