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Banking and Finance

Banking and Finance latest

Markaz records Total Revenue for 9M 2025 of KD 22.67 million
November 6th, 2025 - 04:48 GMT

Markaz records Total Revenue for 9M 2025 of KD 22.67 million

Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK) reported its financial results for 9M 2025 with Total Revenue of KD 22.67 million, as compared to Total Revenue of KD 14.92 million in 9M 2024. The Net Profit attributable to shareholders of Markaz was KD 9.58 million for 9M 2025, compared to KD 3.35 million in the same period last year, and earnings per share was 20 Fils for 9M-2025. Mr. Ali H. Khalil, Markaz’s CEO, stated: “Recent legislative and regulatory developments in Kuwait represent a significant step ...
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It was last in the market in July last year, with a $1.5 billion 10-year bond which yielded 6.143pc.
June 11th, 2013 - 10:31 GMT

Bahrain picks banks for bond issue

DIB signs Direct Debit agreement with emaratech
June 11th, 2013 - 10:05 GMT

DIB signs Direct Debit agreement with emaratech

Omar K. Alghanim, Gulf Bank’s Chairman
June 11th, 2013 - 06:57 GMT

Fitch upgrades Gulf Bank's viability rating to 'bb-’ & affirms IDR at 'A+'

The interest generated by the bid demonstrates the confidence that the local financial institutions place in supporting the local industrial sector
June 10th, 2013 - 11:31 GMT

Qatar Petrochemical Co. $270 expansion funded by bank

Gulf Bank will jointly work with Korea Eximbank to provide financial solutions to Korean companies in Kuwait
June 10th, 2013 - 10:38 GMT

Bankers sign deal to finance Kuwaiti projects

In April, the United Kingdom’s second-biggest bank by assets, Barclays, announced its plan to increase its presence in Egypt by boosting the number of its branches by 10%.
June 10th, 2013 - 10:36 GMT

Egypt attracts international, Gulf banks

The Gulf Arab region is home to some of the world's largest sovereign wealth funds and family investment offices
June 10th, 2013 - 09:45 GMT

Middle East investors eye private equity, hedge funds -- expert

Nimish Dwivedi, Head of Payments at Mashreq
June 10th, 2013 - 09:40 GMT

Mashreq creates more Surprises for its cardholders during Dubai Summer Surprises

Al Bawaba
June 10th, 2013 - 06:46 GMT

Jordan Ahli Bank sponsors Jordan’s First Children’s Creative Arts Festival

Qatar Central Bank to issue 4 billion riyals of debt
June 9th, 2013 - 01:36 GMT

Qatar Central Bank to issue $1.2bln worth of debt

Al Bawaba
June 9th, 2013 - 10:55 GMT

UAE Exchange voted UAE 'Superbrand', for the fifth consecutive year

Al Bawaba
June 5th, 2013 - 12:20 GMT

Western Union more than doubles agent locations in Egypt; signs money transfer agreement with AlexBank

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