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Banking and Finance

Banking and Finance latest

Markaz reports positive performance in 2025, driven by its investment philosophy, institutional expertise, and commitment to creating sustainable value for investors
April 12th, 2026 - 05:37 GMT

Markaz reports positive performance in 2025, driven by its investment philosophy, institutional expertise, and commitment to creating sustainable value for investors

Kuwait Financial Centre “Markaz” held its Ordinary Annual General Assembly meeting on Wednesday, April 8, 2026, with an attendance rate of 72.7%. The assembly approved all items on the agenda, including the Board of Directors’ recommendation to distribute cash dividends of 8% of the nominal share value, or 8 fils per share. In 2025, Markaz recorded total revenues of KD 28.59 million, representing an increase of 41%, compared to KD 20.31 million in 2024. Net profit attributable to shareholders reached KD 10.82 million in 2025, compared to KD 4.46 million ...
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Al Bawaba
December 9th, 2014 - 09:44 GMT

Global Focus 2015: Rekindling animal spirits

Al Bawaba
December 9th, 2014 - 09:19 GMT

Mashreq named SME Bank of the Year 2014

Al Bawaba
December 9th, 2014 - 08:10 GMT

ADIB UAE’s “Most Recommended Bank”

Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.
December 9th, 2014 - 04:55 GMT

Repaying Qatar brings down Egypt's reserves by $1.1 billion in one month

“However, declining oil prices if prolonged at these levels will reduce fiscal surpluses, affect economic confidence and moderate growth expectations
December 9th, 2014 - 04:55 GMT

Moody indeed: how did Moody's rate the ME's banks for 2015?

Al Bawaba
December 8th, 2014 - 05:07 GMT

I bet you thought Dubai was not oil dependent! Dubai leads losses as GCC stocks tumble

Al Bawaba
December 8th, 2014 - 03:14 GMT

The Middle East's Switzerland? Lebanon's banking secrecy is here to stay

Al Bawaba
December 8th, 2014 - 07:55 GMT

Dubai Islamic Bank celebrates 43rd UAE National Day

A growing number of expatriates of all nationalities based in the UAE are moving their British pensions out of the UK.
December 8th, 2014 - 04:55 GMT

Precious retirement: why UAE expats are moving their pensions out of the UK

Al Bawaba
December 8th, 2014 - 04:40 GMT

Doha Bank hosts bowling and billiards tournament for employees

Al Bawaba
December 7th, 2014 - 12:05 GMT

$750 billion worth of reserves not good enough? Saudi Arabia downgraded to 'stable' over oil crash

Al Bawaba
December 7th, 2014 - 10:20 GMT

Sharjah Islamic Bank awarded quality assurance certification for internal audit activities

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