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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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Undisturbed by the economic blockade, Qatar's banking industry witnessed a double-digit expansion in total assets in October, according to QCB data. (File photo)
November 28th, 2017 - 06:57 GMT

Qatar's Banking Sector Grows 10 Percent Despite Blockade: Central Bank

During the event
November 28th, 2017 - 11:56 GMT

Dubai Islamic Bank Awarded Financial Institution of the Year at Meed Awards 2017

FAB has agreed to align its strategies and operations with UNGC’s 10 Principles.
November 28th, 2017 - 09:44 GMT

FAB Becomes the First UAE Bank to Sign up to UN Global Compact

The initiative will offer four opportunities for a four-month period at Mastercard’s offices in Dubai, starting on February 1, 2018.
November 28th, 2017 - 09:09 GMT

Get Ready to ‘Relaunch Your Career’ with Mastercard

The lecture explored the concept of risk and return, recent developments in regional markets.
November 28th, 2017 - 08:25 GMT

NBK Capital Presents Latest Developments in Regional Markets at Kuwait University

e-Dirham card
November 28th, 2017 - 08:20 GMT

Emirates Post Group Launches E-Dirham Card Services

The forum was attended by representatives from ADX’s listed companies as well as members of ADX senior management.
November 27th, 2017 - 11:55 GMT

ADX Holds the Second Annual Forum for Listed Companies for This Year

Ahmed Shehab, Head of Trade Finance for Financial Institutions in the Deutsche Bank MENA Region & Turkey
November 27th, 2017 - 10:06 GMT

Deutsche Bank Appoints Ahmed Shehab Head of Trade Finance for Financial Institutions in MENA and Turkey

Mr. Khalid Rafea with Mr. Abdulredha Zaman
November 27th, 2017 - 06:32 GMT

KFH-Bahrain Hands Over the 2nd Apartment in Marassi Al Bahrain

The Memorandum of Understanding was signed recently by Richard Teng, CEO of the Financial Services Regulatory Authority, FSRA, of ADGM, and Osama Al Rahma, CEO of Al Fardan Exchange.
November 27th, 2017 - 06:09 GMT

Abu Dhabi Global Market, Al Fardan Exchange Collaborate to Foster Fintech Development

The Bank’s Recurring Deposit is a simple way for all RAKBANK individual customers to implement savings as a financial obligation and turn it into a positive habit.
November 27th, 2017 - 06:04 GMT

RAKBANK Introduces New Savings Deposit Account

The bank's presence in the UAE will allow the bank to further promote investment opportunities in Iraq. (Courtesy of WAM)
November 26th, 2017 - 02:34 GMT

Trade Bank of Iraq Opens Office in Abu Dhabi

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