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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 merger between the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) last year is reported to have resulted in numerous jobs cuts. (Photo: NBAD)
March 4th, 2018 - 10:16 GMT

Abu Dhabi Banks Slash 1,300 Jobs in Cost-Cutting Drive

The teachers were briefed on the nature of the banks operations, typical tasks assigned to employees, along with the bank’s achievements and future objectives.
March 4th, 2018 - 10:12 GMT

Bahrain Islamic Bank Receives Teacher Delegation From the Ministry of Education

The Leadership Challenge® is being successfully offered to forty leaders at Burgan Bank who are actively involved in the initiative. T
March 4th, 2018 - 06:37 GMT

Burgan Bank Kuwait the First Bank to Adopt 'The Leadership Challenge' Complete Model

Burgan Bank's support of this initiative falls under its dynamic full-fledged community program entitled ‘ENGAGE’   – Together to be the change.
March 1st, 2018 - 12:55 GMT

Burgan Bank Sponsors Kuwait’s National Day Celebrations at Kuwait University

Tareq Al-Qallaf, Kuwait’s wheelchair fencing champion
March 1st, 2018 - 08:10 GMT

Burgan Bank Wishes Tareq Al-Qallaf Success in Arnold Schwarzenegger Fencing Classic 2018

The session began by discussing China’s One Belt and One Road initiative.
March 1st, 2018 - 06:34 GMT

Global Financial Markets Forum Discusses Opportunities From China’s Belt and Road Initiative

The integration marks the first Masterpass enablement with a telecommunications company in Bahrain. (Shutterstock)
February 28th, 2018 - 12:44 GMT

Mastercard Enables Masterpass for Arab Financial Services and Batelco's 'Bwallet'

The panelists concluded with discussion around India progress in building a new business model that attracts local and foreign investment.
February 28th, 2018 - 11:30 GMT

First Abu Dhabi :Opportunities in India Explored at Global Financial Markets Forum

The exhibition was held to showcase Kuwait’s growing efforts to facilitate the overall requirements and comfort of the special needs segment.
February 28th, 2018 - 10:26 GMT

Burgan Bank Participates in Kuwaiti Project for Special Needs Exhibition

During the session, Ahmed Al Sayegh explored the importance of regulation, innovation and a global outlook in order to create the next generation of great UAE companies.
February 27th, 2018 - 11:44 GMT

First Abu Dhabi Bank Hosts ADGM Chairman at Ninth Global Financial Markets Forum

Aziz Al Ghurair, Chairman of the UAE Banks Federation (UBF)
February 27th, 2018 - 09:47 GMT

UBF Hails Banking Sector’s Contribution to Society, Urges Banks to Adopt More CSR Initiatives in 2018

Bank ABC Islamic today announced that its net profit for the year 2017 was 12 percent higher than a year before.
February 27th, 2018 - 07:29 GMT

Bank ABC Islamic Announces $25.6 Million Net Profit for 2017, up 12 Percent

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