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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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Saudi Arabia’s SR978 billion ($260 billion) budget for 2018 sends a strong signal that the government is serious about supporting the economy, says NBK.
January 18th, 2018 - 01:56 GMT

Saudi 2018 Budget Backing Non-Oil Sector: NBK

For the year 2017, QNB Group's net profit reached $3.6 billion, up by 6 percent compared to last year. Total assets also increased by 13 percent to reach $223 billion, the highest ever achieved by the Group.
January 18th, 2018 - 11:18 GMT

QNB Group Unveils Strong Financial Results for 2017: Details

Corporate Governance Law to Attract More Investors to Saudi Market: KPMG
January 18th, 2018 - 10:19 GMT

Corporate Governance Law to Attract More Investors to Saudi Market: KPMG

Representing the bank at the event was its senior management team led by Ahmed Al Musalmi, Chief Executive Officer of NBO.
January 17th, 2018 - 11:29 GMT

Entrepreneurship Awards Name National Bank of Oman ‘Best Financial Support’

During the launch ceremony
January 17th, 2018 - 10:42 GMT

Noor Bank and UB QFPay Release M-Wallet Solution in UAE

The panel discussion highlighted the success of the UAE-Pacific Partnership Fund (UAE-PPF).
January 17th, 2018 - 09:47 GMT

Abu Dhabi Fund for Development Holds Panel Discussion on Success of UAE-Pacific Partnership Fund

Dubai Islamic Bank's head office
January 17th, 2018 - 09:41 GMT

Dubai Islamic Bank Announces Full Year 2017 Financial Results

Kausar Mukeri CISO
January 17th, 2018 - 08:04 GMT

InvestBank Bolsters Cybersecurity to Support Growth and Evolving Customer Needs

Eng. Hani Salem Sonbol and Mrs. Fatoumata Jallow-Tambajang at the signing ceremony.
January 17th, 2018 - 07:49 GMT

ITCF Signs $210 Million Framework Agreement With the Government of Gambia

Kuwaiti students educated on the group’s brands, departments and subsidiaries during 2nd year Internship Program.
January 17th, 2018 - 07:47 GMT

Al-Babtain Group Continues to Impart Wealth of Knowledge to 2018 Interns in Partnership With Injaz Kuwait

The exchange will open channels of constructive dialogue with various stakeholders to identify the common principals, standards and business rules.
January 16th, 2018 - 01:07 GMT

Abu Dhabi Securities Exchange Enters Blockchain Deal With SWIFT

The operating performance was also supported by higher non-interest income, lower expenses and an improved cost of risk.
January 16th, 2018 - 09:06 GMT

Emirates NBD Posts Record Net Profit of Dh8.35 Billion for 2017

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