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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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Dr. Hussein Abusaaq, Chief Economist and Head of the Research and Economic Studies Unit
April 4th, 2018 - 06:40 GMT

KPMG Al Fozan & Partners Establishes New Economics Research Unit

A proposed Islamic investment megabank is likely to be launched in 2018, according to Islamic Development Bank spokesman Abdul-Hakim Elwaer. (Courtesy of Anadolu Agency)
April 3rd, 2018 - 11:07 GMT

Turkey, Muslim Countries to Launch Islamic Megabank in 2018

FAB celebrates successful first year.
April 2nd, 2018 - 10:16 GMT

First Abu Dhabi Bank Celebrates Successful First Year

The Percutaneous Nephroscope is the first of its kind to be made available in the kingdom of Bahrain which will enhance kidney stone removal without resorting to surgical procedures.
April 2nd, 2018 - 04:50 GMT

CrediMax Bahrain Donates to King Hamad University Hospital

As part of the second phase, the Boursa Kuwait Rulebook, which can be found on the website, will also be modified.
April 2nd, 2018 - 04:39 GMT

Boursa Kuwait Announces Second Phase of Market Development

Jasim Al Ali, CEO of FAB Properties
April 1st, 2018 - 06:58 GMT

First Gulf Properties Officially Launches as FAB Properties

This decision was issued following a series of market enhancements introduced by Tadawul and the Capital Market Authority (CMA) over the past two years.
March 29th, 2018 - 09:55 GMT

Saudi Stock Exchange Joins FTSE Global Equity Index Series

The bank closed the financial year 2017 confirming a strong financial and operational position locally and regionally.
March 28th, 2018 - 11:27 GMT

Burgan Bank Holds Annual General Assembly Meeting and 2018 Shafafiyah Forum

The Meeting Continued by Discussing the Agenda of the Ordinary General Assembly.
March 28th, 2018 - 10:19 GMT

Bahrain Islamic Bank Convenes Its Ordinary and Extraordinary Meeting for the Year 2017

Yousif Ali Mirza, Chief Executive of CrediMax
March 28th, 2018 - 05:56 GMT

CrediMax Bahrain and BBK Announce Joint Digital Wallet Initiative

During the event
March 27th, 2018 - 11:51 GMT

Bahrain Islamic Bank Officially Launches 'BisB Corporate Digital' at the E-Pay Summit

The meeting further saw the approval of the Board of Director’s Report, the new policies of GFH and the election of a new Member of the Board of Director.
March 27th, 2018 - 10:33 GMT

GFH Financial Group Approves Distribution of $85 Million of Dividends

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