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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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The development is significant given that India has the world's third-largest Muslim population - after Indonesia and Pakistan - but does not allow Islamic banking.
August 6th, 2013 - 06:49 GMT

Growing interest? The state of Islamic banking in India

Al Bawaba
August 5th, 2013 - 09:58 GMT

Khalifa Fund organizes Abu Dhabi Forum on Entrepreneurship to incubate the next generation of business visionaries next October

Al Bawaba
August 5th, 2013 - 08:35 GMT

Mashreq celebrates EID with exciting card offers

The suspects had lured 400 individuals into investing in a non-existent project which they alleged will generate ⠀˜high returns’.
August 5th, 2013 - 06:47 GMT

Ponzi scheme pair: Father and son accused of defrauding USD 27 million in the UAE

Year-on-year credit growth was as high as 19.4 per cent in the first half of 2012, which market experts expect to stay in the single digits this year.
August 4th, 2013 - 12:52 GMT

Regulatory restrictions lead to decline in retail loans in Oman

Amman emerges as the city of the most dynamic start-ups in the Arab world, as proven by an annual 25 per cent IT sector growth and the King's efforts to modernise Jordan's economy.
August 4th, 2013 - 11:40 GMT

Small online businesses: modernizing Jordan's economy one user at a time

Faisal Aqil, Deputy CEO-Consumer Wealth Management, Emirates Islamic Bank
August 4th, 2013 - 09:14 GMT

Emirates Islamic Bank supports key social activities during the Holy Month of Ramadan

Abu Dhabi Islamic Bank
August 4th, 2013 - 08:42 GMT

ADIB and ENDP partner to boost career opportunities for UAE nationals

During the event
August 4th, 2013 - 08:25 GMT

Jordan Ahli Bank was the Platinum sponsor of Fantazia Market

Al Bawaba
August 4th, 2013 - 08:21 GMT

Registrations are now open for the Standard Chartered Dubai Marathon 2014

Al Bawaba
August 1st, 2013 - 09:18 GMT

UAE Exchange joins hands with UNICEF, donates AED 100,000

13 sectors showed a collection of 656.3 points for the day
July 31st, 2013 - 01:55 GMT

Saudi Banks & Financial Services in 1.81% surge

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