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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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The conference forms part of the efforts of the Capital Market Authority to highlight important issues related to the state of the local capital market and to discuss the latest developments related to the role of regulators.
March 22nd, 2018 - 12:35 GMT

Boursa Kuwait Participates in the 3rd Annual CMA Conference

The value of direct foreign investments in the third quarter of 2017 went up to JD1.02 billion, up by 19.1 percent. (Shutterstock)
March 22nd, 2018 - 08:48 GMT

Central Bank of Jordan Expects Foreign Investment to Grow by 12 Percent This Year

Mr. Abdulwahab Alrushood, Group Chief Treasury Officer, receiving the award.
March 21st, 2018 - 12:42 GMT

KFH-Bahrain Wins ‘Best Islamic Bank in Bahrain’ Award

A number of officials, department heads and ministry employees attended the celebration.
March 21st, 2018 - 10:46 GMT

UAE Ministry of Finance celebrates International Day of Happiness

Marcello Baricordi, Visa General Manager for Middle East and North Africa
March 21st, 2018 - 08:30 GMT

Visa Names Marcello Baricordi as General Manager for Middle East and North Africa

LG developed an open source version of its platform, webOS Open Source Edition.
March 21st, 2018 - 08:15 GMT

WebOS Enters Next Phase as Global Platform Under LG’s Stewardship

Mr. Dhafer Al Ahbabi, Chairman of the Board of Directors, welcomed the shareholders and thanked them for their continuous support of the company and their valuable trust in the Board of Directors.
March 21st, 2018 - 07:50 GMT

Al Ramz Corporation AGM Convenes and Approves 6 Percent Dividend Distribution

Abdulhamid Saeed, Group CEO of FAB
March 20th, 2018 - 12:27 GMT

First Abu Dhabi Bank Wins Commercial Banking Licence in Saudi Arabia

The Kuwait Open Tennis tournament is the biggest championship organized by the Kuwait Tennis Federation.
March 20th, 2018 - 10:00 GMT

Burgan Bank Sponsors 9th Kuwait Open Tennis Championship

81% of respondents were ‘confident’ that their own company would grow over the next 12 months, according to PwC.
March 20th, 2018 - 08:19 GMT

PwC: Adjusting to the New Normal, What’s on the Minds of Middle East CEOs?

Pankaj Kundra, Head of Payments Mashreq
March 20th, 2018 - 07:50 GMT

Mashreq Bank Drives Innovation With Alipay Payment Partnership

Noor Bank Team with Abdulqader Obaid Ali Chairman of UAE IAA.
March 19th, 2018 - 10:49 GMT

Noor Bank Receives 'Generally Conforms' Rating From UAE Internal Auditors Association

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