Kuwait’s Gulf Bank has selected 15 projects to enroll in the second edition of Fikra Program and debut the training phase.
Gulf Bank is the gold sponsor of Fikra Program which transforms ideas into businesses, said a statement.
Leading Kuwaiti lender Gulf Bank said its Al Danah Account (with prize money of KD1 million ($3.2 million) has set new Guinness World Record for ‘The Largest Prize Linked to a Bank Account’ at its annual millionaire draw event held o
Kuwait-based Gulf Bank has announced that it has obtained investment licences from the Capital Market Authority (CMA) in Kuwait.
The licenses were granted to the bank to practice as: Portfolio manager, custodian, investment
Gulf Bank, the fourth-largest lender in Kuwait by assets, has appointed Antoine Daher as its new chief executive officer replacing Cesar Gonzalez-Bueno.
Daher was earlier the bank’s deputy CEO (Wholesale Banking). Prior to t
Gulf Bank, Kuwait's fourth-largest lender by assets, has reported a net profit of KD32.8 million ($108 million) for the first nine months, up 11 per cent over KD29.6 million ($98 million) for the same period last year.
Gulf International Bank (GIB), a leading bank in the Middle East, reported a net income of $31.2 million after tax in the second quarter (Q2) of the year, compared to $20.9 million in the prior year period.
The bank’s consol
Gulf Bank, Kuwait's fourth-largest lender by assets, reported a 34.4 percent rise in second-quarter net profit on Sunday, as income from fees and investments edged higher.
Net profit for the three months to June 30 was KD11.93
Kuwait-based Gulf Bank, a leading financial services provider, said it was honoured with two awards by International Finance Magazine.
London-based International Finance Magazine is a leading source of information, analysis and in
Gulf Bank, a leading lender in Kuwait, has registered a net profit of KD8.8 million ($29 million) for the first quarter of 2016.
This figure is down by KD 1 million year over year, said a statement from the Kuwaiti bank.
Kuwait's Gulf Bank will ask shareholders to approve a number of measures it is considering to help boost its capital reserves at a meeting scheduled for March 9, it said in a bourse filing.
The country's fourth-largest len