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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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During the event
October 31st, 2016 - 11:16 GMT

Bank Nizwa participates in the first Oman Franchise Expo & Conference

Rashed Al Ansari, General Manager of Al Ansari Exchange
October 31st, 2016 - 07:14 GMT

Al Ansari Exchange unveils Winter Promotion 2016 under theme Win Your Dream Home in Your Country

Embraer has agreed to pay a $205.5m fine to settle an investigation by US and Brazilian authorities into bribery allegations in the Dominican Republic, India, Mozambique and Saudi Arabia. (File photo)
October 30th, 2016 - 12:00 GMT

Saudi Aramco confirms employee's involvement in Embraer bribery

Mr. Craig Bellو Chief Financial Officer, Al Hilal Bank
October 30th, 2016 - 09:09 GMT

Al Hilal Bank appoints Craig Bell as Chief Financial Officer

During the event
October 30th, 2016 - 08:03 GMT

Mashreq is making more millionaires

The ownership structure of GCC banks where well established local private shareholders often control sizeable stakes, and foreign banks only hold minority stakes, is also a stumbling block to successful merger activity. (File photo)
October 30th, 2016 - 08:00 GMT

GCC banks resisting mergers despite pressures: Fitch

OAB CEO Amin Al Husseini
October 30th, 2016 - 07:41 GMT

Oman Arab Bank partners with Tanfeedh

Burgan Bank Experience Adventure
October 30th, 2016 - 06:26 GMT

Burgan Bank sponsors ‘Experience Adventure’ exhibition

During the event
October 30th, 2016 - 06:12 GMT

DGCX appoints Agricultural Bank of China as market maker for Shanghai Gold Futures contract

RAKBANK
October 27th, 2016 - 12:00 GMT

RAKBANK Group reports AED 554.2 million net profit for the nine months of 2016

MasterCard
October 26th, 2016 - 07:37 GMT

Mastercard and dnata launch VAT Reclaim Service for SMEs

The bankruptcy law is one of the most important foundations of the UAE legislative system considering its role in strengthening  the investment environment for the UAE economy. (File photo)
October 26th, 2016 - 05:52 GMT

UAE's new bankruptcy law to come into effect by January 2017

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