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Banking and Finance

Banking and Finance latest

DIB Shareholders Approve AED 2.53 billion Cash Dividend at Annual General Assembly
April 2nd, 2026 - 05:59 GMT

DIB Shareholders Approve AED 2.53 billion Cash Dividend at Annual General Assembly

DIB (DFM: DIB), the world’s leading Islamic financial group and the largest in the UAE, convened its Annual General Assembly (AGM), during which shareholders reviewed and approved all agenda items including the Bank’s financial statements for the year ended 31 December 2025, Board of Directors’ recommendation to distribute a cash dividend of 35 fils per share, along with other tabled resolutions presented to the Assembly. The outcome reflects another year of financial resilience, with consistent earnings delivery and measured balance sheet growth. Operating revenues reached AED 13.3 billion, while pre-tax ...
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Rashid Saeed Al Rumaihi, Winner of Ghina Savings Account
September 11th, 2011 - 07:05 GMT

9-year old Emirati wins AED 2 million ADIB Ghina draw

Al Bawaba
September 11th, 2011 - 06:41 GMT

Qatar First Investment Bank to sponsor Private Equity MENA Business Summit 2011

Gareth Powell, Head of Human Resources First Gulf Bank
September 11th, 2011 - 06:05 GMT

FGB appoints new Head of HR

Al Bawaba
September 11th, 2011 - 05:59 GMT

Mashreq appoints Head of Corporate Investment Banking Group

Al Bawaba
September 11th, 2011 - 05:42 GMT

RAKIA and Department of Economic Development in RAK launch second edition of Global Arab Business Meeting

Despite the government’s long-term plans to diversify the economy, the hydrocarbon sector will continue to dominate the Omani economy over the medium term, leaving banks’ earnings susceptible to volatility
September 10th, 2011 - 12:35 GMT

Omani banks warned on overexposure

Egypt plans to finance its budget deficit for the fiscal year that began on July 1 mainly by selling LE 120 billion in domestic treasury bills and bonds
September 8th, 2011 - 02:02 GMT

Egypt to rely on local market for financing

Al Bawaba
September 8th, 2011 - 09:07 GMT

NBAD MasterCard holders to win Mercedes-Benz S300

To pursue growth across borders in the Middle East, asset managers must first develop a clear view about which markets they would like to enter given their current capabilities and resources
September 7th, 2011 - 02:47 GMT

Middle East mutual funds sector facing challenges

Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance
September 7th, 2011 - 12:34 GMT

UAE hosts exceptional meeting for the Council of Arab Ministers of Finance in Abu Dhabi

Al Bawaba
September 7th, 2011 - 07:22 GMT

Stay invested, says Barclays Wealth

AXA Insurance
September 7th, 2011 - 07:01 GMT

AXA unravels Employee Assistance Programmes in Gulf; offers new approach to manage life & health

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