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Banking and Finance

Banking and Finance latest

Markaz records Total Revenue for 9M 2025 of KD 22.67 million
November 6th, 2025 - 04:48 GMT

Markaz records Total Revenue for 9M 2025 of KD 22.67 million

Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK) reported its financial results for 9M 2025 with Total Revenue of KD 22.67 million, as compared to Total Revenue of KD 14.92 million in 9M 2024. The Net Profit attributable to shareholders of Markaz was KD 9.58 million for 9M 2025, compared to KD 3.35 million in the same period last year, and earnings per share was 20 Fils for 9M-2025. Mr. Ali H. Khalil, Markaz’s CEO, stated: “Recent legislative and regulatory developments in Kuwait represent a significant step ...
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Burgan Bank Learning & Development representatives Mrs. Ghada El-Kadi & Mr. Abdulrahman Al Doughaji
July 29th, 2018 - 05:15 GMT

Interns Gear up for Burgan Bank’s 2018 Summer Internship Program

Strong bottom and top line growth in an evolving operating and regulatory environment.
July 26th, 2018 - 11:36 GMT

Abu Dhabi Commercial Bank PJSC Reports First Half 2018 Net Profit of Dh2.332 Billion

Abdulhamid Saeed, Group Chief Executive Officer of FAB
July 25th, 2018 - 06:01 GMT

FAB Reports Record Half Year 2018 Group Net Profit up 10 Percent Crossing the Dh6.0 Billion Mark

During the event
July 25th, 2018 - 05:50 GMT

Bahrain Islamic Bank’s Chief Executive Officer Congratulates the Bahraini Winners

Mr. Dhafer Sahmi Al Ahbabi, Chairman of Al Ramz.
July 24th, 2018 - 05:49 GMT

Al Ramz Corporation Announces Its 2018 Second Quarter and Interim Financial Results

The new enhanced prizes of the 2018 AlWatani Savings scheme provides customers the chance to win an even bigger array of valuable prizes.
July 24th, 2018 - 05:32 GMT

NBB Announces 15 'Alwatani Saving Scheme' Monthly Cash Winners for June

Hamad Abdulmohsen Al-Marzouq, Chairman of Kuwait Finance House
July 24th, 2018 - 05:16 GMT

Al-Marzouq: KD95.2 Million Net Profit for KFH Shareholders in H1 2018 – an Increase of 16.6 Percent

Khurram Mian, MENA Assurance Leader, EY
July 23rd, 2018 - 10:05 GMT

EY Appoints Khurram Mian to Lead the MENA Assurance Practice

The central bank said that, 85 per cent of those debts are owed to local banks, while the remaining 15 per cent are owed to financial facilities companies. (Shutterstock)
July 23rd, 2018 - 09:18 GMT

Kuwait Banks Burdened with $1.8 Billion Bad Debts for Laid off Expats

HSBC and Credit Suisse were selected based on their expertise and credentials in the investment banking industry. (Shutterstock)
July 23rd, 2018 - 09:04 GMT

HSBC,Credit Suisse Evaluates KFH Potential Merger with AUB

Rohit Garg, Head of Business Banking, Mashreq Bank
July 23rd, 2018 - 09:00 GMT

Mashreq Launches Cashback Campaign for Business Banking

The findings also highlighted that a number of businesses have choosen to outsource their VAT projects which have resulted in an additional cost to the business.
July 23rd, 2018 - 08:30 GMT

'VAT Is Here to Stay, so Businesses Should Use It as an Opportunity' States ACCA and Thomson Reuters

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