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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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This is the second year in a row that Noor Bank has been honored in this category.
December 12th, 2017 - 08:18 GMT

Noor Bank Wins Best Islamic Retail Banking for Second Consecutive Year

Ahmed Abdelaal, Head of Corporate and Investment Banking at Mashreq Bank
December 12th, 2017 - 08:05 GMT

Mashreq Announces New Head of Corporate and Investment Banking

Younis Haji Al Khoori, Undersecretary of MoF, reviewed the main points of VAT implementation in the UAE.
December 11th, 2017 - 12:29 GMT

UAE Ministry of Finance Reviews Federal Decree Law No.8 on Value Added Tax

Talib receives the Award from Fattouh and WUAB Chairman, Dr. Joseph Torbey.
December 11th, 2017 - 10:52 GMT

Ithmaar Bank Awarded 'Best Islamic Retail Bank in Bahrain'

Nasser Sarris, General Manager of UAE Banks Federation, speaking at the forum.
December 11th, 2017 - 10:02 GMT

UAE Banks Federation Addresses Cybersecurity Challenges at ‘Himaya’ Forum

Rami Nazer, PwC Middle East Government & Public Sector Leader
December 11th, 2017 - 08:57 GMT

PwC Middle East Launches Guide to Improve Learning for Children With Behavioural Difficulties

Emirates NBD has committed Dh1 billion in investments for digital initiatives.
December 11th, 2017 - 06:30 GMT

Digitisation at the Centre of Emirates NBD’s Retail Growth Strategy

The meeting underpinned the increasing importance of collective efforts to strengthen the banking sector in the UAE.
December 10th, 2017 - 12:40 GMT

UBF's CEOs Advisory Council Reviews Progress on Blockchain Initiative and SMEs

Khalid Al-Othman, Bank Aljazira’s Senior Vice President and Head of Retail Banking Group, receiving the award.
December 10th, 2017 - 07:13 GMT

Bank Aljazira Wins 'Best Islamic Retail Bank' for Second Time

Customers wishing to open a Al-Thuraya account can do so by simply visiting the nearest Burgan Bank branch.
December 10th, 2017 - 05:58 GMT

Burgan Bank Announces Winner of Al-Thuraya Salary Account Monthly Draw

Arif Usmani, Group Head of Mashreq Bank Risk Management.
December 7th, 2017 - 06:58 GMT

Mashreq Bank Appoints New Group Head of Risk Management

The graduates with the bank's CEO Vince Cook.
December 6th, 2017 - 11:34 GMT

National Bank of Fujairah Graduates New Batch of Management Training Programme Participants

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