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Banking and Finance

Banking and Finance latest

Al Ansari Financial Services’ Shareholders Approve 2025 Dividend at Annual General Meeting
March 27th, 2026 - 06:59 GMT

Al Ansari Financial Services’ Shareholders Approve 2025 Dividend at Annual General Meeting

Al Ansari Financial Services PJSC (“Al Ansari Financial Services” or “the Group”) announced that its shareholders have approved the Board of Directors’ recommendation to distribute a total cash dividend of AED 297 million (4 fils per share) for the financial year ended 31 December 2025. This represents 74% of the Group’s net profit after tax. The approved dividend includes a final dividend of AED 148.5 million (2 fils per share) for the second half of the year, following an equivalent payout for the first half of 2025, demonstrating the Group’s ...
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HSBC Saudi Arabia Agrees to Relocate 3 Units to SABB’s Unit
May 19th, 2021 - 10:10 GMT

HSBC Saudi Arabia Agrees to Relocate 3 Units to SABB’s Unit

UAE Central Bank Imposes Sanctions on S&S Brokerage House for Violating Rules
May 19th, 2021 - 08:00 GMT

UAE Central Bank Imposes Sanctions on S&S Brokerage House for Violating Rules

ADIB Strengthens Its Presence In Iraq By Launching A Digital Platform For Corporates
May 19th, 2021 - 07:56 GMT

ADIB Strengthens Its Presence In Iraq By Launching A Digital Platform For Corporates

Monthly Remittances to Pakistan Remain Hit $2.8 Billion in April
May 19th, 2021 - 07:00 GMT

Monthly Remittances to Pakistan Remain Hit $2.8 Billion in April

Egypt: Neobank Telda Raises $5 Million in Pre-Seed Round Led by Sequoia
May 18th, 2021 - 12:00 GMT

Egypt: Neobank Telda Raises $5 Million in Pre-Seed Round Led by Sequoia

US Dollar Plummets As Investors Bet On Fed Keeping Interest Rates Low
May 18th, 2021 - 11:30 GMT

US Dollar Plummets As Investors Bet On Fed Keeping Interest Rates Low

SWIFT, Accenture Publish Joint Paper Aims At Exploring CBDCs
May 18th, 2021 - 10:00 GMT

SWIFT, Accenture Publish Joint Paper Aims At Exploring CBDCs

Elon Musk Dethroned As World's Second Richest Man After Tesla Shares, Bitcoin Price Dip
May 18th, 2021 - 08:00 GMT

Elon Musk Dethroned As World's Second Richest Man After Tesla Shares, Bitcoin Price Dip

HSBC Sharpens Focus Of Saudi Arabia Investment Banking Unit
May 18th, 2021 - 07:31 GMT

HSBC Sharpens Focus Of Saudi Arabia Investment Banking Unit

NBO And ‘Entertainer’ Partnership Opens Up Thousands Of Offers For Customers
May 17th, 2021 - 01:57 GMT

NBO And ‘Entertainer’ Partnership Opens Up Thousands Of Offers For Customers

Burgan Bank Announces Names Of The Daily Lucky Winners Of Yawmi Account Draw
May 17th, 2021 - 01:39 GMT

Burgan Bank Announces Names Of The Daily Lucky Winners Of Yawmi Account Draw

S&P: Saudi Bank Mortgage Portfolios to Expand 60 Percent Over the Next Two Years
May 17th, 2021 - 11:00 GMT

S&P: Saudi Bank Mortgage Portfolios to Expand 60 Percent Over the Next Two Years

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