Kuwait Financial Centre (Markaz) Reports Net Profit of 6.79 Million Dinars in the Second Quarter of 2026

Kuwait City, Aug 12 (KUNA) -- Kuwait Finance House announced on Wednesday that it achieved net profits of 6.79 million Kuwaiti dinars (approximately $21.9 million) in the second quarter of 2026. In a press release, the company stated that the second quarter of 2026 witnessed a recovery that helped offset the results of the first quarter of the same year, with total revenues reaching 10.68 million dinars (approximately $34.3 million), compared to 2.67 million dinars (approximately $8.6 million) in the first quarter. The company clarified that total revenues for the first half of 2026 amounted to 8.2 million dinars (approximately $25.8 million), down from 14.4 million dinars (approximately $46.7 million) for the same period in 2025. The company attributed the current downturn in capital markets during the first half of 2026 to geopolitical developments in the region, which continued to cast a shadow over the markets. Kuwait Finance House was established in 1974 and operates in the fields of asset management and investment banking services. The company was listed on the Kuwait Stock Exchange in 1997. (End) M.W.A. / A.M.H.