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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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Bernard Shum, the Head of Corporate and Institutional Banking of NBAD in Hong Kong
December 19th, 2013 - 07:56 GMT

NBAD appoints Head of Corporate & Institutional Banking in Hong Kong

Al-Bahar particularly emphasized on Dabdoub’s role in leading NBK in two major crises that faced the bank during his career; the stock market crash in 1982 and the Iraqi occupation in 1990. NBK
December 19th, 2013 - 03:55 GMT

53 years later, Palestinian banking legend Ibrahim Dabdoub to retire from CEO post at National Bank of Kuwait

ENBD ITM Machine Dubai Mall
December 18th, 2013 - 10:38 GMT

Emirates NBD becomes first bank in the Middle East to launch Interactive Teller Machine

Al Hilal Bank
December 18th, 2013 - 06:15 GMT

Al Hilal Bank named ‘Best Islamic Financial Pioneer of the Year’ at 2013 Tatweej Academy for Excellence Awards

Falcon Private Bank
December 18th, 2013 - 03:55 GMT

First edition of The Global Gift Gala Dubai ‘a phenomenal success’ – Eva Longoria

Al Bawaba
December 17th, 2013 - 11:00 GMT

Emirates NBD launches ‘My Heart Speaks Arabic’ initiative

Abu Dhabi Islamic Bank
December 17th, 2013 - 08:51 GMT

ADIB announce 2013 Middle East Philanthropy Awards winners

Islamic banking has become the fastest growing segment in the international financial system. (Image credit: Shutterstock)
December 17th, 2013 - 06:00 GMT

Is Islamic finance the sustainable banking model the banking world has been looking for?

UAE markets are quite strong despite nervousness in global markets. (Image credit: Shutterstock)
December 17th, 2013 - 06:00 GMT

UAE's DFM and ADX indices hit a five year high

In addition, around 25 per cent of respondents in the low-income category planned to increase their savings in the next six months while only 10 per cent of the non-savers plan to start saving in the coming six months.
December 17th, 2013 - 03:55 GMT

Less is more? In ironic twist, UAE's low income earners found to be saving more

However, the bank’s links to Egypt’s old guard, as well as the Qaddafi and Assad regime, led it to become a centre of controversy following the 2011 revolution.
December 16th, 2013 - 07:08 GMT

Egypt has a secret 'Swiss' bank, except everyone knows about it

With the exception of Saudi Arabia and Egypt, the traded value of Arab equities almost doubled in the first ten months of 2013 led by the UAE and Kuwait, according to a recent research note of Mubasher.
December 16th, 2013 - 01:28 GMT

With Saudi Arabia and Egypt seeing values drop, UAE and Kuwait lead Arab Markets

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