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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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Emirates offer
September 9th, 2016 - 03:40 GMT

Enjoy special rates on Emirates Airline tickets with Gulf Bank credit cards

Dubai can easily attract investment amounting between $50B-$100B in the foreseeable future through brand positioning strategy and an effective marketing campaign, according to one economist. (File photo)
September 8th, 2016 - 12:00 GMT

Singapore, Dubai can steal London's crown as global financial hub: PWC

Gulf Bank
September 8th, 2016 - 07:51 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 28 Aug – 1 Sept 2016

Burgan Bank
September 7th, 2016 - 08:20 GMT

Burgan Bank’s ready for the Eid Al Adha Holiday Rush

Nearly 30 percent of the assets of banks in Lebanon are in cash. (File photo)
September 7th, 2016 - 08:00 GMT

Lebanon's dash for cash: Demand for hard currency doubles over seven years

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
September 6th, 2016 - 07:58 GMT

MoF reviews the final draft of the federal bankruptcy law

Egyptian Media Company will be registered on the stock market as a holding company by 2017 and raise up to 1 billion Egyptian pounds in 2018 after the IPO.  (File photo)
September 6th, 2016 - 07:00 GMT

Egyptian Media Company plans $113M IPO

PCP Capital Partners LLP is led by investment banker Amanda Staveley, who was instrumental in assisting Barclays in raising funds in Abu Dhabi. (File photo)
September 5th, 2016 - 12:01 GMT

Barclays accused of fraudulent $3B loans to Qatari investors to buy its own shares

There has been a recent surge in the number of bank defaults and incidents of fleeing expatriate businessmen in the absence of a legal framework on debt restructuring and bankruptcy. (Shutterstock)
September 5th, 2016 - 07:00 GMT

New UAE bankruptcy law will make business environment more investor-friendly

Sharjah Islamic Bank
September 5th, 2016 - 06:16 GMT

SIB successfully issues $500 million sukuk

Amin Al Husseini, Chief Executive Officer, Oman Arab Bank
September 5th, 2016 - 05:23 GMT

Oman Arab Bank launches “Lead” first-of-its-kind employee leadership program

Statistics also showed that the total of investment funds assets in Saudi Arabia dropped to USD27.6 billion in 2015 compared with USD29.3 billion in 2014. (AFP/Fayez Nureldine)
September 4th, 2016 - 07:00 GMT

Saudi share market index drops again

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