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Banking and Finance

Banking and Finance latest

Markaz: Kuwait’s economic landscape demonstrated positive momentum, headlined by S&P upgrading the sovereign credit rating to AA-
December 3rd, 2025 - 06:33 GMT

Markaz: Kuwait’s economic landscape demonstrated positive momentum, headlined by S&P upgrading the sovereign credit rating to AA-

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for November 2025. Kuwait’s main equity index declined in November 2025 amid negative global sentiment and profit booking from investors. However, the decline was lower than most other GCC markets. Kuwait All Share Index declined by 1.9% in November, led by stocks in the Technology (-19.0%), Utilities (-7.7%), and Oil & Gas (-5.6%) sectors. Kuwait’s banking sector index declined by 2.1% for the month. Among banking stocks, index heavyweight National Bank of Kuwait declined by 4.5% for the month. Commercial ...
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Sahm App Named “Best Trading App Saudi Arabia 2025”
November 16th, 2025 - 10:54 GMT

Sahm App Named “Best Trading App Saudi Arabia 2025”

Sharjah Islamic Bank Receives J.P. Morgan’s 2025 “Elite Quality Recognition Award”
November 16th, 2025 - 09:50 GMT

Sharjah Islamic Bank Receives J.P. Morgan’s 2025 “Elite Quality Recognition Award”

Markaz Launches a new branch of Marmore for research in Abu Dhabi
November 16th, 2025 - 03:57 GMT

Markaz Launches a new branch of Marmore for research in Abu Dhabi

Burgan Bank's Extraordinary General Assembly Approves Increasing its Authorized Capital to KD 600 Million
November 16th, 2025 - 03:44 GMT

Burgan Bank's Extraordinary General Assembly Approves Increasing its Authorized Capital to KD 600 Million

BingX Unveils Listing FastTrack for Swift and Transparent Token Onboarding
November 15th, 2025 - 07:05 GMT

BingX Unveils Listing FastTrack for Swift and Transparent Token Onboarding

DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk
November 15th, 2025 - 06:55 GMT

DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk

Dubai Investments Profit Before Tax Surges by 59% to AED 1.10 billion for the Nine-Month Period Ended 30 September 2025
November 15th, 2025 - 06:42 GMT

Dubai Investments Profit Before Tax Surges by 59% to AED 1.10 billion for the Nine-Month Period Ended 30 September 2025

CBI reports pre-tax net profit of AED 109m for the first nine months of 2025
November 15th, 2025 - 06:37 GMT

CBI reports pre-tax net profit of AED 109m for the first nine months of 2025

International Islamic Trade Finance Corporation (ITFC) Signs US$47.6 Million Financing Agreement with the Republic of Türkiye to Strengthen Health Services and Mitigate the Effects of Earthquakes
November 15th, 2025 - 06:06 GMT

International Islamic Trade Finance Corporation (ITFC) Signs US$47.6 Million Financing Agreement with the Republic of Türkiye to Strengthen Health Services and Mitigate the Effects of Earthquakes

NBB Group Launches Advanced Corporate Credit Training for Senior Bankers
November 15th, 2025 - 05:56 GMT

NBB Group Launches Advanced Corporate Credit Training for Senior Bankers

Bitget Appoints Ignacio Aguirre Franco as Chief Marketing Officer to Drive Global Growth and UEX Evolution
November 14th, 2025 - 02:18 GMT

Bitget Appoints Ignacio Aguirre Franco as Chief Marketing Officer to Drive Global Growth and UEX Evolution

Ajman Bank Collaborates with Oracle to Power  Next-Generation Trade Finance Platform
November 14th, 2025 - 05:14 GMT

Ajman Bank Collaborates with Oracle to Power Next-Generation Trade Finance Platform

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