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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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During the event
December 16th, 2013 - 11:47 GMT

Doha Bank Chairman receives the Asian Business Leadership Forum Award

Arif Usmani, ADIB’s Global Head of  Wholesale Banking Business
December 16th, 2013 - 08:42 GMT

ADIB signs Memorandum of Understand to support Korean construction firms operating in Middle East

Farhad Irani Head of Retail Banking at Mashreq while receiving the award in London
December 16th, 2013 - 06:49 GMT

Mashreq achieves global recognition as the Best Banking Group in the UAE

NBK is the only Kuwaiti and the only Arab bank to take part in this consortium.
December 16th, 2013 - 03:55 GMT

After a long, long delay, NBK to finance Kuwait's first public private partnership ever!

During the signing
December 16th, 2013 - 03:55 GMT

Emirates NBD signs MoU with Construction Guarantee to expand contracting facilities to South Korean companies in GCC

Al Bawaba
December 15th, 2013 - 10:40 GMT

Al Ramz authorized to perform Direct Market Access with Dubai Financial Market

Al Bawaba
December 15th, 2013 - 05:07 GMT

NBK in consortium of international banks to arrange USD 1.43 billion financing for Az-Zour North Project in Kuwait

David Marshall, Senior Executive Officer, Emirates NBD Asset Management
December 15th, 2013 - 04:55 GMT

Emirates NBD Asset Management named ‘UAE Asset Manager of the Year’ for second year in succession

"Bloomberg" cites a source close to the matter as saying that Obama has already offered the job to Fischer who accepted it.
December 12th, 2013 - 02:17 GMT

Israel does control the US economy afterall? The Bank of Israel's former governor is about to lead the US Fed

During the event
December 12th, 2013 - 08:09 GMT

CIMA signs MoU with CORE for a fasttrack career in finance

There continues to be a growing corporate appetite in M&A activity in MENA. (Image credit: Shutterstock)
December 12th, 2013 - 07:26 GMT

Domestic deals drive 76% growth in MENA M&A activity

alizz islamic bank
December 12th, 2013 - 04:19 GMT

alizz islamic bank launches the first fully Shari'a compliant premium MasterCard credit cards in Oman

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