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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
January 21st, 2014 - 09:38 GMT

Emirates NBD offers football fans opportunities to win tickets to 2014 FIFA World Cup

Al Bawaba
January 21st, 2014 - 09:34 GMT

Doha Bank recommends the distribution of 45 per cent of the paid-up capital as a cash dividend to the shareholders for the year 2013

Al Bawaba
January 21st, 2014 - 05:58 GMT

alizz islamic bank announces prelimenary 2013 financial results

The continued political instability makes real economic reform nigh impossible, and in turn the lack of real economic reform will continue to destabilise the political situation
January 21st, 2014 - 03:55 GMT

With the new constitution passed, should you now be investing in Egypt?

The banks say that at foreign institutional investors, especially in Europe, investment committees decide on investments, and that human rights is one of the considerations about an investment in a particular share
January 20th, 2014 - 10:38 GMT

The impending avalanche? More European funds mull boycotting Israel

Egypt has been the biggest beneficiary of the Gulf States’ generosity.
January 19th, 2014 - 10:34 GMT

Recap: How are the Gulf's investments doing in North Africa's Arab Spring economies?

Al Bawaba
January 19th, 2014 - 08:38 GMT

Inspirational running duo Henry Wanyoike and Joseph Kibunja back at the Standard Chartered Dubai Marathon 2014

The 50 percent increase is supposed to in part target elderly pensioners who comprise a significant percentage of the nearly 1.4 million poor families eligible for the new benefits (Courtesy of the Los Angeles Times)
January 19th, 2014 - 08:08 GMT

1.4 million poor pensioners in this Middle East country have something to smile about with new 50 percent increase policy

During the event
January 19th, 2014 - 07:29 GMT

Emirates Islamic wins double recognition at ICT Achievement Awards 2013

Bibi made 16 cuts one after another in the education budget, while calling the education system a 'cow that does not give milk';
January 16th, 2014 - 08:48 GMT

Going stingy on his country: Netanyahu hiding an offshore account for tax evasion purposes

The research team at Lebanon's Byblos Bank reported that many foreign-owned banks feel they can no longer compete with local lenders in the country (Courtesy of the Daily Star)
January 16th, 2014 - 10:10 GMT

Is Lebanon's banking sector shrinking?

Al Bawaba
January 16th, 2014 - 07:53 GMT

Standard Chartered participates in first UAE – UK Pioneers Forum

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