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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 regulator has approved the sale of TRL 18 billion in subordinated debt by various banks. (Shutterstock)
October 4th, 2018 - 07:49 GMT

Who Bought TRL 10.9 Billion of Turkish State Banks’ Debt Last Week?

The new bankruptcy law will introduce measures to allow company reorganization where the management is allowed to remain in place and continue business operations during the administration of a case, similar to the Chapter 11 process in the US. (Shutterstock)
October 4th, 2018 - 07:05 GMT

Bahrain Launches New Bankruptcy Law to Keep Investments Flowing

A total of 570 energy projects worth USD 77 billion are currently looking for financing. (Shutterstock)
October 4th, 2018 - 05:48 GMT

570 Arab Energy Projects Face a Financing Gap of $77 Billion

Banking regulators should work with banks to adopt good practices in the management of human, natural and financial resources. (Shutterstock)
October 4th, 2018 - 05:27 GMT

This Is Why Arab Banks Should Implement Green Banking

Chief Executive of CrediMax, Mr. Yousif Ali Mirza
October 4th, 2018 - 04:57 GMT

CrediMax Announces Mastercard Summer Campaign Winners

Mashreq Bank will become the first bank in the world to offer users the choice to make secure contactless and Masterpass QR payments.
October 3rd, 2018 - 10:43 GMT

Mashreq and Mastercard Team Up to Introduce Masterpass QR in UAE

The vote was conducted during the recent 58th WFE General Assembly in Athens, Greece.
October 3rd, 2018 - 09:50 GMT

Boursa Kuwait Granted Full Membership Of the World Federation of Exchanges

Burgan Bank 'The Leadership Challenge®'
October 3rd, 2018 - 09:43 GMT

Second & Third Batch From Burgan Bank Successfully Complete the Leadership Challenge Complete Model

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

GCC banks have now recognized most of the impact of the softer economic cycle on their asset quality. (Shutterstock)
October 3rd, 2018 - 06:55 GMT

Report: GCC Banks to Stay Strong Next Year, but With Conditions

Mr. Hisham Alrayes, CEO of GFH
October 3rd, 2018 - 06:12 GMT

GFH Signs to Acquire $200 Million Sukuk From Al Rajhi Bank

EY Iraq is the first EY office in the Middle East region and is the largest firm of its kind in the country.
October 3rd, 2018 - 04:57 GMT

EY Iraq Collaborates With Morgan International

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