KUWAIT CITY - Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq announced that KFH achieved a net profit of KD 342.1 million for the first half of 2025 for the Bank shareholders.
Recognising Palestine would mean Israel loses all ‘leverage’ over Hamas
Shadow Finance Minister James Paterson said it will be a “very long time” before recognition of a Palestinian state, given Hamas shows “no interest” in returning the hostages or demilitarising. “We ...
Kuwait issues $500m batch of bonds to cover its deficit
Kuwait has issued a new tranche of bonds and sukuk with a value of KD150 million ($495 million) to cover its fiscal deficit. Monday’s issue was the fourth tranche, with a total KD850 million issued ...
Oman: FSA denies minimum price hike for vehicle insurance
The Authority urged policyholders and the public to rely on its official social media channels for accurate and updated information on the insurance market ...
Genting Singapore sees another leadership shuffle with new COO and CFO appointments
Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years. Read more at The Business Times.
Singapore’s OCBC sees lower 2025 net interest income after Q2 profit falls
Singapore’s second-largest bank, on Friday cut its net interest income outlook for 2025 after clocking a drop in its second-quarter net profit, albeit in line with expectations.
UAE: Want to become a finfluencer? Applications for financial literacy programme open
Recent studies indicate that 50 per cent of UAE residents spend more than they earn, while over 60 per cent are in debt ...
Uzbekistan, World Bank Collaborate To Boost Startup Ecosystem
Tashkent, Uzbekistan, August 2. Representatives of Uzbekistan held a meeting with the World Bank to discuss the development of the ...
Pakistan, Kyrgyzstan join hands to boost crypto future
Pakistan and Kyrgyzstan have agreed to work together in the fast-growing sectors of cryptocurrency and blockchain technology. This decision came after a high-level video conference between Minister of ...
Pakistan, Kyrgyzstan join hands to boost crypto future
Pakistan and Kyrgyzstan have agreed to work together in the fast-growing sectors of cryptocurrency and blockchain technology. This decision came after a high-level video conference between Minister of ...