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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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During the meeting
March 7th, 2016 - 05:30 GMT

FGB announces 100% cash dividend for 2015 at Annual General Meeting

The expected failure of Parliament to ratify the budget and Cabinet to approve two critical oil decrees weighs heavy on the economy,” the survey said. (File photo)
March 6th, 2016 - 10:00 GMT

Lebanon braces itself for credit rating downgrade

Dubai Gold & Commodities Exchange
March 6th, 2016 - 09:32 GMT

DGCX welcomes INTL FCStone into its member community

Bank Nizwa
March 6th, 2016 - 05:50 GMT

Bank Nizwa partners with Islamic Finance News to bring first-of-its-kind industry seminar to Oman

Domty is Egypt's largest cheese producer by market share. (Domty)
March 3rd, 2016 - 05:00 GMT

Egypt: Domty IPO estimated at $327M

DIB Annual General Assembly Meeting 2016
March 2nd, 2016 - 07:37 GMT

Dubai Islamic Bank to distribute 45% cash dividend for 2015

Kevin Cha, Executive President, LG Electronics MEA inaugurating the GESS 2016
March 2nd, 2016 - 06:05 GMT

LG Showcases the 'Future Classroom’ at GESS 2016

The Central Bank will publish a list of the financial institutions involved, so that would-be beneficiaries may apply directly for loans. (Panoramio)
March 2nd, 2016 - 06:00 GMT

Jordan's SMEs get a $100M boost from Kuwait fund

Mr. Promoth Manghat, CEO, UAE Exchange, receiving the award from Mr. Andrew Neil, Chairman, ITP Publishing, the BBC Broadcaster and former Sunday Times editor - “Photograph, courtesy of ITP Executive Publishing”
March 2nd, 2016 - 05:59 GMT

UAE Exchange CEO wins the Finance CEO of the Year Award

D.r Adnan Chilwan, GCEO, and HR officials, DIB recieve ISO 90012008 Quality Management System certification
March 1st, 2016 - 11:18 GMT

DIB Human Resources Department achieves ISO 9001:2008 Quality Management System certification

MasterCard - Prepaid and Govt Conference 2016 - Panel
March 1st, 2016 - 10:49 GMT

Public-Private partnerships key to advancing financial inclusion, experts share at MasterCard Prepaid and Government Conference

Japan's lending package includes a $155 million loan to expand Egypt's Borg Al-Arab airport, 50km southwest of Alexandria. (Pinterest)
February 29th, 2016 - 11:00 GMT

Egypt to receive Asian loans worth $575M

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