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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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Waha Capital Reports Strong First Half Results as Net Profit Attributable to Shareholders Rises to AED 209 Million
August 1st, 2025 - 07:48 GMT

Waha Capital Reports Strong First Half Results as Net Profit Attributable to Shareholders Rises to AED 209 Million

Invest Bank Launches “Sharjah Inspired Design Challenge”
August 1st, 2025 - 07:43 GMT

Invest Bank Launches “Sharjah Inspired Design Challenge”

UAE’s affluent investors lead global shift to alternatives and gold
August 1st, 2025 - 07:36 GMT

UAE’s affluent investors lead global shift to alternatives and gold

 UAE’s Largest Bank FAB Relocates to New London Address Cementing 48-Year Legacy in the UK
August 1st, 2025 - 07:32 GMT

UAE’s Largest Bank FAB Relocates to New London Address Cementing 48-Year Legacy in the UK

Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million
August 1st, 2025 - 04:55 GMT

Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million

CBI reports pre-tax net profit of AED 93m in H1’25, up 4% Year-on-Year and AED 48m for Q2’25
August 1st, 2025 - 04:38 GMT

CBI reports pre-tax net profit of AED 93m in H1’25, up 4% Year-on-Year and AED 48m for Q2’25

Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership
July 31st, 2025 - 11:20 GMT

Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership

LuLu Exchange Expands Footprint with New Customer Engagement Center at Zakher Mall, Muscat
July 31st, 2025 - 07:24 GMT

LuLu Exchange Expands Footprint with New Customer Engagement Center at Zakher Mall, Muscat

Burgan Bank Reports Stable Financial Performance for H1 2025
July 31st, 2025 - 06:25 GMT

Burgan Bank Reports Stable Financial Performance for H1 2025

Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
July 30th, 2025 - 01:27 GMT

Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem

Ajman Bank and MENSA Technologies Announce Strategic Alliance to Transform WPS Services in the UAE
July 30th, 2025 - 10:34 GMT

Ajman Bank and MENSA Technologies Announce Strategic Alliance to Transform WPS Services in the UAE

Gulf Capital Successfully Exits ART Fertility Clinics’ Middle East Operations Selling Its Stake to IVI-RMA Global, World Leader in Fertility and Assisted Reproduction
July 30th, 2025 - 08:35 GMT

Gulf Capital Successfully Exits ART Fertility Clinics’ Middle East Operations Selling Its Stake to IVI-RMA Global, World Leader in Fertility and Assisted Reproduction

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