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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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Many families were driven to create family funds because of the pressure they endured getting bank loans or from buying through installments.
September 5th, 2013 - 11:24 GMT

Family funds: a viable alternative to bank loans in Saudi Arabia?

Al Bawaba
September 5th, 2013 - 10:40 GMT

NBAD’s Ratibi extends financial services to 500,000 workers

Nearly 80 per cent complete and located in a prime residential area in close proximity to Dubai Mall, Emirates Towers, Burj Khalifa and the Financial Centre metro station, the Central Park tower will comprise 426 apartments (Pictured: Dubai's International Financial Centre).
September 5th, 2013 - 10:20 GMT

A very different 'Central Park' coming to Dubai

In 2011, a small group of activists and shareholders informally investigated the performance of the company, discovering several instances of corruption.
September 5th, 2013 - 09:55 GMT

Jordan's Amwal Invest suing Ernst and Young over alleged fraud

Doha Bank customer receives free air tickets from redeemed points
September 5th, 2013 - 04:41 GMT

Doha Bank customer redeems Dream Points for free tickets at Mannai Air Travel

Al Bawaba
September 4th, 2013 - 10:33 GMT

United Arab Bank appoints Tony Graham as Head of Retail Banking

Dubai’s benchmark index hit the lowest close since July 16.
September 4th, 2013 - 08:29 GMT

Here it comes again: GCC markets taking the plunge one more time

The number of Chinese companies with membership in the Dubai Chamber have increased 18 per cent over the last two years, now totalling over 2,400.
September 2nd, 2013 - 01:59 GMT

The booming financial linkages between the UAE and China

Concerns however remain depending on how the situation evolves in the coming days.
September 2nd, 2013 - 01:23 GMT

Thanks to delayed US action, GCC markets are rebounding

"Priceless Arabia will give cardholders unique experiences in one of the world’s most diverse and exciting regions,” said MasterCard.
September 2nd, 2013 - 09:18 GMT

MasterCard now providing cardholders a 'Priceless' experience in the Middle East

Mashreq
September 2nd, 2013 - 07:46 GMT

Mashreq enhances Snapp to cover a wider user network via Windows 8

Arif Mubarak, CEO Arady Developments
September 2nd, 2013 - 04:47 GMT

‘Central Park’ at DIFC to feature 48-Storey residential tower

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