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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
November 2nd, 2014 - 10:27 GMT

NBAD provides AED1.2 billion financing to Abu Dhabi National Hotels

Al Bawaba
November 2nd, 2014 - 07:44 GMT

Doha Bank honoured with Golden Peacock Award for Sustainability

Al Bawaba
October 30th, 2014 - 04:23 GMT

Al Hilal Bank awards third 2015 Audi A8 to lucky saver

David Marshall, Senior Executive Officer, Emirates NBD Asset Management
October 29th, 2014 - 09:31 GMT

Emirates NBD Asset Management AuM doubles to AED 10.2bn

Banks all over the world are being excessively cautious as regulators have been imposing huge fines that hit their bottom line.
October 29th, 2014 - 04:55 GMT

Excessive caution? Why 'perfectly legitimate' SME's are struggling to find financing in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

During the meeting, Hollande and Alwaleed discussed political, economic and cultural matters.
October 27th, 2014 - 05:15 GMT

Business in the Elyséé Palace: Al-Waleed bin Talal, Hollande and CEOs meet over momentous Saudi-French investments

The report said the reserves had increased by $15.7 billion in the first six months of the year.
October 27th, 2014 - 02:09 GMT

Kuwait reserves for future generations hit $598 billion

Al Bawaba
October 27th, 2014 - 09:21 GMT

ADIB offers global perks with “Visa Signature” debit card

Al Bawaba
October 27th, 2014 - 08:40 GMT

Emirates NBD promotes healthy lifestyle with launch of ‘LiveWell’

Al Bawaba
October 27th, 2014 - 05:49 GMT

Standard Chartered Bank hosts second Annual Global Research Briefing sessions for its clients in the UAE

Al Bawaba
October 27th, 2014 - 04:55 GMT

It certainly has the profits to finance it: Arab Bank commences US appeal against Hamas support allegations

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