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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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This exceptional auction will help in depreciating the value of US dollar against the Egyptian pound, Fahmy added.
January 27th, 2014 - 04:42 GMT

Desperate times, desperate measures: Egypt's Central Bank holds exceptional $1.5billion auction to support banks

Al Bawaba
January 27th, 2014 - 12:07 GMT

Doha Bank receives ISO20000-2011 certification

Al Bawaba
January 27th, 2014 - 11:18 GMT

NBAD & ETIHAD team up to enhance loyalty programme

Saudi economists said the Kingdom’s strong position would help attract more foreign investors.
January 26th, 2014 - 06:56 GMT

Saudi Arabia might not be women friendly, but it sure is investment friendly

Al Bawaba
January 26th, 2014 - 09:54 GMT

NBAD appoints Managing Director for Global Markets Sales

Al Bawaba
January 26th, 2014 - 06:40 GMT

Emirates Islamic to boost Emiratisation with launch of career development programmes for Emiratis

The fall in the lira seemed to worry investors, who pushed the main stock index Borsa İstanbul (BIST) down 1.8 percent.
January 26th, 2014 - 03:55 GMT

And it's getting worse: Turkish lira hits new low

Al Bawaba
January 26th, 2014 - 03:55 GMT

Jordan's Arab Bank celebrates 43% net profit hike

The Dubai Financial Market index, the best performer among 90 benchmarks tracked globally, jumped 3.57 per cent, or 131.7 points.
January 24th, 2014 - 08:49 GMT

What crisis? Dubai markets at new hit five year high!

Al Bawaba
January 23rd, 2014 - 11:36 GMT

Emirates NBD sponsors Umm Al Quwain Crown Prince Football Tournament 2014

Lebanese authorities say that Syrian refugees have been a huge economic burden in their country (File Archive/AFP)
January 23rd, 2014 - 11:07 GMT

To relieve economic burden of refugee crisis, U.N. is buying Lebanese

The dangers of the growing lack of clear global political leadership at time when global governance is drifting will be a major theme at this year’s Annual Meeting of the World Economic Forum in Davos.
January 22nd, 2014 - 12:07 GMT

Davos' World Economic Forum gathering to focus on global governance

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