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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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Subroto Som, Head of Retail and Anindo Bhattacharya, Head of Direct Business
June 20th, 2016 - 08:59 GMT

Mashreq sets the precedent for everyday banking in the region

A potential combination of NBAD-FGB is expected to create the second largest bank in the Middle East after Qatar National Bank. (File photo)
June 20th, 2016 - 05:00 GMT

UAE: Proposed NBAD-FGB merger would create regional banking giant

Bank Nizwa
June 19th, 2016 - 10:22 GMT

Bank Nizwa provides multi channels for Zakat and Sadaqah payments during the holy month of Ramadan

Maachla distribution campaign
June 19th, 2016 - 05:40 GMT

Gulf Bank partners with Saveco and LOYAC to distribute foodstuff boxes to families in need

During the event
June 19th, 2016 - 04:20 GMT

Doha Bank hosts Suhoor for customers and partners

Last April, Saudi Arabia and the United States had added a number of organizations on their lists of terrorist groups. (File photo)
June 16th, 2016 - 12:30 GMT

Saudi Arabia tightens bank transfer procedures to Lebanon to prevent Hezbollah funding

Muscat Finance has achieved a net profit of OMR1.21 million for the first quarter of 2016, against OMR1.26 million for the same period of last year. (File photo)
June 16th, 2016 - 10:30 GMT

Muscat Finance plans $13M bond issue

During the event
June 16th, 2016 - 07:28 GMT

Ferrari: FGB wins ‘Best Premium Credit Card’ award for second consecutive year

Ramadan video
June 15th, 2016 - 05:16 GMT

Gulf Bank launches Ramadan video

People walk past the sign of the BLOM Bank in Beirut, a day after a bomb blast hit its headquarters in Verdun. (AFP/Patrick Baz)
June 14th, 2016 - 10:00 GMT

Beirut bombing tests the mettle of Lebanon's banking sector

FGB representatives receiving the award
June 14th, 2016 - 07:49 GMT

Ferrari: FGB wins ‘Best Premium Credit Card’ award for second consecutive year

EFG Hermes sold 2,700,000 of its shares to CIH Bahrain International Holding, a Lebanon-registered company controlled by the heirs of late Saudi billionaire Khaled bin Mahfouz. (File photo)
June 13th, 2016 - 10:00 GMT

Egypt's EFG Hermes’ shareholders to receive $121.6M from sale of Credit Libanais

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