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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
June 27th, 2016 - 06:12 GMT

Mashreq to commence construction of new HQ in Downtown Dubai

Dr. Adnan Chilwan, Dubai Islamic Bank Group Chief Executive Officer
June 27th, 2016 - 05:21 GMT

Dubai Islamic Bank rights issue massively oversubscribed to reach nearly AED 9 billion

During the event
June 27th, 2016 - 03:44 GMT

Gulf Bank celebrates Girgi’an with children of Kuwait

Noor Bank
June 26th, 2016 - 06:54 GMT

Noor Bank offers guaranteed gifts to cardholders on international spends during summer

Gulf Bank
June 26th, 2016 - 06:10 GMT

4 days left to enter Al Danah’s KD500,000 draw

The ban comes after the CSRD sentenced MMG founder Mohammad Al-Mojil and his son Adel Al-Mojil, the firm’s chairman, to five years in jail on Thursday. (Deloitte)
June 23rd, 2016 - 10:00 GMT

Deloitte 'disappointed' after two-year ban decision by Saudi regulator

Qatar's Mayhoola also owns the Valentino label. (AFP/File)
June 22nd, 2016 - 12:30 GMT

Qatar's Mayhoola buys Balmain fashion house

During the event
June 22nd, 2016 - 09:38 GMT

Oman Arab Bank volunteers distribute food hampers to low income families

Corneliani was founded in 1958 and is one of Italy’s longest standing independent brands. (Corneliani)
June 22nd, 2016 - 07:30 GMT

Bahrain's Investcorp acquires majority stake in Italian luxury menswear brand Corneliani

Gulf Bank
June 22nd, 2016 - 05:29 GMT

Gulf Bank wins ‘Best Commercial Bank of the Year’ and ‘Best Innovation in Retail Banking’ in Kuwait from International Banker

The AfDB is set to loan Egypt a total of $1.5 billion over the course of three years.   (F. Dubessy)
June 21st, 2016 - 08:00 GMT

Egypt appeals to African Development Bank to release $500M loan

PwC
June 21st, 2016 - 06:08 GMT

PwC: GCC companies should take action now to prepare for VAT and Excise Tax

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