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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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UAE's banking sector has recovered from the 2009 credit crunch.
November 14th, 2013 - 06:29 GMT

The two factors that will continue to drive the profitability of UAE's banks

Al Bawaba
November 13th, 2013 - 09:24 GMT

NBAD named Asset Manager of the Year

Nexus has recently expanded its operations in Bahrain and Kuwait (Courtesy of Jobs4Bahrainis)
November 13th, 2013 - 06:37 GMT

"Business is booming" for GCC's largest independent insurance broker

The proposed Islamic corporate governance center represents one of the first times that Dubai has attempted to standardize Islamic guidelines for corporate behavior beyond bank and insurance institutions (Courtesy of Emirates 247)
November 12th, 2013 - 01:28 GMT

Dubai slated to open first Islamic corporate governance center

Al Bawaba
November 12th, 2013 - 09:34 GMT

National Bank of Fujairah extends further support to seafarers through Angel Appeal

Driven by demand for infrastructure and investment financing, Qatar’s Islamic banks are expected to grow to $100bn by 2017, a report has shown.
November 11th, 2013 - 11:44 GMT

We're talking trillions here: Balance sheets of the Gulf's Islamic Banks about to reach enormous levels

Al Bawaba
November 11th, 2013 - 08:00 GMT

Emirates NBD recognised for Best Social Media Strategy at The Marketing Show Awards

Lack of investing options are holding back the growth of Islamic pension funds. (Image credit: Shutterstock)
November 11th, 2013 - 06:04 GMT

The pent up $190 billion opportunity in Islamic retirement funds

During the event
November 11th, 2013 - 05:30 GMT

NCB Capital named Middle East Wealth Manager of the year

Earlier this year, KIA said that it has more than doubled its investments in the UK over the last 10 years.
November 11th, 2013 - 04:55 GMT

Anything for those Sovereign Wealth Funds: the UK's heavy flirting with Kuwait for investments

At the start of November, the bank returned a $500m deposit to Qatar after Qatar refused to renew it upon its maturity, Reuters reported last Wednesday.
November 10th, 2013 - 08:44 GMT

Egypt's Foreign Reserves Drop and Qatar might have something to do with it

Al Bawaba
November 10th, 2013 - 08:19 GMT

Mashreq honored by coveted ACN Arab Technology Award

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