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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
September 17th, 2013 - 09:13 GMT

National Bank of Fujairah launches Hong Kong subsidiary to enhance trade between the Middle East and Asia

State debt is now around 140 percent of GDP, a figure which had fallen in the years of fast growth but which could increase again.
September 17th, 2013 - 08:18 GMT

Lebanon's central bank trying hard to pump growth

FGB's fire and evacuation training for employees and customers in collaboration with Dubai Civil Defens
September 17th, 2013 - 04:23 GMT

FGB carries out a successful fire and evacuation training for employees and customers in collaboration with Dubai Civil Defense

Abu Dhabi Commercial Bank
September 16th, 2013 - 12:20 GMT

Abu Dhabi Commercial Bank PJSC selects Deutsche Bank’s Autobahn App Market

The winner
September 16th, 2013 - 09:53 GMT

Jordan Ahli Bank gives away 2013 Kia Cerato to the lucky Student Hussein Abu Saleem

Sunday’s surge came amid report that investment by Gulf states in the UAE stock market surged almost 40 per cent in 2012 to $2 billion in shares.
September 16th, 2013 - 09:07 GMT

GCC stocks rallying thanks to Syria deal!

“Despite ongoing economic and geopolitical uncertainties, the world’s ultra wealthy population reached an all-time high of 199,235 individuals with a combined fortune of nearly $28 trillion in 2013."
September 16th, 2013 - 07:51 GMT

Which Gulf country has the most billionaires? Take a wild guess

Anil Kapur, Baha Kamal & Prrasad Katta
September 16th, 2013 - 07:44 GMT

Western Union Business Solutions and Kamal Exchange celebrate successful first year of operations in Jordan

Dubai Islamic Bank
September 16th, 2013 - 06:13 GMT

Dubai Islamic Bank chooses Deutsche Bank for euro clearing and European trade finance

Al Bawaba
September 16th, 2013 - 04:42 GMT

NCB Capital believes KSA banking sector offers compelling investment opportunity

The relative size of Lebanese banks to the national economy (assets are over 3.5 times GDP) and their history have made them the epicenter of the Lebanese economy and its pillar of stability.
September 15th, 2013 - 01:16 GMT

The unholy trinity facing Lebanese banks

“Wall Street continues to focus on increasing its market share and expanding its presence across the UAE, said Sultan bin Kharsham.
September 15th, 2013 - 08:49 GMT

More Wall Street to come to Jumeirah

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