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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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The Hezbollah International Financing Prevention Act is a bill introduced in 2014 that sought to impose on institutions that facilitate transactions on behalf of Hezbollah or its agents. (File photo)
May 29th, 2016 - 05:00 GMT

Hezbollah in 'worst financial shape for decades': US

Sharjah Islamic Bank
May 29th, 2016 - 04:47 GMT

Sharjah Islamic Bank repays USD400 million Sukuk

A foreign ministry spokesman said the Swiss government had blocked about $650 million in the case of Egypt, and $61 million in the case of Tunisia. (Twitter)
May 26th, 2016 - 12:26 GMT

New Swiss banking law to help repatriate $650M of looted assets to Egypt

Movie ticket
May 26th, 2016 - 10:58 GMT

Gulf Bank’s red account holders enjoy exclusive discounted movie tickets at Cinescape Cinemas

Tablet Banking App
May 26th, 2016 - 07:52 GMT

RAKBANK extends digital banking solutions to Sales Agents

Mr. Hisham Alrayes, GFH Group CEO
May 26th, 2016 - 05:29 GMT

GFH participates at the Dubai Financial Market

Earlier this week, Reuters reported that the bank had cut 15 per cent of its workforce of 70 employees. (File photo)
May 26th, 2016 - 04:00 GMT

Dubai's Shuaa Capital downplays reports of layoffs

Al Bawaba
May 25th, 2016 - 11:00 GMT

Gulf banks' liquidity shortage worse than during financial crisis: Doha Bank CEO

SoftBank Robotics’ humanoid robot Pepper
May 25th, 2016 - 08:14 GMT

MasterCard powers first commerce application within SoftBank Robotics’ humanoid robot “Pepper”

The vote drew fire from BDS activists on Jordanian social media networks. (File photo)
May 25th, 2016 - 03:58 GMT

Jordan's parliament votes to allow Israel to buy into Jordanian investment Fund

Noor Bank
May 24th, 2016 - 10:21 GMT

Noor Bank gains industry recognition from Global Finance and Euromoney magazines

John Iossifidis, Head of Corporate & Investment Banking Group, Mashreq
May 24th, 2016 - 09:38 GMT

Mashreq celebrates the region’s construction leaders and best projects

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