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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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In the 25th edition of the conference, more than 1,200 Islamic leaders, policymakers and innovators will participate in a series of panel discussions.
November 28th, 2018 - 07:01 GMT

Bahrain Islamic Bank Supports The 25th Annual World Islamic Banking Conference as a Silver Partner

Mr. Abdulrahman Alkhan, Head of Cards and eChannels at KFH-Bahrain
November 28th, 2018 - 06:48 GMT

KFH-Bahrain Launches Its New ‘PrePay’ Visa Platinum Prepaid Card

“The Middle East does things differently largely because of regulatory issues, but Hong Kong was very similar to Dubai in particular in previous years but has changed dramatically now." (Shutterstock)
November 28th, 2018 - 06:38 GMT

This Is What ME Finance Firms Must Do to Comply With Investor Needs

Al Hilal Bank is aiming to transform the Sukuk market through embracing Blockchain and integrating it into their infrastructure, paving the way for innovative digitised Islamic Sukuks, (which have been dubbed “Smart Sukuks”).
November 28th, 2018 - 06:32 GMT

World’s First Blockchain Sukuk Transaction Just Happened in Abu Dhabi

Kuwait’s regulatory testing framework, known as a ‘sandbox’, will include four phases, with representatives from local banks joining a central bank taskforce to assess the products and services being proposed. (Shutterstock)
November 27th, 2018 - 07:16 GMT

Kuwait Enters the Fintech Arena With ‘Test Space’

The event came to a close with a cake cutting ceremony in celebration of the Nation’s 48th National Day.
November 27th, 2018 - 06:29 GMT

Bank Sohar Names 45 Lucky Winners in Al Mumayaz Savings Scheme Monthly Draws

Deloitte hired over 700 Arab and expatriate graduates and experienced professionals in the Middle East in the last year.
November 27th, 2018 - 05:53 GMT

Deloitte Middle East Announces Admission of 30 New Partners, Directors and Principals

The winner with Mr. Subah Al Zayani and representatives from KFH-Bahrain and Marassi Al Bahrain
November 26th, 2018 - 12:53 GMT

KFH-Bahrain Announces Mr. Hamed Mohamed Abdulla As Libshara’s October Grand Prize Winner

Bank ABC in London has successfully arranged and closed a GBP £250m senior residential development facility for a consortium of institutional and high net worth investors from the Gulf and Europe.
November 26th, 2018 - 12:48 GMT

Bank ABC Arranges GBP 250 Million of Shari’a-Compliant Finance for a Landmark Residential Development Overlooking Regent’s Park

The bank is inviting citizens and residents to visit purpose-built installations depicting key values of the oath laid out at popular locations across the UAE.
November 26th, 2018 - 10:21 GMT

Emirates NBD Celebrates 47th UAE National Day

The initiative is the result of the collaboration of Al Hilal Bank Digital Transformation team with Jibrel Network.
November 26th, 2018 - 09:12 GMT

Al Hilal Bank Executes the World’s First Blockchain Sukuk Transaction

The Egyptian government also focused on digital transformation as one of the most prominent files, aiming to provide excellent services to the citizens electronically. (Shutterstock)
November 26th, 2018 - 05:48 GMT

What Is Holding Back Egypt's Fintech Success?

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