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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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During the event
December 23rd, 2013 - 08:06 GMT

Doha Bank welcomes over 1000 registrants to Al Dana Green Run 2013

Bader Alamoudi has been named chief executive of JP Morgan’s Saudi Arabian business, the statement said.
December 23rd, 2013 - 03:55 GMT

JP Morgan Saudi Arabia promotes two new top bankers


"We encourage citizens to take part in this investment and also to await other opportunities in the pipeline," he said.
December 23rd, 2013 - 03:55 GMT

Qatar to place $13.7 billion worth of public offerings on the table over the next 10 years

I believe Japan will be the best performing developed market in 2014, as it was in 2013.
December 22nd, 2013 - 05:44 GMT

Where should you be putting your money in 2014?

First Gulf Bank
December 22nd, 2013 - 08:32 GMT

First Gulf Bank launches iSave Online Account

Al Bawaba
December 22nd, 2013 - 08:14 GMT

United Arab Bank signs US$250 million syndicated loan agreement

During the event
December 22nd, 2013 - 07:57 GMT

Emirates Islamic announces lucky winners of Kunooz prize draw

Jordan Ahli Bank Haretna Festival
December 22nd, 2013 - 07:17 GMT

Jordan Ahli Bank sponsors Haretna Festival

Al Bawaba
December 22nd, 2013 - 07:02 GMT

Al Ansari Exchange donates AED 1 million to “Our Hearts with the People of Syria” campaign

The sheer volume of consumer loans is a real cause for concern because it indicates the absence of logic on the part of borrowers.
December 22nd, 2013 - 03:55 GMT

Saudi Arabia's consumer loans hit 'worrying' levels

Fitch ranked Saudi Arabia, UAE and Kuwait as the most stable banking environments in the GCC (Courtesy of The Telegraph)
December 19th, 2013 - 12:05 GMT

Fitch on GCC banks: bright outlook for 2014

Kuwait's crude oil sales could generate a budget surplus for the Gulf country estimated at $42.4 billion (File Archive/Shutterstock)
December 19th, 2013 - 10:57 GMT

Need an extra $42.4 billion? For this Gulf country, this surplus is a real possibility in 2014

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