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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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A global network of computers uses blockchain to jointly manage the database that documents digital currency transactions. (Shutterstock)
May 30th, 2018 - 08:48 GMT

How Digital Currencies Complement Fintech

Qatari lenders are particularly exposed to new accounting rules aimed at providing for the possibility of bad loans according to a new report. (Shutterstock)
May 30th, 2018 - 07:25 GMT

Qatari Banks Exposed to New Banking Bad Loan Rules

Israel’s seven largest banks provide services to settlements, which are regarded as illegal under international law because they are built on Palestinian land occupied in 1967. (Shutterstock)
May 29th, 2018 - 08:18 GMT

Israeli Banks Financing Illegal Settlements

The event is one of many initiatives taken by CrediMax to celebrate Ramadan and gives opportunity for both CrediMax Management and its Customers and Merchants.
May 29th, 2018 - 06:06 GMT

CrediMax Bahrain Hosts Its Annual VIP Ghabga Gathering

During the event
May 28th, 2018 - 07:43 GMT

Bahrain Islamic Bank Organizes Its Third Town Hall for Its Employees

Mr. Khalid Ramadan and Mr. Turki AlMuharib from Bank Al Jazira during the award ceremony in Berlin recently
May 28th, 2018 - 05:46 GMT

Bank Aljazira Received Contact Center Awards for 2018

Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
May 27th, 2018 - 08:17 GMT

Internet Business in Iran to Use Fintech Soon

The number of automatic teller machines (ATMs) operated by banks in the UAE hit 5,274. (Pixabay)
May 27th, 2018 - 07:43 GMT

UAE Banks Operate 5,274 ATMs

The country has retained its position as the world’s largest donor of official development assistance relative to national income for the fifth year in a row.
May 24th, 2018 - 10:54 GMT

Sheikh Mohammed bin Rashid Al Maktoum Honours Abu Dhabi Fund for Development for Positive Impact in Development Assistance

Chittagong Factory - Bangladesh
May 23rd, 2018 - 11:06 GMT

Abu Dhabi Fund for Development Finances 11 Projects Worth Dh1.4 Billion in 2017

Khalid Elgibali, Division President, MENA, Mastercard , Hameed Mohammed Abul, Acting Group Chief Private Banking Officer of Burgan Bank
May 23rd, 2018 - 09:02 GMT

Mastercard and Burgan Bank Bring Mastercard World Elite Card to Kuwait

During the workshops
May 22nd, 2018 - 09:15 GMT

National Bank of Bahrain Teams Complete Leadership Development Workshops Across All Levels

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