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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 sale of Saudi Aramco is planned as soon as 2017 or 2018 and would in theory be five times larger than any initial public offering (IPO) in history. (File photo)
May 10th, 2016 - 09:00 GMT

Saudi Aramco plans listing in London, Hong Kong, and New York

Fahad Al Menayes, Group Chief Information Technology Officer at Burgan Bank
May 10th, 2016 - 08:44 GMT

Burgan Bank ‘first in Kuwait’ to receive ISO 20000 Certification

Reductions by local lenders have totalled a combined 1,500 staff in 2016 and 2015, according to some estimates.  (Tectronicsme)
May 10th, 2016 - 07:21 GMT

Negative outlook for UAE banking as cost-cutting drive expected to continue

FGB wins three prestigious awards for role in major transactions
May 9th, 2016 - 08:42 GMT

FGB wins three prestigious awards for role in major transactions

During the event
May 9th, 2016 - 07:47 GMT

Gulf Bank wins ‘Special CSR Award’ from Arabian Business Magazine

During the event
May 9th, 2016 - 07:22 GMT

Jordan Ahli Bank sponsors Mahabba Committee’s annual Easter ceremony

Banque Misr is one of the top five banks in terms of assets’ size. (File photo)
May 8th, 2016 - 12:00 GMT

Egypt: Majority of banking assets held by five banks

Bank Nizwa - Paris Dauphine University
May 8th, 2016 - 11:05 GMT

Bank Nizwa highlights journey of Islamic Finance in Oman to students from Paris Dauphine University

During the event
May 8th, 2016 - 06:51 GMT

Jordan Ahli Bank sponsors the Second Global Economic Conference

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
May 8th, 2016 - 05:15 GMT

Burgan Bank Group announces 2016 First Quarter Earnings

Prior to the 2011 uprising foreign reserves were almost $36 billion. (File photo)
May 5th, 2016 - 11:38 GMT

Egypt's foreign reserves reach $17B

Motiongate Dubai will open in October 2016 and include five zones including Sony Pictures studios and Dreamworks Animation.  (Twitter)
May 5th, 2016 - 07:00 GMT

Dubai Parks and Resorts begins trading shares on Dubai Financial Market

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