Browsing: Continued

By Rafiq Vayani DOHA: Qatar today welcomed its first leisure charter flight from Yerevan, Armenia, at Hamad International Airport (HIA), marking an important milestone in the continued growth of inbound leisure tourism and the diversification of source markets. Operated by FlyOne in partnership with Rustar Tour Operator, the service connects Yerevan (EVN) and Doha (DOH) … The post Qatar Welcomes First Leisure Charter Flight from Armenia appeared first on Biz Today.

Steady business performance underpinned by prudent risk management and balance sheet resilience amid a complex and evolving operating environment Executive Highlights Chairman, Sheikh Abdullah Nasser Al-Sabah Sustained performance supported by a strong balance sheet and disciplined execution Prudent risk management supporting improved asset quality and portfolio resilience Strategic capital enhancement initiative underway through the planned KD 50 million rights issue Group Chief Executive Officer, Mr. Tony Daher Broad-based revenue growth driven by stronger core income streams and diversified business performanc

Reflecting continued progress in its sustainability strategy and ESG commitment Kuwait, XX July 2026: Burgan Bank K.P.S.C. (“Burgan” or the “Bank”) announces that it remains a constituent of the FTSE4Good Index Series following the review by FTSE Russell in June 2026. The FTSE4Good Index Series, developed by global index and data provider FTSE Russell, is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. This index series is used by a wide variety of market participants to create and assess responsible investment funds and other product

At the 62nd Annual General Assembly Meeting Kuwait, 29 March 2026 – Burgan Bank K.P.S.C. (“Burgan Bank” or “the Bank”) held its 62nd Annual General Assembly Meeting on Saturday, 28 March 2026, at its headquarters, with a quorum of 83.122% of shareholders present, exceeding the minimum threshold of more than 50% as prescribed by regulatory guidelines and the Bank’s bylaws. During the meeting, shareholders reviewed the Bank’s financial results and operational performance for the fiscal year ended 31 December 2025, and approved the distribution of cash dividend of 6 fils per share, in addition to bon

Kuwait, 16 March 2026: Kuwait International Bank (KIB) held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Monday, 16 March 2026, with 76.05% of shareholders in attendance. During the meeting, all agenda items of both the Ordinary and Extraordinary General Meetings were approved, including the Board of Directors’ recommendation to distribute cash dividends at a rate of 8% of the nominal value per share (8 fils per share) and 5% bonus shares (5 shares per 100 shares) for the year ended 31 December 2025. While giving an overview of the KIB Group’s financial performance and achievements, Sheikh Moham

Board of Directors proposed an additional cash dividend distribution to the shareholders of 8% of the nominal share value (QAR 0.08 per share), subject to QCB approval and shareholders’ approval at the AGM, taking the total cash dividend for the FY 2025 to 16% of the nominal share value (QAR 0.16 per share) Highest-ever profitability underpinned by a persistent year-on-year growth in net banking income by 6% Group’s total assets reached the highest levels at QAR 123.8 billion The Bank achieved an impressive growth of 21% in current and savings accounts, underscoring customers’ confidence and the strength of the B