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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
February 10th, 2014 - 01:00 GMT

Jordan's slippery slope or full-out cliff: Is there any hope for solving the Kingom's financial woes?

Islamic finance in 2014, is set to experience another increased momentum
February 9th, 2014 - 10:42 GMT

Islamic finance assets to reach $2.1tr by end-2014

Al Bawaba
February 9th, 2014 - 09:02 GMT

NBAD launches ‘Paper Tree’ initiative

Al Bawaba
February 9th, 2014 - 07:55 GMT

Mashreq wins big at MENA Fund Manager Awards 2014

Al Bawaba
February 9th, 2014 - 06:19 GMT

Jordan Ahli Bank gives away 2013 Kia Cerato to lucky student Raneen Drakejian

This marks the first rise in foreign reserves since last August.
February 9th, 2014 - 03:55 GMT

Who needs Qatar now? Egypt's reserves up for first time in six months

Nevertheless, the report said Turkey’s low and largely lira-denominated debt provided it with significant buffers against economic turbulence.
February 9th, 2014 - 03:55 GMT

Turkey's downgrade by S&P to 'negative' signals real trouble

Al Bawaba
February 6th, 2014 - 10:30 GMT

Mashreq launches latest version of the ‘Mashreq Flavors’ application

The scheme, launched this week, is open to all ADIB customers and comes at no extra charge.
February 6th, 2014 - 03:55 GMT

Yes, this is real! Abu Dhabi bank to offer free job loss cover

Al Bawaba
February 6th, 2014 - 03:55 GMT

Middle East proves itself a fertile ground for China's business ambitions

On narrow-body planes, both the Airbus A320neo and the Boeing 737 MAX are being considered, he said.
February 6th, 2014 - 03:55 GMT

With more privatization to come, Saudi Arabian airlines announces two IPO's

Al Bawaba
February 5th, 2014 - 01:00 GMT

Is Sukuk the Future of Global Finance?

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