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Banking and Finance

Banking and Finance latest

Boursa Kuwait approves 2025 results and authorizes cash dividends of over KD 25.5 million
April 5th, 2026 - 10:23 GMT

Boursa Kuwait approves 2025 results and authorizes cash dividends of over KD 25.5 million

Boursa Kuwait held its ordinary general assembly meeting for the year 2025 today, Sunday, 5 April 2026, chaired by Chairman Mr. Bader Nasser Al-Kharafi, with an attendance rate of 70.31% of shareholders. During the meeting, the assembly approved all items on its agenda, foremost among them the Board of Directors' recommendation to distribute cash dividends of 127 fils per share, totaling 25,498,520 Kuwaiti dinars (twenty-five million, four hundred ninety-eight thousand, five hundred and twenty Kuwaiti dinars only). These dividends are payable to shareholders registered in the company's records at the ...
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CBD Now will allow customers to completely change the way they manage their finances using technology to serve all their banking needs. (File photo)
November 28th, 2016 - 07:08 GMT

CBD Now will be the UAE's first digital bank

GIB, CEO Mr. Abdulaziz Al-Helaissi
November 27th, 2016 - 08:01 GMT

GIB launches its new corporate identity in Riyadh

Dr. Adnan Chilwan, Group Chief Executive Officer at Dubai Islamic Bank, receiving Banker of the Year Award
November 27th, 2016 - 06:49 GMT

Dubai Islamic Bank shines at the Islamic Business and Finance Awards

Dr. Adnan Chilwan, Group CEO of DIB & Ghaith Al Ghaith, CEO of Flydubai, launching the new Co-Branded Credit Card
November 24th, 2016 - 06:45 GMT

Dubai Islamic Bank and flydubai launch new Co-Branded Credit Card

The total global wealth in 2016 edged upwards by $3.5 trillion to a total of $256 trillion. (File photo)
November 23rd, 2016 - 12:30 GMT

Puttin on the ritz: UAE and Qatar enjoy highest average levels of wealth in MENA

 United Arab Emirates’s National Day
November 23rd, 2016 - 09:32 GMT

Burgan Bank celebrates UAE’s National Day by offering a free prepaid X-Change card in UAE Dirhams

During the event
November 23rd, 2016 - 09:23 GMT

Mastercard brings a cashless payment experience to IMG Worlds of Adventure

During the event
November 23rd, 2016 - 08:25 GMT

National Bank of Fujairah recognised with ‘Banker’s Choice Award’ at The Asian Banker Middle East and Africa Regional Awards 2016

Gulf Bank ratings
November 23rd, 2016 - 08:13 GMT

Moody’s affirms Gulf Bank’s stable outlook and solid revenue-generating capacity

Ignace Bauwens
November 23rd, 2016 - 05:59 GMT

Wyndham Hotel Group strengthens leadership team in Middle East and Africa with new appointment

The strategy will essentially focus on financially-alienated categories that include adults with low income rates, micro-, small- and medium-sized projects, women, young people, non-Jordanians and refugees. (File photo)
November 23rd, 2016 - 05:39 GMT

Jordan's national strategy for financial inclusion to target SMEs, women

The central bank chief noted that there has been no growth in the restructuring of loans by borrowers. (File photo)
November 22nd, 2016 - 09:30 GMT

Oman's Central Bank eases provisions for restructured loans

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