"The Ordinary General Assembly of the Kuwait Financial Centre (Markaz) has approved the distribution of cash dividends of 7 fils per share, representing 7 percent, for the fiscal year ending on December 31, 2024.  

In a press statement today, Monday, following the General Assembly meeting held yesterday, Sunday, with an attendance rate of 73.1 percent, the company's Chairman of the Board, Dharar Al-Ghanim, stated that Markaz achieved a net profit of 4.46 million Kuwaiti dinars (approximately 14.48 million US dollars) for the year 2024.  

Al-Ghanim added that the total revenues for 2024 amounted to 20.31 million dinars (approximately 65.9 million dollars), compared to 26.32 million dinars (approximately 85.4 million dollars) for the same period last year.  

He explained that the economic outlook in the Gulf Cooperation Council (GCC) countries will remain positive despite potential challenges arising from oil price fluctuations. Although this affects financial planning, it serves as an incentive to enhance economic diversification efforts in the region.  

He anticipated that sustainable investments in infrastructure and technological advancements will strengthen the economic foundation of the region, supporting long-term growth and stability in 2025.  

The Kuwait Financial Centre (Markaz) was established in 1974 and listed on the Kuwait Stock Exchange in 1997. It operates in the fields of asset management, financial services, and financing."