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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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Emirates Islamic Child Savings Account
December 8th, 2013 - 08:23 GMT

Emirates Islamic launches Child Savings Account

ADCB executed a turnaround with a multi-pronged strategy. (Image credit: Arabianbusiness.com)
December 8th, 2013 - 07:41 GMT

How a Middle Eastern bank fought off the global financial crisis and turned around

During the celebration
December 8th, 2013 - 04:45 GMT

Dubai Islamic Bank celebrates UAE National Day

Abu Dhabi will host a SME Congress and Expo from Dec. 16-18 at Abu Dhabi National Exhibition Centre (Courtesy of SME Advisor)
December 5th, 2013 - 01:24 GMT

The GCC's small businesses need to prepare themselves for bankcruptcy

Qatar foreign workers are more frequently using unofficial, off-the-record methods to send money home according to a World Bank report (File Archive)
December 5th, 2013 - 12:02 GMT

Remittance retract in Qatar, or is it? Government says $200 million gap in homeward bound funds

Abdullah Al Shahi receiving the award
December 5th, 2013 - 07:22 GMT

ADIB named “Best Islamic Bank in the Middle East” by The Banker Magazine

The World Bank’s anti-poverty programmes are not well-structured for countries beset by conflict, and do too little for women suffering from violence, according to internal study released Monday.
December 4th, 2013 - 01:09 GMT

Why the World Bank is ill-prepared when it comes to dealing with the Middle East

Qatar, Indonesia, Saudi Arabia, Malaysia UAE and Turkey represent 78 percent of the international Islamic banking assets with commercial banks (File Archive)
December 4th, 2013 - 11:59 GMT

Islamic banking booming globally, assets to reach $1.72 trillion by end of year

Neil Carter, Sales Director, Global Financial Institutions, Jupiter Asset Management, David Marshall, Senior Executive Officer, Emirates NBD Asset Management, Kevin Scott, Executive Director International at Jupiter Asset Management, and Steve Corrin, Head of Wholesale Retail Channels, Emirates NBD Asset Management
December 4th, 2013 - 10:13 GMT

Emirates NBD Asset Management and Jupiter Asset Management announce strategic international partnership

Al Bawaba
December 4th, 2013 - 10:05 GMT

Mashreq’s ‘Nothing is Impossible’ social media campaign goes viral

GCC ministers met late last month in Kuwait and are scheduled to return to Kuwait City December 10 to hold their annual 2-day summit (Yasser Al Zayyat/AFP)
December 3rd, 2013 - 01:37 GMT

Gulf Monetary Council: No GCC "Euro" anytime soon, media reports falsified

Fatwa Shari'a Supervisory Borad meeting at alizza islamic bank
December 3rd, 2013 - 11:24 GMT

Alizz Islamic Bank reviews corporate operations with fatwa & sahri'a supervisory board members

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