8 million dinars in revenues for the Center in the first half of 2026
Kuwait Financial Centre (Markaz) announced its financial results for the first half of 2026, with total revenues reaching 8.02 million dinars, compared to 14.45 million dinars in the first half of 2025. The second quarter of 2026 saw a recovery that offset the first quarter’s results, with total revenues for the quarter amounting to 10.68 million dinars, compared to negative revenues of 2.67 million dinars in the first quarter. This resulted in a net profit of 6.79 million dinars for the quarter, compared to a net loss of 6.76 million dinars, enabling the company to return to profitability and conclude the first half of the year with a net profit of 0.03 million dinars and earnings per share of 0.07 fils.
Markaz stated in a press release that geopolitical developments in the region during the first half of 2026 continued to cast a shadow on financial markets, particularly in Gulf countries. Despite these challenges, the Kuwait Stock Exchange’s general market index maintained relative stability. Notably, Gulf markets demonstrated resilience in the face of geopolitical uncertainty, reflecting the impact of reforms implemented in recent years and the sound fiscal policies adopted by Gulf states. Furthermore, sovereign bond yields in GCC countries remained at favorable levels, reflecting global investors’ confidence in the stability of current conditions in the region and their optimism about future prospects.
In the investment banking sector, Markaz continued to build a strong base of high-quality transactions, including providing valuation and financial advisory services to companies and family businesses with strong financial standing. Meanwhile, real estate portfolios managed by Markaz, both within Kuwait and abroad, maintained stable levels of occupancy rates, rental yields, and collection rates.
Markaz continued to identify investment opportunities in private credit, private infrastructure, and project development financing. Total assets under management reached 1.57 billion dinars as of June 30, 2026, compared to 1.56 billion dinars during the same period last year.
During the second quarter of the year, Markaz launched 24-hour trading in the US market through its digital platform, iMarkaz Invest, allowing clients to monitor and trade eligible US stocks and index funds outside regular trading hours. This provides investors with greater flexibility to respond promptly to economic and geopolitical developments and events impacting global markets as they occur.
As customer needs continue to evolve, Markaz is expanding its range of investment services and products across private markets, alternative investments, and advisory services, focusing on deepening relationships with institutional and high-net-worth individual clients and providing investment solutions aligned with their long-term investment objectives.
