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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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Look for more high quality businesses preparing for IPO in 2014. (Image credit: Shutterstock)
January 16th, 2014 - 07:23 GMT

Three factors that will drive 2014 IPO activity in the Middle East

Al Bawaba
January 16th, 2014 - 06:57 GMT

Abu Dhabi Islamic Bank – Egypt….. a year of achievements remarkable financial and structural results

Out of the 50 per cent of shares owned by non-Jordanians, Azar pointed out that 35 per cent of ASE shares are investments by Arab governments, sovereign and different investment funds and wealthy families.
January 15th, 2014 - 07:31 GMT

Why Jordan has every reason to be optimistic about its stock market in 2013

Ahmed Saad, SIB DCEO mediating the graduates at the ceremony
January 15th, 2014 - 09:27 GMT

Sharjah Islamic Bank appoints new skilled home-grown talents in leadership positions

Egyptian stock markets have been improving since last November (File Archive)
January 14th, 2014 - 01:55 GMT

Egypt stocks reach highest level since 2011 revolution

Jordan's then-Planning Minister Jafar Hassan signed a deal with the Saudi Fund for Development in February 2013 for development-related projects (Courtesy of the Jordan Times)
January 14th, 2014 - 12:59 GMT

Is development funding developing much in Jordan?

The list of individuals and companies published above raises questions that have so far been left unanswered by Egyptian investigators.
January 13th, 2014 - 09:39 GMT

Behind the scenes: an inside look into Egypt's 'mafia fund'

Nimish Dwivedi, Head of Payments, Mashreq
January 13th, 2014 - 12:16 GMT

Spend more with Mashreq Card this DSF and fly for sure

Ahmed Al Marzouqi, General Manager - Retail Distribution, Emirates NBD
January 13th, 2014 - 10:28 GMT

Emirates NBD signs strategic partnership extending support for Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence

The rapid rise in consumer prices for various goods in Jordan, including fuel, electricity and communications prices, is partly behind the rise in inflation rate (File Archive/Shutterstock)
January 13th, 2014 - 08:30 GMT

Behind the $$$ signs: What is causing Jordan's growing inflation?

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic
January 13th, 2014 - 08:19 GMT

Emirates Islamic encourages customer move to direct banking channels

Christophe Kloeti, the Head of Trade Finance at NBAD in Paris
January 12th, 2014 - 09:40 GMT

NBAD appoints Head of Trade Finance in Paris

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