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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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SICO Signs a Letter of Intent with The Arab Authority for Agricultural Investment and Development (AAAID) to Boost Agricultural Investment and Food Security
June 2nd, 2025 - 05:45 GMT

SICO Signs a Letter of Intent with The Arab Authority for Agricultural Investment and Development (AAAID) to Boost Agricultural Investment and Food Security

Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking
June 2nd, 2025 - 04:30 GMT

Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking

Burgan Bank Participates in IDC Kuwait CIO Summit 2025
June 2nd, 2025 - 04:14 GMT

Burgan Bank Participates in IDC Kuwait CIO Summit 2025

NBB Launches Fully Digital Supply Chain Finance Solution to Enhance Working Capital Efficiency
June 2nd, 2025 - 03:59 GMT

NBB Launches Fully Digital Supply Chain Finance Solution to Enhance Working Capital Efficiency

Boursa Kuwait continues its efforts to increase ESG awareness and highlight its strategic long-term value creation
June 2nd, 2025 - 03:48 GMT

Boursa Kuwait continues its efforts to increase ESG awareness and highlight its strategic long-term value creation

KIB celebrates graduation of three staff members from Harvard Executive Leadership Program
June 1st, 2025 - 03:35 GMT

KIB celebrates graduation of three staff members from Harvard Executive Leadership Program

البنك العربي يطلق حملة ترويجية خاصة بالقروض السكنية
May 30th, 2025 - 06:16 GMT

البنك العربي يطلق حملة ترويجية خاصة بالقروض السكنية

Investcorp Capital Successfully Exits $550 million of Multifamily Assets at a Premium
May 30th, 2025 - 06:06 GMT

Investcorp Capital Successfully Exits $550 million of Multifamily Assets at a Premium

Ajman Bank partners with Canon Middle East to implement sustainable print initiatives
May 30th, 2025 - 05:27 GMT

Ajman Bank partners with Canon Middle East to implement sustainable print initiatives

United Arab Bank partners with Emirates Face Recognition (EFR)  to Launch a Seamless and Secure Digital Banking Experience via Its New Mobile App.
May 30th, 2025 - 05:17 GMT

United Arab Bank partners with Emirates Face Recognition (EFR) to Launch a Seamless and Secure Digital Banking Experience via Its New Mobile App.

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum
May 30th, 2025 - 04:34 GMT

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk
May 30th, 2025 - 04:32 GMT

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk

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