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Banking and Finance

Banking and Finance latest

Boursa Kuwait approves 2025 results and authorizes cash dividends of over KD 25.5 million
April 5th, 2026 - 10:23 GMT

Boursa Kuwait approves 2025 results and authorizes cash dividends of over KD 25.5 million

Boursa Kuwait held its ordinary general assembly meeting for the year 2025 today, Sunday, 5 April 2026, chaired by Chairman Mr. Bader Nasser Al-Kharafi, with an attendance rate of 70.31% of shareholders. During the meeting, the assembly approved all items on its agenda, foremost among them the Board of Directors' recommendation to distribute cash dividends of 127 fils per share, totaling 25,498,520 Kuwaiti dinars (twenty-five million, four hundred ninety-eight thousand, five hundred and twenty Kuwaiti dinars only). These dividends are payable to shareholders registered in the company's records at the ...
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The Kingdom was the first country in the GCC to set up a banking system and is now home to over 400 financial institutions
February 25th, 2019 - 01:04 GMT

Kpmg: Bahrain’s Financial Services Sector Presents 35 Percent Cost Advantage Over Regional Neighbours

Abdul Hadi Al Sadi, Managing Director of Brokerage House Securities
February 25th, 2019 - 09:47 GMT

Brokerage House Securities Executes First Margin Financing Liability Transfer on DFM

During the event
February 25th, 2019 - 09:17 GMT

CIB Successfully Completes the Deployment of the SAS Enterprise Risk and Anti Money Laundering Platforms

2018 ended on a strong note for GCC equity capital markets activity, with Q4 being the best quarter in the year.
February 25th, 2019 - 07:52 GMT

PwC GCC Capital Markets Watch, Q4 2018: IPO Activity Picks Up Despite a Relatively Slow Year to Date Performance

Mr. Hassan Amin Jarrar, Chief Executive Officer of the Bank
February 25th, 2019 - 06:40 GMT

Bahrain Islamic Bank Achieves a Net Profit of BHD11.4 Million for the Year 2018

During the event
February 24th, 2019 - 11:09 GMT

AGIP and Republican Scientific Research Institute of Intellectual Property in Russia Sign Cooperation Agreement

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being. (Shutterstock)
February 24th, 2019 - 10:57 GMT

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being

During the event
February 24th, 2019 - 09:00 GMT

KPMG Organizes Personal Data Protection Law Seminar for Regulatory Entities in Bahrain

Credit to the private sector increased by 4.9 per cent to OMR22 billion at the end of December 2018. (Shutterstock)
February 24th, 2019 - 08:49 GMT

Credit Extended by Banks Exceeds $65 Billion in Oman

The gesture is part of the UAE's wise leadership keenness to ensure decent life for all citizens. (Shutterstock)
February 24th, 2019 - 07:48 GMT

Nearly $100 Million Loans of 3,310 Emiratis Waived Off

During the event
February 21st, 2019 - 12:35 GMT

Burgan Bank Conducts Successful ‘Team-Building Day’ for Employees

Several leading banks have cut the interest rates on deposits by an average of 2 percentage points while others were in the process of doing the same. (Shutterstock)
February 21st, 2019 - 10:29 GMT

Lebanese Banks Mull Reducing Interest Rates on Deposits

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