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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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During the award ceremony held on the 13th of December 2017, Mr. Mohammed Redha Al Aali received an award for Distinguished Manager and Mr. Mohammed Mutaleb Taqi for Diligent Employee.
January 15th, 2018 - 12:59 GMT

Two CrediMax Employees Win the Diligent Employee and Distinguished Manager Award

Visa is the official payment partner of the FIFA World Cup.
January 15th, 2018 - 12:21 GMT

QIB Partners With Visa for 2018 FIFA World Cup Prizes

The Capital Markets Authority (CMA) board issued its resolution to adopt the updated instructions on Book Building and Allocation of Shares in IPOs. (AFP)
January 15th, 2018 - 11:56 GMT

CMA Adopts Updated Instructions on Book Building and Allocation of Shares in IPOs

As part of the Ministry’s Advanced National Talent Development Program, the MoU was signed to promote the development of Saudi youth’s skills in the financial sector.
January 15th, 2018 - 11:41 GMT

Minister of Finance Signs MoU to Boost Financial Skills Among Saudi Youth

It also came second globally in the in the fifth edition of the Islamic Finance Development Report and Indicator.
January 15th, 2018 - 11:27 GMT

Bahrain Tops Regional Islamic Finance Table

Mashreq’s presence in Bahrain started in 1981, in line with the strong relationship and cooperation between the GCC countries.
January 15th, 2018 - 10:44 GMT

Mashreq Bank Celebrates Celebrates 50 Year Anniversary in Bahrain

The event marked the end of the 2017 Al Kanz scheme and the launch of the 2018 edition.
January 15th, 2018 - 05:35 GMT

NBO Celebrates Winners of the OMR 500,000 Al Kanz Mega Draw

Saudi British Bank (SABB), the leading trade bank in the kingdom.
January 14th, 2018 - 01:10 GMT

Saudi Bank SABB Names New Board Member

Banks across the GCC are expected to see stabilization of the financial profiles and performance after two years of significant pressure, according to S&P Global Ratings. (Shutterstock)
January 14th, 2018 - 12:24 GMT

GCC Banks to Stabilize in 2018: Report

Mr. Sael Al Waary, Chairman of AFS and Deputy Group CEO of Bank ABC
January 14th, 2018 - 10:54 GMT

Middle East & Africa FinTech Forum to Be Held This March in Manama

KPMG in Bahrain’s Managing Partner, Jamal Fakhro
January 14th, 2018 - 07:24 GMT

KPMG Reports 12.7 Percent Growth in Aggregated Revenues of Member Firms Across the MESA Region

“We are dedicated to empowering women throughout the Sultanate with knowledge of Islamic finance." - Suhaila Al Ismaili, Senior Manager at Bank Nizwa
January 14th, 2018 - 07:17 GMT

Bank Nizwa Empowers Women in Oman With ‘Ladies Only’ Banking Services

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