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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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Doing just enough to prevent the eurozone from collapsing is not the same as setting the stage for sustainable growth.
September 15th, 2013 - 07:05 GMT

Is the EU about to spare us some contagion?

As the economy has improved and various sectors such as retail, tourism and real estate have shown significant improvements, banks in the UAE, including Mashreq, have experienced 20 per cent growth in the first six months."
September 12th, 2013 - 11:20 GMT

UAE banks' growth figures on phenomenal upswing

Finance Minister Ummaya Toukan added that loopholes in the auditing and monitoring system can lead to financial crises as it was the case in 2008, when countries witnessed a global financial crisis.
September 12th, 2013 - 09:02 GMT

Can more stringent auditing be the solution to corruption in Jordan?

Art by Thajba Najeeb
September 12th, 2013 - 08:15 GMT

Thajba Najeeb’s ‘life in progress’ exhibition premieres at Capital Club 18th September through 18th October

Islamic finance has already made its presence felt in the UK.
September 12th, 2013 - 05:23 GMT

UAE, UK bonding over Islamic bonds

Free Styler wows the visitors by performing soccer tricks at the UAB stand organised for the bank's alliance with FC Barcelona
September 12th, 2013 - 04:50 GMT

United Arab Bank continues to engage FC Barca fans at Mirdif City Centre

Systematic and smart investing not only ensures your money works for you but also keeps you solvent during hard times.
September 11th, 2013 - 01:17 GMT

The secrets to remaining afloat during bad financial times

Qatar sent Egypt $3 billion in May of which it converted $1 billion into three-year bonds
September 11th, 2013 - 12:03 GMT

Benevolent Qatar to convert $2 billion Egyptian loan into bonds

Jadawel used the projected income to secure a $900 million syndicated loan from Barclays and other lenders in 2001.
September 11th, 2013 - 12:02 GMT

Good luck with that: Saudi Businessman sues Barclays for $10 billion

The winners
September 11th, 2013 - 05:04 GMT

Doha Bank hosts Quiz competition for its staff members

The bank will cut nearly 80 jobs at its bancassurance division and about 120 jobs at its credit card business, Reuters quoted one banking source familiar with the plan as saying.
September 10th, 2013 - 01:17 GMT

First Gulf Bank to fire hundreds of employees

Al Bawaba
September 10th, 2013 - 11:45 GMT

Emirates NBD social media activities create positive buzz on customers

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