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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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Al Bawaba
March 3rd, 2014 - 09:34 GMT

Emirates Islamic offers better rates for customers transferring financial liabilities

Al Bawaba
March 3rd, 2014 - 09:29 GMT

Alpen Capital predicts strong growth for the GCC Aviation sector

Al Bawaba
March 3rd, 2014 - 09:00 GMT

This bank is joining the sukuk club by September

Since the financial crisis, capital and liquidity support from GCC and Levant regulators has helped keep the banking sector relatively strong
March 3rd, 2014 - 08:55 GMT

GCC banks could face capital and liquidity shortfall

Al Bawaba
March 3rd, 2014 - 05:42 GMT

Dubai Islamic Bank to distribute 25% cash dividend for 2013

During 2009-2011, capital flows were intensively targeting emerging markets, with the advanced economies reducing their interest rates to unprecedentedly low levels and with the quantitative easing experiment gaining wider support from central bankers.
March 2nd, 2014 - 09:49 GMT

It's time for an interest rate war in emerging markets, and here's why Middle Eastern economies should take part

Saudi Arabian billionaire prince Al Waleed Ibn Talal is expected to announce a donation for the Jerusalem Fund during his visit to Ramallah Tuesday (File Archive)
March 2nd, 2014 - 11:46 GMT

Saudi encounters: Gulf billionaire to meet with business leaders in rare Palestine visit Tuesday

Al Bawaba
March 2nd, 2014 - 07:15 GMT

ADIB - Egypt named “Best Islamic Bank in Egypt" and won “Best Mudarbah Deal of the year 2013”

The North African country’s economy relies heavily on European tourism and is still recovering from the aftermath of its political upheaval three years ago.
March 2nd, 2014 - 03:55 GMT

New constitution, new loan: Tunisia receives $1.2 billion loan from World Bank

The most common type of economic crime reported in the Middle East was asset misappropriation.
March 2nd, 2014 - 03:55 GMT

Rejoice! More than one third of Middle East firms are corrupt!

The majority of MENA countries impose foreign ownership restrictions which typically cap foreign ownership at 49 per cent in various sectors (although there are notable exceptions, such as free zones).
March 2nd, 2014 - 03:55 GMT

Ready for a challenge? A survivor's guide to private equity in the MENA region

Increasing number of car bombs have destroyed Lebanon's tourism sector (File Archive/AFP)
February 27th, 2014 - 08:34 GMT

Why Lebanon’s Economic Minister is telling Beirut to spend more?!

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