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Banking and Finance

Banking and Finance latest

Markaz: Kuwait’s equity markets continue to advance amid favorable economic developments
November 4th, 2025 - 02:13 GMT

Markaz: Kuwait’s equity markets continue to advance amid favorable economic developments

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for October 2025. Kuwait equity market was positive in October 2025 amid favorable economic developments and an optimistic outlook on capital spending. Kuwait All Share Index continues to be the top-performing GCC market on YTD basis with a gain of 22.7%, supported by a 2.7% rise in October. Among sectors, oil and gas, and financial services were the top gainers, rising by 11.0% and 10.8% respectively. The banking sector index gained by 0.7% for the month. Among banking stocks, Commercial ...
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Raed Jawad Bukhamseen, KIB Vice Chairman and CEO
May 5th, 2024 - 07:03 GMT

KIB Group announces net profit of KD 6 million (74% increase) for Q1 of 2024

Turkish inflation hits 70%, expected to peak in May before counter-policies work
May 3rd, 2024 - 03:59 GMT

Turkish inflation hits 70%, expected to peak in May before counter-policies work

Burgan Bank Concludes Its Sponsorship of “Macintosh” by Free Jabriya
May 3rd, 2024 - 10:41 GMT

Burgan Bank Concludes Its Sponsorship of “Macintosh” by Free Jabriya

CBI Profit Increases by 19% to AED 40.4 Million
May 3rd, 2024 - 09:06 GMT

CBI Profit Increases by 19% to AED 40.4 Million

TECOM GROUP Q1 2024 NET PROFIT INCREASES 15% TO EXCEED AED 290 MILLION WITH OCCUPANCY LEVELS REACHING HISTORIC HIGHS
May 3rd, 2024 - 08:13 GMT

TECOM GROUP Q1 2024 NET PROFIT INCREASES 15% TO EXCEED AED 290 MILLION WITH OCCUPANCY LEVELS REACHING HISTORIC HIGHS

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE
May 2nd, 2024 - 11:32 GMT

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE

Emirates NBD organises community awareness event focusing on safe banking practices for labourers
May 2nd, 2024 - 11:17 GMT

Emirates NBD organises community awareness event focusing on safe banking practices for labourers

Bank of Sharjah makes strong rebound in Q1 2024 with a net profit of AED 80 million
May 2nd, 2024 - 07:00 GMT

Bank of Sharjah makes strong rebound in Q1 2024 with a net profit of AED 80 million

Mohamed Al Hussaini Meets World Bank Vice President for the Middle East and North Africa Region
May 2nd, 2024 - 06:47 GMT

Mohamed Al Hussaini Meets World Bank Vice President for the Middle East and North Africa Region

“Bitcoin Jesus” arrested in Spain, charged for defrauding the US of $48 million in taxes
May 1st, 2024 - 07:47 GMT

“Bitcoin Jesus” arrested in Spain, charged for defrauding the US of $48 million in taxes

From left to right: H.E. Mohamed Al Awadhi, Director General of SCCI; H.E. Najla Ahmed Al Midfa, CEO of Sharjah Entrepreneurship Center (Sheraa); and H.E. Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank during a group signing of the new strategic partnership to launch the CoE for Advanced Manufacturing and CPG.
May 1st, 2024 - 11:54 GMT

EDB, Sheraa and SCCI unveil first-of-its-kind Center of Excellence accelerating UAE’s advanced manufacturing and CPG capabilities

Get Involved: Speak, Sponsor, Attend, or Showcase Your Brand at the Forbes Middle East Wellness Summit 2024
May 1st, 2024 - 09:47 GMT

Get Involved: Speak, Sponsor, Attend, or Showcase Your Brand at the Forbes Middle East Wellness Summit 2024

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