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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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Mohammad Ali Saadawi as winner of its fourth Goushan Al Omor Greenland villa
January 12th, 2014 - 08:31 GMT

Jordan Ahli Bank announces Mohammad Ali Saadawi as winner of the Goushan Al Omor Raffle Draw grand prize

During the event
January 9th, 2014 - 12:16 GMT

Doha Bank and Ooredoo sign pioneering technology agreement

Dubai Islamic Bank's establishment in the 1970s placed the Emirate at the forefront of the Islamic banking field (Courtesy of Emirates 24/7)
January 9th, 2014 - 12:00 GMT

Why Dubai is not the "Capital of the Islamic Economy"...yet

Al Bawaba
January 9th, 2014 - 09:05 GMT

NBAD wins best Sukuk Fund Award

The new regulations will go into effect this one. (Image credit: Shutterstock)
January 9th, 2014 - 07:26 GMT

Want to send money out of Egypt? Now you can!

The banks informed PGGM that Israeli law forbade them from not providing services in the West Bank settlements.
January 9th, 2014 - 03:55 GMT

Dutch pension fund disinvests millions from Israeli banks, and for the right reasons

Recent measures have been taken in the wake of a collapse of an exchange firm (Image credit: emirates247.com)
January 8th, 2014 - 10:37 GMT

With new rules for money exchanges, it's become a lot safer to send your money home from the UAE

Prince Alwaleed bin Talal was ranked number one in Arabian Business Magazine’s World’s 500 Most Influential Arab list of 2013 (File Archive)
January 8th, 2014 - 10:15 GMT

Why Prince Alwaleed bin Talal is still topping business charts as "Most Influential Arab" in 2013

Abu Dhabi Islamic Bank
January 8th, 2014 - 09:00 GMT

ADIB launches capital-protected car manufacturers note

The total sukuk issuances for 2013 were $120 billion. (Image credit: Shutterstock)
January 8th, 2014 - 07:21 GMT

Report: 2013 was a record year for Sukuk issuances

Turkey's central bank, statutorily independent, is trying to prop up the lira by selling dollars from its reserves.
January 7th, 2014 - 05:44 GMT

The corruption saga continues: Turkish lira hits record low

Brown spearheaded a letter signed by more than one-third of Democratic senators urging President Obama to nominate Yellen to lead the Federal Reserve System.
January 7th, 2014 - 05:23 GMT

For the first time ever, a woman is about to lead the US Fed

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