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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 UAE Banks Reception highlights the country’s robust banking sector, the sector’s success and achievements over the past years.
October 14th, 2018 - 05:10 GMT

HE Obaid Humaid Al Tayer Inaugurates UAE Banks Reception Alongside the Annual Meetings of IMF and WBG in Indonesia

During the event
October 14th, 2018 - 04:52 GMT

National Bank of Oman Awards More Al Kanz Winners

Global economist Nouriel Roubini, who predicted the financial crisis in 2008, warned that the hype of crypto-assets is dangerous. (Shutterstock)
October 14th, 2018 - 02:37 GMT

Why Did Cryptocurrencies Experience Massive Declines on Global Stock Markets?

An unprecedented diplomatic breakdown between the Nato allies over the case compounded an almost 40% depreciation in the currency this year. (AFP)
October 14th, 2018 - 02:19 GMT

Turkish Bonds and Stocks Gain as US Pastor Is Freed

As part of the meeting the two leaders discussed ways to strengthen bilateral ties and increase investments between the UAE and Austria.
October 11th, 2018 - 11:05 GMT

HE Obaid Humaid Al Tayer Meets Austrian Finance Minister

On Tuesday, the partially-convertible Indian currency hit a fresh low of 74.395 per dollar. (Shutterstock)
October 11th, 2018 - 07:11 GMT

India's Rupee Is Not Recovering Any Time Soon

The Arabian Travel Awards is dedicated to celebrating excellence within the region’s travel, tourism and hospitality industries.
October 10th, 2018 - 11:18 GMT

Bab Al Qasr Hotel & Residences Wins Best Luxury and Mice Hotel at Arabian Travel Awards

The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win a Nissan Patrol SUV every month.
October 10th, 2018 - 10:50 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

The Ministry of Finance’s participation in this year’s GITEX Technology Week is aimed to familiarise the public with its smart services and state-of-the-art technological innovations.
October 10th, 2018 - 09:44 GMT

UAE Ministry of Finance Is Participating in Gitex Technology Week as Part of the Federal Government’s Stand

Amit Jain, Group CEO of Emaar Properties and Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank, were present amongst other senior officials of both entities at the signing ceremony in Dubai.
October 10th, 2018 - 09:24 GMT

Emaar Partners With Dubai Islamic Bank for Exclusive Home Finance Solution

Bringing blockchain-based payments technology into the government sphere is a major development for the technology. (Shutterstock)
October 10th, 2018 - 06:50 GMT

You Can Now Pay Your Bills via Digital Currency in Dubai

Privatization in Iran witnessed 100 percent growth during the first five months of this year (March 21-August 22) compared to the same period of time in the previous year. (Shutterstock)
October 10th, 2018 - 06:33 GMT

Iran Divests Over $123 Million Worth of State-Run Shares

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