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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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Millions of consumers are able to pay with a simple tap in over 8 million locations across 111 countries.
March 14th, 2018 - 10:59 GMT

Mastercard Announces Roadmap for Contactless Payments Consistency

This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export and import factoring facilities to clients in the UAE.
March 14th, 2018 - 09:42 GMT

Noor Bank in UAE Gains Membership to FCI

Khalid Al-Othman, SVP and Head of Retail Banking Group receiving the award.
March 14th, 2018 - 07:03 GMT

Bank Aljazira Wins Best Customer Service in Saudi Arabia

The awards were in recognition of Mashreq’s bespoke services designed to provide customized solutions to meet the complex needs of its corporate clients.
March 14th, 2018 - 06:30 GMT

Mashreq Bank to Win Twice at EMEA Finance Middle East Banking Awards

Yousif Ali Mirza, Chief Executive of CrediMax
March 14th, 2018 - 06:14 GMT

CrediMax Bahrain Receives Certification on PCI DSS V3.2 Compliance by SISA

All six member countries including Qatar have agreed to contribute initial capital. (Shutterstock)
March 13th, 2018 - 12:25 GMT

Gulf States Set up Company for Money Transfers Among Members

The NBF team at Careers UAE 2018 in Dubai World Trade Centre.
March 13th, 2018 - 11:00 GMT

National Bank of Fujairah Reinforces Commitment to Emiratisation at Careers UAE 2018

QNB, the largest lender in the Middle East and Africa by assets, jumped its maximum daily limit of 10 percent after the announcement.
March 13th, 2018 - 09:56 GMT

Qatar Index Jumps 410 PTS on QNB Foreign Ownership Move

Noor Bank Team at 2018 Careers UAE
March 13th, 2018 - 09:35 GMT

Noor Bank Marks Continues Participation at Careers UAE

Nassir Ghrous, SVP Banking & Payments for CISMEA Gemalto
March 12th, 2018 - 10:49 GMT

Riyad Bank Launches First Contactless Payment Bracelets

The agreement was signed by HE Munther Mohammed Bin Shekar, Director-General of RAK Municipality and Manoj Menon, Senior Managing Director and Head of Global Transaction Banking at FAB.
March 12th, 2018 - 09:26 GMT

First Abu Dhabi Bank Signs Escrow Agreement With RERA-RAK

Hassan Jarrar, BisB CEO, and Efi Dahan, PayPal General Manager in Russia, Middle East and Africa.
March 12th, 2018 - 06:17 GMT

BisB and PayPal Partner to Expand E-Commerce in Bahrain

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