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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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Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank.
January 30th, 2018 - 01:28 GMT

Bahrain’s Ithmaar Bank Plans Expansion in Pakistan

Dr. Seetharaman, CEO of Doha Bank
January 30th, 2018 - 01:05 GMT

Doha Bank Unveils Aggressive Asian Expansion Plan

Emirates NBD has commenced initial strategic discussions with Sberbank of Russia regarding Denizbank.
January 30th, 2018 - 11:59 GMT

Emirates NBD to Acquire Stake in Turkey's Denizbank

The partnership comes as part of the bank’s strategy to diversify its expanding portfolio of corporate clients.
January 30th, 2018 - 10:19 GMT

Bank Nizwa Finances Phase 1 of Duqm Frontier Town Project

Sami Al Awadi Chief Compliance Officer Noor Bank John Iossifidis CEO.
January 30th, 2018 - 10:09 GMT

Noor Bank Recognized for Exceptional Customer Service by Dubai Police

Abdulhamid Saeed, Group CEO of FAB
January 29th, 2018 - 12:21 GMT

FAB Proposes Outstanding Cash Dividend of Dh0.70 per Share

The event is region’s leading Emiratisation exhibition that focuses on recruitment, career development and entrepreneurship.
January 29th, 2018 - 10:29 GMT

National Bank of Fujairah Underscores Focus on Emiratisation at Tawdheef 2018

Atif A. Abdulmalik, Arcapita’s Chief Executive Officer
January 29th, 2018 - 09:54 GMT

Arcapita Partners With HSBC Saudi Arabia on $150 Million GCC Logistics Fund

Congratulations to the winner, UAE national Waleed Al Shehhi.
January 29th, 2018 - 09:07 GMT

Dubai Islamic Bank Celebrates First UAE National Win in ‘Double Your Salary’ Promotion

Ithmaar Holding Board Member, Abdulelah Ebrahim Al-Qassimi, rang the market-opening bell in the presence of His Excellency Essa Kazim, Chairman of DFM and senior representatives from both sides.
January 29th, 2018 - 08:32 GMT

Dubai Financial Market Welcomes the Listing of Bahrain’s Ithmaar Holding

The 27 year-old, who entered the race just days before, sprinted across the finish line followed by four more runners within eight seconds.
January 28th, 2018 - 12:04 GMT

Records Fall as Geremew, Dereje Win Standard Chartered Dubai Marathon

The figure puts profits in the fourth quarter of 2017 alone at Dh1.07 billion – up 7 per cent year-on-year compared to the Dh1 billion reported in the last quarter of 2016.
January 28th, 2018 - 11:41 GMT

ADCB Profits Rise 3 Percent to Dh4.28 Billion in 2017

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