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Banking and Finance

Banking and Finance latest

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery
May 4th, 2026 - 10:02 GMT

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery

Kuwaiti equities recovered sharply in April, signaling confidence in the domestic markets after the easing of geopolitical tensions and the reopening of trade through the St. of Hormuz. The Kuwait All Share Index gained 5.3% in April 2026, with the banking sector index rising 3.1%. The performance of Banking stocks was mixed, with National Bank of Kuwait declining 1.5% m/m, while Gulf Bank and Kuwait Finance House gained 8.2% and 5.0% m/m, respectively, underpinned by robust Q1 2026 earnings. Among premier market stocks, Aayan Leasing and Investment Company and Mabanee ...
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ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closedAbu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the Pullman London St Pancras. This 50/50 club deal marks the second deal between the two financial institutions, strengthening their presence in the UK real estate market.  The Pullman London St Pancras is a highly r
May 4th, 2026 - 08:34 GMT

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closed

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE
May 4th, 2026 - 07:37 GMT

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE

Jordan Ahli Bank Presents ‘The Coinage of Madaba in the Jordan Ahli Bank Numismatics Museum’ to Greater Madaba Municipality
May 3rd, 2026 - 11:35 GMT

Jordan Ahli Bank Presents ‘The Coinage of Madaba in the Jordan Ahli Bank Numismatics Museum’ to Greater Madaba Municipality

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations
May 3rd, 2026 - 05:42 GMT

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations

VaultsPay and Mastercard Announce Strategic Collaboration to Expand Digital Payments in the UAE
May 3rd, 2026 - 05:38 GMT

VaultsPay and Mastercard Announce Strategic Collaboration to Expand Digital Payments in the UAE

Amid exceptional geopolitical challenges, Boursa Kuwait records a net profit of KD 5.99 million in the first quarter of 2026
May 3rd, 2026 - 05:31 GMT

Amid exceptional geopolitical challenges, Boursa Kuwait records a net profit of KD 5.99 million in the first quarter of 2026

Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026
May 3rd, 2026 - 05:22 GMT

Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026

ADX hosts region’s first IOP for a U.S.-based ETF, cross-listing the first Shari’ah-compliant and fourth ETF overall from the U.S.
May 1st, 2026 - 03:53 GMT

ADX hosts region’s first IOP for a U.S.-based ETF, cross-listing the first Shari’ah-compliant and fourth ETF overall from the U.S.

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion
May 1st, 2026 - 03:47 GMT

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion

Citi Announces Senior Leadership Appointments to Strengthen International Franchise
May 1st, 2026 - 03:44 GMT

Citi Announces Senior Leadership Appointments to Strengthen International Franchise

CBI grows pre-tax profit by 14% to AED 52.1 million  in Q1 2026
May 1st, 2026 - 03:34 GMT

CBI grows pre-tax profit by 14% to AED 52.1 million in Q1 2026

Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

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