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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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Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell to celebrate the listing of the bond on Nasdaq Dubai. (Courtesy of Emirates NBD)
November 19th, 2017 - 01:22 GMT

Emirates NBD Celebrates Listing of $750 Million Bond on Nasdaq Dubai

The ‘Exchange of the Year’ winner is carefully selected from a pool of candidates, based on the Exchange’s ability to cater to investors’ demands through derivatives contracts.
November 19th, 2017 - 07:49 GMT

DGCX Named ‘Exchange of the Year’ at FOW Global Investor MENA Awards 2017

The event is set to take place at the Dubai Chamber of Commerce and Industry on November 20.
November 19th, 2017 - 07:26 GMT

National Bank of Fujairah to Showcase Its Trade Finance Expertise at the ICC UAE Trade Finance Conference

Just in time for #BlackFriday!  (Pictured here: Saleem Hammad, GM of Souq.com Saudi Arabia, and Saleh Alzumaie, GM Retail Banking at Al Rajhi Bank during the signing ceremony)
November 19th, 2017 - 06:30 GMT

Al Rajhi Bank and Souq.com to Offer Discounts to Customers in Saudi Arabia

Mr Jamal Al Jasmi welcoming the HR Managers
November 16th, 2017 - 08:45 GMT

Emirates Institute for Banking and Financial Studies Convenes Annual HR Managers Forum

First Abu Dhabi Bank has emerged as the highest scoring UAE financial institution for its latest climate change response.
November 16th, 2017 - 08:43 GMT

FAB Recognised as Top UAE Financial Institution for Climate Change Action

Bobsled pilot Seun Adigun, and brakemen Ngozi Onwumere and Akuoma Omeoga, combine their elite track backgrounds to chase their bobsled dreams.
November 16th, 2017 - 07:43 GMT

Visa Adds Three Nigerian Athletes to Team Visa for Olympic Winter Games 2018

This year’s event saw over 100 business leaders enjoy a day of golf followed by an evening reception.
November 16th, 2017 - 07:30 GMT

National Bank of Fujairah Organises Fifth Golf Tournament at Dubai Creek Golf Club

Dubai Islamic Bank took home the title of 'Strongest Islamic Retail Bank in the UAE' for 2017. Mabrook! (Pictured here: Sanjay Malhotra, Chief of Consumer Banking at DIB receiving the award.)
November 16th, 2017 - 06:13 GMT

DIB Wins UAE’s Strongest Islamic Retail Bank for 2017

Mr. Saif Sayah Al Mansoori, Senior Head of Listed Companies Affairs Department at ADX
November 15th, 2017 - 12:48 GMT

ADX Achieves 99 Percent in Disclosure Compliance of Third Quarter 2017 Financial Statements

Alain Francis, Mashreq VP ATM Channel Manager, Aref Al Ramli, Mashreq SVP Head of Digital Banking and Innovation, Wael El Aawar, NCR VP Middle East and Africa, Motaz Ghazi, NCR Account Director.
November 15th, 2017 - 09:47 GMT

Mashreq Bank First in the UAE to Use Innovative SelfServ 80 Series

Al thuraya winner
November 15th, 2017 - 09:39 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

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