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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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Dubai Investments Park is a unique, self-contained mixed-use industrial, commercial and residential development operated by Dubai Investments Park Development Company LLC.
January 31st, 2019 - 09:14 GMT

Dubai Investments Park Development Company LLC Signs $300 Million Bilateral Term Loan Facility With Emirates NBD Bank PJSC

Egypt’s total budget deficit declined to 3.6 percent of GDP in the first half of the 2018/2019 fiscal year. (Shutterstock)
January 31st, 2019 - 09:12 GMT

Egypt Achieves Primary Budget Surplus of EGP21 Billion

The pilot project is aimed at studying the practical application of modern technologies. (Shutterstock)
January 31st, 2019 - 09:05 GMT

UAE, Saudi Digital Currency to Be Restricted to a Limited Number of Banks

Total Income crosses AED 11.7 billion, up by 15% YoY.
January 30th, 2019 - 10:49 GMT

Dubai Islamic Bank Full Year 2018 Group Financial Results

During the event
January 30th, 2019 - 10:26 GMT

Burgan Bank’s Cricket Team Wins Prestigious Kuwait Cricket Bank League Championship Cup Trophy

Sharjah Islamic Bank
January 30th, 2019 - 10:15 GMT

Sharjah Islamic Bank Net Profit Surges 7 Percent to Dh510 Million; Proposes 8 Percent Cash Dividend

Islamic banking software refers to banking software that functions according to Shariah norms for managing and monitoring banking operations. (Shutterstock)
January 30th, 2019 - 10:12 GMT

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry

It will become the second largest retail lender in the UAE by assets, with 21 per cent share of retail loans. (File/photo)
January 29th, 2019 - 01:17 GMT

Three Major UAE Banks Merge Creates Dh420 Billion Bank

Sohar International.
January 29th, 2019 - 12:13 GMT

Sohar International Supports the Oman Vision 2040 National Conference

This year’s Al Kanz Scheme will see 4 customers win a total of OMR 1 Million, giving away double the prize money of the 2018 scheme.
January 29th, 2019 - 11:59 GMT

National Bank of Oman Launches Revamped Al Kanz Savings Scheme With Omr3.251m Prize Money

The currency will be used in financial settlements between the two countries. (Shutterstock)
January 29th, 2019 - 10:55 GMT

Saudi Arabia, UAE to Launch First Common Digital Currency ‘Aber’

The Islamic Republic is about to launch its own state-backed cryptocurrency. (Shutterstock)
January 29th, 2019 - 09:10 GMT

Iran to Unveil Its Own State-Backed Cryptocurrency This Week

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