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Banking and Finance

Banking and Finance latest

Markaz: Kuwait’s equity markets continue to advance amid favorable economic developments
November 4th, 2025 - 02:13 GMT

Markaz: Kuwait’s equity markets continue to advance amid favorable economic developments

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for October 2025. Kuwait equity market was positive in October 2025 amid favorable economic developments and an optimistic outlook on capital spending. Kuwait All Share Index continues to be the top-performing GCC market on YTD basis with a gain of 22.7%, supported by a 2.7% rise in October. Among sectors, oil and gas, and financial services were the top gainers, rising by 11.0% and 10.8% respectively. The banking sector index gained by 0.7% for the month. Among banking stocks, Commercial ...
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First Gulf Bank
April 9th, 2014 - 11:13 GMT

FGB tackles underinsurance levels and supports growth of insurance sector

Al Bawaba
April 9th, 2014 - 09:05 GMT

Emirates Islamic unveils new suite of MasterCard Debit Cards

In the United Arab Emirates, where real estate prices are rising at a fast pace, the award of World Expo 2020 has further strengthened growth prospects
April 9th, 2014 - 06:36 GMT

IMF raises UAE's 2014 growth forecast to 4.4% thanks to Expo 2020, rising property prices

Al Bawaba
April 9th, 2014 - 05:49 GMT

UAE struggles with recovering bad debts, number 'could double’ in next few years

While revenues of banks in Qatar grew by 20 percent and banks in the UAE are back to double-digit growth overall, Saudi, Omani and Bahraini banks are experiencing single digit growth rates.
April 9th, 2014 - 02:55 GMT

Trust the borrowers: GCC banks post double-digit growth, and losses

Al Bawaba
April 8th, 2014 - 11:14 GMT

DIB holds annual ceremony to recognise employee talent and performance excellence

Al Bawaba
April 8th, 2014 - 07:16 GMT

Mashreq converts conventional fund and launches Sharia’h Compliant MENA Equity Fund

Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn in February, the Central Bank said on Monday.
April 7th, 2014 - 07:01 GMT

Foreign handouts do 'pay' after all: Egypt foreign reserves rise to $17.414 billion in March

“Banks who develop an effective social media strategy will be the banks of the future,” Sen said. “Banks who develop an effective social media strategy will be the banks of the future,” Sen said
April 7th, 2014 - 04:46 GMT

Social Media keeping Middle Banks 'scared'

Andre Sayegh, CEO of First Gulf Bank
April 7th, 2014 - 11:27 GMT

First Gulf Bank appoints Hana Al Rostamani as Head of Consumer Banking Group

Al Bawaba
April 7th, 2014 - 11:08 GMT

Dubai Islamic Bank partners with Emirates Group

Al Bawaba
April 7th, 2014 - 09:47 GMT

MoF organises meeting on GCC financial and economic integration

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