Bank Archives - 9xm News

UAE: Sharjah Islamic Bank launches Ruwaad 2025 to train Emiratis for leadership roles in banking | World News

Sharjah Islamic Bank launched Ruwaad 2025 to train Emiratis through leadership courses, job rotations, mentorship, and technical skill-building/Image: WAM Sharjah Islamic Bank (SIB) has officially kicked off the new cycle of its flagship talent development initiative, Ruwaad 2025. The programme is tailored to nurture and prepare high-potential Emiratis for leadership roles in the banking and […]

An Israeli minister announces plan that will effectively split West Bank into two

TEL AVIV: Israeli far-right finance minister Bezalel Smotrich announced work would start on a long-delayed settlement that would divide the West Bank and cut it off from East Jerusalem, a move his office said would “bury” the idea of a Palestinian state.The Palestinian govt, allies and campaign groups condemned the scheme. The construction on a […]

RAKBANK becomes first UAE conventional bank to offer crypto trading to retail customers | World News

RAKBANK’s mobile app now lets customers trade major cryptocurrencies using UAE dirhams/Image: Instagram TL;DR: RAKBANK is the first traditional UAE bank to enable retail crypto trading via its mobile app. The service is delivered in collaboration with Bitpanda Broker MENA DMCC, a licensed VARA-regulated platform. Customers can buy, sell and swap Bitcoin, Ethereum, Solana, and […]

Fire on Virgin Australia flight: Blaze erupts mid-air on Sydney–Hobart route likely caused by power bank; airlines to review battery policies

A suspected fire triggered by a power bank in carry-on luggage forced emergency response aboard a Virgin Australia flight from Sydney to Hobart on Monday, prompting the airline to review its lithium battery policies.The incident occurred during descent on Flight VA1528, when smoke and flames were seen emanating from an overhead locker. Battery fire on […]

Banish evil spirits: Indian-origin astrologer arrested in NYC for scamming senior citizen, bank raised alarm

Indian-origin astrologer arrested in NYC for scamming a senior citizen promising to banish evil spirits. Hemanth Kumar Muneppa, a 33-year-old Indian-origin astrologer, was arrested when a bank raised an alarm that a senior citizen was probably getting scammed, as the 68-year-old woman went to the bank to withdraw $42,000. This was to meet the astrologer’s […]

World Bank forecasts 3.2% GCC growth in 2025, says smart spending is key to sustained growth | World News

GCC governments poised for growth rebound as the World Bank projects 3.2% regional GDP growth in 2025/Representative Image TL;DR: GCC real GDP growth projected at 3.2% in 2025, rising to 4.5% in 2026, up from 1.7% in 2024. Growth fueled by easing OPEC+ supply cuts and robust expansion in non-oil sectors particularly private consumption, investment, […]

Now, central bank chief targeted for ‘ostentatious’ Fed renovation costs

File photo: Federal Reserve Chair Jerome Powell (Picture credit: AP) WASHINGTON: US President Trump has the authority to fire Federal Reserve chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said Sunday, adding the Fed “has a lot to answer for” on renovation cost overruns at its Washington headquarters. […]

‘Unimaginable nightmare’: 20-year-old American killed in West Bank; family calls for investigation

Sayfollah “Saif” Musallet (Image: X/Nina Turner) A 20-year-old American from Florida was allegedly beaten to death by Israeli settlers while visiting family in the West Bank, according to Palestinian health officials and his relatives.Sayfollah “Saif” Musallet was killed in the town of Sinjil, north of Ramallah, the Palestinian Health Ministry said. A second man was […]

‘Nightmare to work with Indians’: Citi in London fires woman for racial comment, she now sues bank

Citi Bank London fired a senior employee after she said it was a nightmare to work with Indians. Ann Watson, a former Citigroup employee, who was fired in 2023 for her comment that it was a nightmare to work with Indians, has now sued the bank alleging that she was unfairly discriminated. Watson was giving […]

Israeli settlers rampage at military base in West Bank

TEL AVIV: Dozens of Israeli settlers rampaged around a military base in the Israeli-occupied West Bank, setting fires, vandalising military vehicles, spraying graffiti and attacking soldiers, the military said.Sunday night’s unrest came after several attacks in the West Bank carried out by Jewish settlers and anger at their arrests by security forces attempting to contain […]