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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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Emirates NBD Head Office
December 7th, 2014 - 07:41 GMT

Emirates NBD introduces free local transfers to any bank account in the UAE

Al Bawaba
December 4th, 2014 - 08:29 GMT

Doha Bank provides project finance to Kharafi National

Around 40 million of the world's 1.6 billion Muslims are now clients of the Islamic finance industry.
December 4th, 2014 - 05:55 GMT

The customer still comes first: real challenges hamper Islamic banking

Al Bawaba
December 4th, 2014 - 05:55 GMT

Band-aid solution? Saudi Arabia to tighten 2015 budget after oil crash

Al Bawaba
December 4th, 2014 - 04:40 GMT

Emirates NBD pays tribute to Sheikh Zayed on National Day

Al Bawaba
December 3rd, 2014 - 12:27 GMT

National Bank of Oman strengthens Board with two appointments

Emirates NBD
December 3rd, 2014 - 06:54 GMT

Emirates NBD extends DirectRemit 60 seconds money transfer service to the Philippines

"Jordan is mature, disciplined, stable and professional," said the banker,
December 2nd, 2014 - 04:57 GMT

A beacon of stability and reform: top banker speaks about Jordan's impending banking bonanza

Al Bawaba
December 2nd, 2014 - 12:01 GMT

Burgan Bank successfully completes capital increase

Al Bawaba
December 2nd, 2014 - 07:07 GMT

NCB Capital wins best research house award in the Euromoney Middle East research poll

Turkey is a major beneficiary of the collapse in Brent crude since the cost of imported energy narrows the current account deficit
December 2nd, 2014 - 04:55 GMT

All else aside, there is a bullish case for investing in Turkish banks

The suspension could have major implications for Saudi companies and the auditing market in the kingdom.
December 1st, 2014 - 11:52 GMT

Saudi Arabia suspends Deloitte's auditing work due to 'mystery' cases

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