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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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Khamis Buharoon, Chairman and acting CEO of Abu Dhabi Islamic Bank (ADIB)
February 5th, 2018 - 12:34 GMT

Abu Dhabi Islamic Bank Sees Bright Outlook in 2018

The Bazaar was an open day for all family members with plentiful children’s interactive activities.
February 5th, 2018 - 09:42 GMT

Burgan Bank Concludes Sponsorship of Kuwait English School's Annual Entertaining 'Green Unit Bazaar'

Abdulhamid Saeed presented medals to each member of the team.
February 5th, 2018 - 09:23 GMT

FAB Honours Pro Cycling’s UAE Team Emirates

Bank ABC is a leading player in the region’s banking industry and provides innovative wholesale financial products and services.
February 4th, 2018 - 12:26 GMT

Bank ABC Among Top 10 GCC Companies for 2017

Khalid Rafea, Executive Manager and Head of Retail Banking Group at KFH-Bahrain with the winner Ebrahim Bukhamas.
February 4th, 2018 - 12:10 GMT

KFH-Bahrain Gives Away Final ‘Libshara’ Grand Prize for 2017

QNB’s brand value has grown to US $4.2bn compared to US $3.8bn in 2017, an 11% year-on-year increase.
February 4th, 2018 - 08:08 GMT

QNB Named 'Most Valuable Banking Brand in Middle East and Africa' With $4.2 Billion

Basel Al-Assad and Ahmed Abul, accepting the awards from IFM’s representatives.
February 4th, 2018 - 05:45 GMT

Gulf Bank Wins ‘Best Retail Bank’ and ‘Best Mobile Banking App’ From International Finance Magazine

Lebanon’s four top banks maintained stable growth in 2017, despite the delicate situation in the country, a report by BLOMINVEST said Wednesday. (Shutterstock)
February 1st, 2018 - 12:10 GMT

Lebanon’s Four Top Banks Maintain Reasonable Growth in 2017: Report

As of December 2017, the total assets of Turkey's banking sector were 3.26 trillion Turkish liras ($862.7 billion), rising 19.4 percent, year-on-year. (Shutterstock)
February 1st, 2018 - 09:30 GMT

Turkey: Banking Sector’s Net Profit Hits All-Time High in 2017, With $13 Billion

Dr. Adnan Chilwan, Group CEO at Dubai Islamic Bank
January 31st, 2018 - 12:58 GMT

Dubai Islamic Bank Issues $1 Billion Senior Unsecured Sukuk

Hussain Al Yafai, Head of Global Banking at Standard Chartered Oman
January 31st, 2018 - 10:23 GMT

Standard Chartered Acts as Joint Lead Manager for Oman's $6.5 Billion Bond

The bank posted a net profit of OMR176.82 million in 2017 compared to OMR176.56 million reported in 2016.
January 31st, 2018 - 10:15 GMT

Bank Muscat’s Board Proposes 35 Percent Dividend for 2017

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