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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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César González-Bueno Gulf Bank CEO
July 24th, 2016 - 10:58 GMT

Gulf Bank posts an 11% increase in Net Profit in H1 2016

Hana Rostamani, Head of Consumer Banking, FGB and Promoth Manghat, CEO, UAE Exchange exchanging signed agreement
July 24th, 2016 - 08:43 GMT

FGB partners with UAE Exchange to provide residents with innovative cash service

HSBC Switzerland is at the center of an international, multi-billion-dollar scandal. (AFP/File)
July 24th, 2016 - 06:00 GMT

Swiss Leaks revisited: Strong Egyptian presence in banking scandal

UAE Ministry of Finance
July 24th, 2016 - 05:38 GMT

MoF enhances the UAE’s global competitiveness

Gulf Bank
July 24th, 2016 - 05:15 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 10 July – 14 July 2016

Labor Minister Sejaan Azzi. (AFP/File)
July 24th, 2016 - 04:00 GMT

Lebanon amends daily minimum wage law, activists protest

Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21st, 2016 - 06:13 GMT

Lebanon to ensure local banks comply with US anti-Hezbollah law

Barclays is divesting its Africa unit as part of a plan to simplify its structure and seek higher shareholder returns. (AFP/Carl Court)
July 20th, 2016 - 10:00 GMT

Emirates NBD, MENA banks eye Barclays Egypt sale

The Central Bank of Jordan said that banks can invest up to 10 percent of their capital. (File photo)
July 20th, 2016 - 05:30 GMT

Jordan's banks buy into national investment fund

OAB Signing Agreement
July 18th, 2016 - 09:33 GMT

Oman Arab Bank introduces innovative insurance products for complete customer peace of mind

United Arab Bank
July 18th, 2016 - 05:54 GMT

Financial results – Q2 2016 UAB’s transformation strategy remains on track

Bank Nizwa’s Shari’a-compliant auto finance Ramadan campaign extended until July 31st 2016
July 17th, 2016 - 11:16 GMT

Bank Nizwa’s Shari’a-compliant auto finance Ramadan campaign extended until July 31st 2016

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