Sunday 22 January 2017
 
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Gulf Bank

Gulf Bank announces 15 projects for Fikra Program

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.

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Gulf Bank sets world record for ‘Largest prize money'

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

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Gulf Bank wins investment licences from CMA

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

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Daher named new Gulf Bank CEO

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

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Gulf Bank's nine-month profit surges to $108m

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. The ban

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Gulf International Bank Q2 profits top $31m

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

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Gulf Bank Q2 net profit rises 34.4pc

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

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Gulf Bank wins two awards from finance magazine

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

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Gulf Bank posts $29m net profit in Q1

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.

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Gulf Bank seeks shareholder nod to boost capital

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

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