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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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“We believe that Dubai had the most violent reaction to the news due to more foreign investor influence compared to other GCC countries. This reaction to current events is not sustainable as GCC economies are strong and thriving,” said Mr.Raghu.
August 28th, 2013 - 08:38 GMT

Now what? Should you pull out from the Dubai stock market?

Dubai led losses across Middle East bourses and sharply underperformed emerging market losses globally - MSCI's emerging market index was down 1.3 percent.
August 27th, 2013 - 12:16 GMT

An irrational development: Dubai bourse plummets most since 2009 due to Syrian crisis

“This dispute has serious foreign relations implications, evidenced by the filings of three governments in the courts below, in which U.S. ally Jordan protested that the sanctions ‘severely infringe’ its sovereignty and ‘punish Arab Bank for not violating Jordanian law.’”
August 27th, 2013 - 12:03 GMT

Jordan's Arab Bank acquitted by NY federal court from thousands of charges!

The construction and commissioning of those thermal power plants in Turkey’s Afsin-Elbistan region would have created more than 10,000 jobs.
August 27th, 2013 - 11:14 GMT

When money talks politics: Taqa to withdraw $12 billion investment from Turkey

Adnan Chilwan, Chief Executive Officer, DIB
August 27th, 2013 - 09:42 GMT

Dubai Islamic Bank becomes first Islamic bank to issue Visa Signature Cards

Alex Thursby, NBAD Group CEO
August 27th, 2013 - 09:28 GMT

NBAD safest bank in middle east

Believe it or not, price bubbles are in no way the result of increased speculation.
August 27th, 2013 - 07:07 GMT

Decoding the myths: are we actually powerless in the face of the financial sector?

Al Hilal Bank
August 27th, 2013 - 06:53 GMT

Al Hilal Bank named ‘Middle East Retail Bank of the Year’ at 2013 Retail Banker International Awards

Al Bawaba
August 27th, 2013 - 04:56 GMT

NCB Capital announces successful closure of Alahli Alkhayyal residential development fund after raising SR 150M

Emirates NBD
August 26th, 2013 - 12:29 GMT

Tony Jashanmal to give keynote address at next session of Emirates NBD Global Business Series

Prime real estate prices in Dubai have increased by 21.6 per cent over the past year, making it the second best performing market in the world.
August 26th, 2013 - 10:02 GMT

Bubble or Impeccable recovery? Dubai shares at five-year high!

Sawsan Abulhassan, Deputy Group CEO, Private Banking and Wealth Management, Ahli United Bank B.S.C
August 26th, 2013 - 08:58 GMT

Ahli United Bank ranked No. 1 Bank regionally

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