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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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United Arab Bank Net Profit up by 50% for the First Half of 2025
July 18th, 2025 - 12:58 GMT

United Arab Bank Net Profit up by 50% for the First Half of 2025

Mahmood Ali Zainal Announced as the First Luxury Villa Winner in NBB’s Thara’a June Prize
July 18th, 2025 - 05:25 GMT

Mahmood Ali Zainal Announced as the First Luxury Villa Winner in NBB’s Thara’a June Prize

Alkhabeer Capital and Fasanara Capital Sign Strategic Partnership Agreement to Unlock Fintech Private Credit in Saudi Arabia
July 17th, 2025 - 11:58 GMT

Alkhabeer Capital and Fasanara Capital Sign Strategic Partnership Agreement to Unlock Fintech Private Credit in Saudi Arabia

Dubai and Abu Dhabi Markets Close in on Record Highs Despite Trade Jitters
July 16th, 2025 - 07:39 GMT

Dubai and Abu Dhabi Markets Close in on Record Highs Despite Trade Jitters

DIB Strengthens Global Agri-Financing with Participation in Landmark US$1.85 Billion Facility for Olam Agri
July 16th, 2025 - 06:06 GMT

DIB Strengthens Global Agri-Financing with Participation in Landmark US$1.85 Billion Facility for Olam Agri

Sharjah Islamic Bank reports a net profit of AED 697.2 million for the first half of 2025, a 25% increase
July 16th, 2025 - 04:07 GMT

Sharjah Islamic Bank reports a net profit of AED 697.2 million for the first half of 2025, a 25% increase

Inovat wins FAB forward Fintech Challenge, run by First Abu Dhabi Bank and Mastercard
July 15th, 2025 - 06:58 GMT

Inovat wins FAB forward Fintech Challenge, run by First Abu Dhabi Bank and Mastercard

Kuwait eyes deeper financial sector engagement to support Vision 2035
July 15th, 2025 - 05:53 GMT

Kuwait eyes deeper financial sector engagement to support Vision 2035

ADCB reports profit before tax of AED 5.942 bn in H1’25, up 18% YoY and AED 3.035 bn in Q2’25, up 17% YoY
July 15th, 2025 - 05:19 GMT

ADCB reports profit before tax of AED 5.942 bn in H1’25, up 18% YoY and AED 3.035 bn in Q2’25, up 17% YoY

Mastercard Extends Partnership with Esports World Cup 2025
July 15th, 2025 - 05:02 GMT

Mastercard Extends Partnership with Esports World Cup 2025

Bank ABC recognised as the Best Bank in the Middle East for Transaction Banking by The Banker for a second time
July 14th, 2025 - 08:37 GMT

Bank ABC recognised as the Best Bank in the Middle East for Transaction Banking by The Banker for a second time

Markaz: GCC IPOs raise USD 3.4 billion in H1 2025
July 14th, 2025 - 07:32 GMT

Markaz: GCC IPOs raise USD 3.4 billion in H1 2025

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