Lebanon Banking Industry Newswire

Apple Pay Goes Live in Egypt

Free Newsletter Get the hottest Fintech Middle East News once a month in your Inbox Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt. To pay in-store, customers simply …

Iran’s Central Bank to inject cash into market as rial hits record lows

Iran’s Central Bank plans to sell foreign currencies next week in an effort to stabilize the rial, which has been losing value against the US dollar and other major currencies. According to the Tasnim news website, affiliated with the Revolutionary Guard, …

Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US

By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) - Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market …

Allegation of $400m Ponzi fraud leads to arrest in Lebanon

BEIRUT // Investors in the Gulf may have lost hundreds of millions of dollars after the bankruptcy and arrest of a Lebanese businessman who was prominent in that country's Shia community. Salah Ezzedine, who ran a publishing house in Beirut…

HSBC names Lebanon-born Georges Elhedery as CEO

Consumer protection agency sues Zelle operator, 3 large banks, for neglecting security safeguards

NATIONWIDE — JUST HOW SAFE IS THAT ZELLE PAYMENT? The federal Consumer Financial Protection Bureau on Friday, Dec. 20 filed a lawsuit against the operator of the payment network Zelle and three of the largest U.S. banks for allegedly failing to protect …

Israeli army withdraws from Bani Hayyan, Lebanese Army deploys along Litani

by Naharnet Newsdesk 20 December 2024, 14:48 Israeli army forces withdrew Friday from the southern town of Bani Hayyan two days after invading it, media reports said. The Israeli army withdrew from the town towards Markaba, after its forces carried out …

Lebanon: soaring needs for trauma treatment and rehabilitation

The ceasefire and the cessation of hostilities took effect on 27 November, offering temporary relief for the millions of civilians caught in the conflict in Lebanon. But Lebanon’s suffering did not end amid staggering unmet health needs. Bordering Syria …

Geagea discusses banking, regional developments with expert Samir Assaf

Lebanese Forces Party leader Samir Geagea met with international banking expert Samir Assaf in Maarab. The meeting, attended by MP Ghassan Hasbani and Lebanese Forces Central Council member Habib Hasbani, reportedly focused on the latest local and regional …

Iranian government said scrambling for solutions as energy crisis plagues country

An energy crisis in Iran has left its leadership scrambling to find a solution after schools and government institutions across the country were forced to close their doors last week due to widespread power outages that Tehran, in its current state, is ill …

2024: Nigeria’s Year of Many Tales

With over one week to the end of 2024, attention is being shifted to issues and developments that shaped the outgoing year. The year was marked by significant political and economic turbulence, as well as some breakthroughs, underscoring the nation’s …

Hezbollah-Israel ceasefire monitors meet for second time in Lebanon

Live updates: Follow the latest on Israel-Gaza A committee tasked with overseeing the ceasefire between Israel and Hezbollah met for the second time on Wednesday. The meeting took place in the town of Naqoura, where the headquarters of the UN peacekeeping …

From portals to polls, tents to bike sheds, a year of highs and lows

When a public sculpture this year linked O’Connell Street in Dublin with Fifth Avenue in New York via a two-way live video screen, it was heralded as a platform for joyous transatlantic communion. “Two amazing global cities, connected in real-time and …

Dubai’s Knafeh Chocolate Bar: A Gourmet Fusion of Tradition and Innovation

Share Tweet Share Share Email Dubai’s culinary landscape continues to surprise and delight food enthusiasts with innovative dessert creations. The Dubai knafeh pistachio chocolate bar represents a perfect fusion of traditional Middle Eastern flavors and …

Access Bank Hosts President Steinmeier

  * Commits to Strengthening German-Nigerian Trade Relations   Access Bank Plc last week welcomed the President of the Federal Republic of Germany, Frank-Walter Steinmeier, during his first official visit to Nigeria, underscoring the growing importance of …

Conflict is remaking the Middle East’s economic order

THE LIQUIDITY crunch could not have come at a worse time. Usually, most of Hizbullah’s budget arrives on a plane in Damascus, the Syrian capital, with the country’s Iranian ambassador. The cash is then transported across the Lebanese border to the Shia …

BVNK raises $50m Series B to expand global Stablecoin payments

By Gloria Methri Today B2B Payments blockchain payments BVNK BVNK, a London-based stablecoin payments platform, has raised $50 million in Series B funding to accelerate the global adoption of its payment solutions. The round was led by Haun Ventures, with …

US imposes more sanctions on Yemen’s Houthis amid escalation with Israel

Washington, DC – The United States has imposed new sanctions targeting the Houthis as the Yemeni group continues to trade attacks with Israel amid the war on Gaza. The US Department of the Treasury announced penalties on Thursday on Hashem al-Madani, the …

Iranian Rial Hits Record Low as Economic Woes Mount

The Iranian rial fell to an all-time low on Wednesday, trading at 777,000 rials to the US dollar, a sharp decline from 703,000 in November after Donald Trump’s victory in the US presidential election. This holiday season, give to: Truth and understanding …

Kobble launches platform to address costly tech challenges in Australia's financial sector

Kobble's embedded finance platform enables Australian banks and fintech to launch new financial products fast, driving innovation without costly overhauls. MELBOURNE, VICTORIA, AUSTRALIA, December 23, 2024 /⁨EINPresswire.com⁩/ -- According to …

Pulse360 and Holistiplan Unveil Dynamic SmartFields, Revolutionizing Wealth Management Operations

Dynamic SmartFields helps advisors cut manual work, scale efficiently, and deliver a superior client experience RIVERSIDE, CA, UNITED STATES, December 22, 2024 /⁨EINPresswire.com⁩/ -- Pulse360, a leader in innovative wealth management solutions, …

