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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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"Tunisia records today 2.4 million online payments for a volume of about 166 million dinars. A figure in evolution but it is insufficient.” (Shutterstock)
October 10th, 2018 - 06:23 GMT

Tunisia Considering Digital Banking to Boost Economy

ESCA is drafting regulations for ICOs with international advisers and is working with the Abu Dhabi and Dubai stock markets to develop trading platforms for the offers, he said, adding that details would be announced later. (Shutterstock)
October 10th, 2018 - 05:44 GMT

UAE to Launch Initial Coin Offerings in 2019

Qatari banking sector ranks third among Arab banking sectors in terms of asset size, accounting for about 11 percent of the total assets of the Arab banking sector, and 10 percent of its deposits. (Shutterstock)
October 10th, 2018 - 05:34 GMT

Qatar's $382.5 Billion Banking Sector Stable Despite Siege

During the event
October 9th, 2018 - 10:36 GMT

Burgan Bank Concludes ‘Decision Making Skills’ Workshop in Cooperation With ‘Knowledge Club’

Mr. Abdulhakeem AlKhayyat with ‘Fursan Baytik’ Employees
October 9th, 2018 - 09:42 GMT

KFH–Bahrain Honors ‘Fursan Baytik’ Employees for the Second Quarter of 2018

Guests of Yas Island’s newest theme park, Warner Bros. World Abu Dhabi, will be transported to six truly immersive lands inspired by DC Super Heroes and Warner Bros.
October 9th, 2018 - 09:16 GMT

ADCB and Yas Island Theme Parks Extend Partnership Through New Exclusive Agreement

Ms. Dalal Al-Dousari, Gulf Bank’s Head of Investor Relations
October 9th, 2018 - 09:07 GMT

Fitch Ratings Affirms Gulf Bank Rating at 'A+' With “Stable” Outlook

The Deloitte network is proud of the recognition given to our professionals in the 2018 Guide to the World's Leading Tax Advisers.
October 9th, 2018 - 06:58 GMT

Deloitte Middle East Tax Professionals Recognized in 2018 Guide to the World’s Leading Tax Advisers

Sohar Islamic continues its efforts to deliver greater convenience enhance service delivery and accommodate the demands of customers’ modern lifestyles.
October 9th, 2018 - 04:44 GMT

Sohar Islamic Offers One Hour Auto Financing

Being prepared is critical because VAT is generally a self-assessed tax, with errors often subject to severe penalties and business disruption.
October 8th, 2018 - 10:34 GMT

Bahrain to Implement VAT Effective 1 January 2019

The agreement was signed at a ceremony held at Spazio, Kingdom Tower.
October 8th, 2018 - 08:31 GMT

SABB and Emirates Skywards Launch Visa Co-Branded Credit Card

Bitcoin’s potential to replace fiat currencies as a way of doing business brought about a wave of excitement in 2013 and 2014, leading to a rally in its price that hit $19,511 in mid-December. (Shutterstock)
October 8th, 2018 - 05:40 GMT

With Volatility at 17-Month Low, Has Bitcoin Reached a Tulip Fever Moment?

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