Banking & Finance

Banks, financial services, lending, and fintech developments

Showing 697–708 of 836 articles
Regulatory & Legal
Sidi Bel Abbès: Busting an International Criminal Network Specializing in Money Laundering

Sidi Bel Abbès: Busting an International Criminal Network Specializing in Money Laundering

National security elements in Sidi Bel Abbès managed to dismantle an international criminal network specializing in money laundering from the proceeds of illegal drug trafficking, seizing criminal proceeds exceeding 6 billion centimes, according to a statement from the same services today, Monday. The same source clarified that 'as part of the fight against organized crime, particularly regarding drying up the sources of funding for criminal networks, the Economic and Financial Crimes Unit of the Sidi Bel Abbès Security Directorate managed to dismantle a transnational organized criminal group, whose members were involved in money laundering resulting from the proceeds of illegal drug trafficking, recovering properties and proceeds resulting from this criminal activity.'

Jan 12, 2026echoroukonline.com
Economic Policy
European Experts Warn of Losing Control Over the Euro

European Experts Warn of Losing Control Over the Euro

More than 65 economists, led by German academic Jan Peter Krahnin, have called on members of the European Parliament to support and implement the digital euro project, warning that the eurozone could lose control over its currency and become more dependent on American companies if the project fails. These economists emphasize in an open letter to European Parliament members ahead of a scheduled hearing next week on the subject that 'a strong public digital euro is not just a secondary matter, but a fundamental guarantee of European sovereignty, stability, and resilience.' Read the full content on Echourouk Online.

Jan 12, 2026echoroukonline.com
Banking & Finance
Gold Opens Weekly Trading at Unprecedented Prices

Gold Opens Weekly Trading at Unprecedented Prices

The global gold market opened its trading today, Monday, at a new record high, the first of its kind in the history of the yellow metal. According to data from the World Gold Council, the price of an ounce during today's trading reached $4596, an increase of $87 from last Friday's close. View the full content on الشروق أونلاين

Jan 12, 2026echoroukonline.com
Banking & Finance
20 thousand billion centimes.. Halal financing for the national economy in 2025

20 thousand billion centimes.. Halal financing for the national economy in 2025

The volume of Islamic financing injected by the Algerian Bank 'Al Baraka' into the national economy during 2025 exceeded 200 billion dinars, which is more than 20 thousand billion centimes, confirming the growing role of Islamic banking in supporting investment and stimulating the economic cycle, alongside a remarkable leap in the bank's net results exceeding 50 percent compared to 2024. This financial data was revealed by the General Manager of 'Al Baraka Algeria' Bank, Othmani Marabout, during the inauguration of a new branch of 'Al Baraka' Bank in the business district of Bab El Oued in the capital. The head of this bank specialized in Islamic financing emphasized, in response to a question from 'Echorouk', that these results reflect...

Jan 11, 2026echoroukonline.com
Banking & Finance
Gold.. Expectations of a New Price Increase and Fears of a Dramatic Drop in 2026

Gold.. Expectations of a New Price Increase and Fears of a Dramatic Drop in 2026

The price of gold has made a strong comeback after a free fall that lost it more than $200 during trading on December 29, according to the World Gold Council. In an analytical reading prepared by Bloomberg News regarding the expectations of gold trading company managers for prices during 2026, and comparing it to the previous year which saw a dramatic rise in the yellow metal by 65%, the report indicated that the large influx of individual and institutional investors, along with central banks, as well as the decline in interest rates and geopolitical tensions, were among the main reasons for the rise. Watch the full content on Echourouk Online.

Jan 11, 2026echoroukonline.com