Penny Forward Updates App to Boost Financial Education for Blind Americans

Penny Forward App Update Expands Financial Tools for 32M Blind & Low Vision Americans, Enhancing Accessibility & Empowerment with New Features. MINNEAPOLIS, MN, UNITED STATES, December 22, 2024 /⁨EINPresswire.com⁩/ -- Penny Forward INC, a …

Unite Mind Nature & the World - Europe-Asia Center Launches Shaolin mindfulness SDG Course on UN World Meditation Day

Global Mindfulness Revolution: World Meditation Day debuts May 12, 2025, with Shaolin-backed SDG course uniting culture, resilience, and sustainability. BRUSSELS, BELGIUM, December 22, 2024 /⁨EINPresswire.com⁩/ -- World Meditation Day is a …

Damian Griggs, Founder of Griggs Publishing, Launches New Website & Announces Book-to-Screen Adaptation

PORTLAND, OR, UNITED STATES, December 22, 2024 /⁨EINPresswire.com⁩/ -- Griggs Publishing LLC, a unique literary endeavor founded by Damian Griggs, has officially launched its new website, griggspublishingllc.com, marking another milestone in the …

Transformative Mortgage Strategies for New Homeowners in 2025: Insights from Sadrack Clervil

ORLANDO, FL, UNITED STATES, December 22, 2024 /⁨EINPresswire.com⁩/ -- Amid shifting economies and a tricky real estate market, Sadrack Clervil is leading a movement to simplify mortgage strategies for potential homeowners in Central Florida. A …

Kaleidico Releases Comprehensive Guide: '50+ Essential Senior Living Marketing Ideas for 2025'

Kaleidico has published an extensive resource titled "50+ Essential Senior Living Marketing Ideas for 2025: Elevate Your Community’s Visibility." ODENTON, MD, UNITED STATES, December 22, 2024 /⁨EINPresswire.com⁩/ -- Kaleidico, a leading …

NPM wins Advertising, PR, Outdoor Agency, and Marketing Campaign of the Year at the 18th Stars of the Industry Awards

DUBAI, UNITED ARAB EMIRATES, December 22, 2024 /⁨EINPresswire.com⁩/ -- ● New Perspective Marketing International Inc. (NPMI), the Asia-Pacific arm of New Perspective Media Group (NPM Group), has achieved a monumental milestone by winning four …

Kaleidico Unveils Comprehensive Guide to Personal Branding for Loan Officers

Kaleidico has published an in-depth article titled "Marketing for Loan Officers: Building Your Personal Brand With Mortgage Marketing." ODENTON, MD, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- Kaleidico, a leading digital …

StudioX: Rapid Enterprise Adoption Fuels New Venture Studiox-AI.com

Discover why StudioX, trusted by Fortune 500 and businesses of all sizes, is revolutionizing AI with scalable, secure solutions that deliver results. SAN JOSE, CA, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- Multiple Fortune 500 …

Iowa Gov. Kim Reynolds Announces Higley Partners to Receive $2 Million For Addiction Center

Historic Cedar Rapids property to transform into Radix Recovery, a 68-bed addiction center, with $2 million state grant and local partnerships. CEDAR RAPIDS, CO, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- Throughout the decades the …

MyPerfectMortgage Helps Self-Employed Homebuyers on Securing a Mortgage with Less Than One Year of Business History

MyPerfectMortgage is empowering self-employed individuals with the tools and knowledge they need to secure home financing. ODENTON, MD, UNITED STATES, December 21, 2024 /⁨EINPresswire.com⁩/ -- MyPerfectMortgage, a leading online mortgage platform, …

Vietnam Emerges as Competitive Manufacturing Hub, Challenging China's Dominance in Uniform Production

Vietnamese Manufacturers Emerge as Strategic Alternative in Uniform Supply Chains HO CHI MINH, VIETNAM, December 21, 2024 /⁨EINPresswire.com⁩/ -- As global businesses reassess their supply chain strategies, Vietnam is positioning itself as a …

$TOCKHOLDER ALERT: The M&A Class Action Firm Urges Shareholders of USAP, NBR, ALTR, SASR to Take Immediate Action

NEW YORK, Dec. 21, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are …

$TOCKHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger - AUB, CYTH, PDCO, SKGR

NEW YORK, Dec. 21, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are …

International Non-profits call for mandatory device-based age verification

The International Centre for Missing and Exploited Children is committed to advancing child protection and safeguarding vulnerable children around the world. ALEXANDRIA, VA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- While the …

Early Reporting of 2025 Prescription Drug Price Changes

Prescription Drug Price Increases Range from 1.89% to 10.17% FAYETTEVILLE, NY, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The beginning of the year is typically the busiest time for price increases in prescription drug products, and …

Stunning 21-Acre Mountain Estate Near Park City, Utah to Auction via Concierge Auctions

The Estate is Set to Auction in Cooperation with Ravath Pok and Joan Pok of Realty ONE Group Signature NEW YORK, NY, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- A pristine mountain estate situated on 21 acres in Wanship, Utah, is …

LIV Sotheby’s International Realty Announces Record-Breaking Sale in Crested Butte’s Skyland Neighborhood

CRESTED BUTTE, CO, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- LIV Sotheby’s International Realty (LIV SIR) proudly announces that the home at 662 Country Club Drive, represented by LIV SIR global real estate advisor Kate Somrak, has …

Premier Music Cruise FriendShip Now Offering Crypto Purchase Option with Solana via Helio

Sail From Miami To Belize February 21-26, 2025 With Music From Disclosure (DJ Set), DJ Pee .Wee (Anderson .Paak), Duck Sauce (A-Trak & Armand Van Helden) & More LOS ANGELES, CA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- …