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Banking and Finance

Banking and Finance latest

Markaz: Kuwait’s economic landscape demonstrated positive momentum, headlined by S&P upgrading the sovereign credit rating to AA-
December 3rd, 2025 - 06:33 GMT

Markaz: Kuwait’s economic landscape demonstrated positive momentum, headlined by S&P upgrading the sovereign credit rating to AA-

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for November 2025. Kuwait’s main equity index declined in November 2025 amid negative global sentiment and profit booking from investors. However, the decline was lower than most other GCC markets. Kuwait All Share Index declined by 1.9% in November, led by stocks in the Technology (-19.0%), Utilities (-7.7%), and Oil & Gas (-5.6%) sectors. Kuwait’s banking sector index declined by 2.1% for the month. Among banking stocks, index heavyweight National Bank of Kuwait declined by 4.5% for the month. Commercial ...
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Mashreq signs MoU with DIFC to accelerate growth, innovation, and family wealth excellence
November 14th, 2025 - 05:10 GMT

Mashreq signs MoU with DIFC to accelerate growth, innovation, and family wealth excellence

eToro launches stock lending in the UAE, enabling users to earn passive income
November 14th, 2025 - 04:43 GMT

eToro launches stock lending in the UAE, enabling users to earn passive income

GIB Reports 11% Increase in Net Income Attributable to Shareholders of the Bank
November 14th, 2025 - 04:18 GMT

GIB Reports 11% Increase in Net Income Attributable to Shareholders of the Bank

Abu Dhabi Islamic Bank and UAE Ministry of Finance Launch First AED-Denominated Sovereign Sukuk for Individual Investors via ADIB Smart Sukuk Platform
November 14th, 2025 - 04:12 GMT

Abu Dhabi Islamic Bank and UAE Ministry of Finance Launch First AED-Denominated Sovereign Sukuk for Individual Investors via ADIB Smart Sukuk Platform

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions
November 14th, 2025 - 03:55 GMT

International Islamic Trade Finance Corporation (ITFC) Strengthens Comoros’ Energy Security and Food Resilience with Innovative Trade Finance Solutions

Ajman Bank and BHM Capital Sign Partnership Agreement to Launch an Equity Financing Program
November 13th, 2025 - 04:31 GMT

Ajman Bank and BHM Capital Sign Partnership Agreement to Launch an Equity Financing Program

Visa Unveils 2025 Creator Report; Introduces Creator Agent Pilot with Karat
November 13th, 2025 - 04:12 GMT

Visa Unveils 2025 Creator Report; Introduces Creator Agent Pilot with Karat

Aramco’s $28B Q3 Profit Highlights Strength Amid Volatile Oil Market
November 13th, 2025 - 04:05 GMT

Aramco’s $28B Q3 Profit Highlights Strength Amid Volatile Oil Market

ADIB Engages the UAE’s Deaf Community Through a First-of-its-Kind Financial Awareness Initiative
November 13th, 2025 - 03:55 GMT

ADIB Engages the UAE’s Deaf Community Through a First-of-its-Kind Financial Awareness Initiative

90% of UAE businesses plan to increase investment in Saudi Arabia as strategic corridor unlocks growth avenues: HSBC Report
November 13th, 2025 - 03:40 GMT

90% of UAE businesses plan to increase investment in Saudi Arabia as strategic corridor unlocks growth avenues: HSBC Report

KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company
November 13th, 2025 - 03:05 GMT

KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million
November 13th, 2025 - 03:02 GMT

Bank ABC Islamic announces nine months 2025 net profit of US$39.4 million

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