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- stc reports KD 342.5 million revenues, KD 34.1 million net profit for 2025
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27/11/2017 07:38 AST
RAKBank has announced the launch of its new savings deposit account called 'Recurring Deposits', that offers easy access to customers' funds, guaranteed principal, and the ability to earn up to 2.5 per cent interest on their savings.
Ideal for customers
With a minimum tenor of 12 months and a maximum of 5 years, the Recurring Deposits account is particularly ideal for customers that are planning to practice financial discipline, receive guaranteed returns, and gain high interest rate on their savings.
Peter England, RAKBank CEO, said, "The Bank's Recurring Deposit is a simple way for all our individual customers to implement savings as a financial obligation and turn it into a positive habit.
"People are burdened with expenses on a daily basis, where the option of savings is constantly set aside due to other obligations."
"Our Recurring Deposit helps our customers take small steps towards achieving their financial goals and save money for their future and for when they would like to purchase any big-ticket item."
WAM
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The National Bank of Ras Al Khaimah (RAKBANK) reported a 26% rise in full-year profit for 2025, with earnings after tax reaching Dh2.6 billion, as the lender recorded growth across deposits, lending
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Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading SME bank Rakbank to buy its me
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RAKBank's total assets increased by Dh12.2 billion, reflecting a growth of 15.5 per cent compared to the first quarter of 2024.
The National Bank of Ras Al Khaimah (RAKBank) on Monday annou
Khaleej Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
29/01/2026
Kuwait Telecommunications Company (stc) a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financia
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The Chairman of Kuwait International Bank (KIB), Sheikh Mohammed Jarrah Al-Sabah, announced the Group's financial results for the year ending on December 31, 2025, achieving a net profit of KD 30.1 m
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Mesaieed Petrochemical Holding Company (MPHC), yesterday announced a net profit of QR533m for the period ended December 31, 2025, representing a decline compared to previous year.
Commenting
The Peninsula
29/01/2026
Dukhan Bank has announced its diamond sponsorship of Web Summit Qatar, one of the world's leading technology and innovation platforms, to be held from 1 to 4 February 2026. The diamond sponsorship re
The Peninsula
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NMDC Group has moved to strengthen its execution capacity with the addition of a new self-propelled cutter suction dredger valued at Dh618 million, extending a fleet that already exceeds 170 vessels
Gulfnews
Financial Information Co.
Saudi Arabia