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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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During the event
May 22nd, 2018 - 08:11 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

The UAE banking sector remained well capitalised, with solid liquidity buffers, stable funding, and improved profitability.
May 22nd, 2018 - 06:36 GMT

Central Bank of UAE Publishes 2017 Financial Stability Report

Ms. Dalal Al-Dousari, Gulf Bank’s Head of Investor Relations
May 21st, 2018 - 10:42 GMT

Moody’s Revised Gulf Bank’s outlook to 'Positive' from 'Stable'

Deloitte Middle East continues to bring the latest insights on this trend through its new Islamic Finance insights series, “Scalable and sustainable source of funding social infrastructure”.
May 21st, 2018 - 09:32 GMT

Deloitte Launches New Islamic Finance Insights Series

The listing marks Noor Bank’s third Sukuk on the region’s international exchange, following two listings in 2015 and 2016.
May 21st, 2018 - 09:12 GMT

Noor Bank Rings Bell to Celebrate Nasdaq Dubai Listing of $500 Million Sukuk

Dalal Al Qais, General Manager of Retail Banking of BisB
May 21st, 2018 - 05:21 GMT

Bahrain Islamic Bank Launches Its 2018 Promotional Ramadan Campaign

Philippe Norre, Partner and Head of Tax at KPMG in Bahrain
May 20th, 2018 - 09:28 GMT

KPMG in Bahrain Launches Mobile Application to Help Businesses Understand and Prepare for Value-Added Tax

During the event
May 20th, 2018 - 09:06 GMT

Burgan Bank Supports ‘Autism Partnership Kuwait’

SABB, which is 40 percent owned by HSBC Holdings, and Alawwal said in April last year they had agreed to start talks on the merger. (Courtesy of SABB)
May 20th, 2018 - 08:15 GMT

Third Largest Bank in Saudi Arabia to Be Created With Alawwal and SABB Merger

Etihad Museum has launched in celebration of International Museums Day.
May 20th, 2018 - 05:50 GMT

Etihad Museum Launches ‘Teachers Pack’ in Celebration of International Museums Day

EY Jordan sponsored and participated in the 12th Edition of the Special Operations Forces Exhibition and Conference.
May 20th, 2018 - 05:40 GMT

EY Jordan Showcases Cybersecurity Expertise and Advancements at Special Operations Forces Exhibition 2018

John Iossifidis, CEO Noor Bank Ringing Market-opening Bell for listing
May 17th, 2018 - 05:51 GMT

Noor Bank Rings Bell to Celebrate Listing of a $500 Million Sukuk on Nasdaq Dubai

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