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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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Mashreq Expands Global Footprint with Opening of Representative Office in Türkiye
June 26th, 2025 - 04:08 GMT

Mashreq Expands Global Footprint with Opening of Representative Office in Türkiye

Deloitte and AWS expand alliance to accelerate digital transformation across the Middle East
June 26th, 2025 - 03:58 GMT

Deloitte and AWS expand alliance to accelerate digital transformation across the Middle East

Bank ABC named ‘Best Digital Bank’ and ‘Best Bank for Sustainable Finance’ in Bahrain at Euromoney Awards for Excellence 2025
June 25th, 2025 - 05:13 GMT

Bank ABC named ‘Best Digital Bank’ and ‘Best Bank for Sustainable Finance’ in Bahrain at Euromoney Awards for Excellence 2025

Sharjah Islamic Bank Launches “Millionaire Draw” Campaign for Savings Accounts with Exceptional Rewards
June 24th, 2025 - 10:13 GMT

Sharjah Islamic Bank Launches “Millionaire Draw” Campaign for Savings Accounts with Exceptional Rewards

Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management
June 24th, 2025 - 10:11 GMT

Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management

Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025
June 24th, 2025 - 09:59 GMT

Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025

Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance service in EEMEA
June 24th, 2025 - 06:54 GMT

Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance service in EEMEA

ADIB Celebrates the graduation of “High-Flyer” Development Programme
June 23rd, 2025 - 09:01 GMT

ADIB Celebrates the graduation of “High-Flyer” Development Programme

KIB signs strategic partnership with IE Business School under Waed program
June 22nd, 2025 - 10:14 GMT

KIB signs strategic partnership with IE Business School under Waed program

Markaz Exited over USD100 million of Industrial Real Estate Projects in the US and Europe over the past few months
June 22nd, 2025 - 06:37 GMT

Markaz Exited over USD100 million of Industrial Real Estate Projects in the US and Europe over the past few months

Ajman Department of Land and Real Estate Regulation and Ajman Bank Sign Strategic MoU to Enhance Financial Integration
June 22nd, 2025 - 05:36 GMT

Ajman Department of Land and Real Estate Regulation and Ajman Bank Sign Strategic MoU to Enhance Financial Integration

Visa Expands Stablecoin Initiatives in CEMEA
June 22nd, 2025 - 05:31 GMT

Visa Expands Stablecoin Initiatives in CEMEA

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