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Banking and Finance

Banking and Finance latest

Burgan Bank Shareholders Approve 6 Fils Cash Dividend and 5% Bonus Shares for 2025
March 29th, 2026 - 07:04 GMT

Burgan Bank Shareholders Approve 6 Fils Cash Dividend and 5% Bonus Shares for 2025

Burgan Bank K.P.S.C. (“Burgan Bank” or “the Bank”) held its 62nd Annual General Assembly Meeting on Saturday, 28 March 2026, at its headquarters, with a quorum of 83.122% of shareholders present, exceeding the minimum threshold of more than 50% as prescribed by regulatory guidelines and the Bank’s bylaws. During the meeting, shareholders reviewed the Bank’s financial results and operational performance for the fiscal year ended 31 December 2025, and approved the distribution of cash dividend of 6 fils per share, in addition to bonus shares of 5% (five shares for ...
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Iran's Foreign Minister Mohammad Javad Zarif (R) and his German counterpart, Frank-Walter Steinmeier, during a meeting on February 2, 2016, in Tehran. (Atta Kenare/ AFP)
June 28th, 2017 - 11:27 GMT

Germany Wants Better Banking Cooperation With Iran: Minister

Kim Tran - Head of Trade Sales and Advisory Europe and Americas, FAB
June 28th, 2017 - 09:36 GMT

FAB Named Best Trade Finance Bank in MENA

The company has set up a team of employees, who are committed to the highest standards of hygiene and safety, to distribute Iftar meals to workers across specified locations in the UAE throughout the holy month.
June 22nd, 2017 - 10:28 GMT

Al Ansari Exchange Distributes 7,000 Iftar Meals During the Holy Month of Ramadan

The Saudi Stock Exchange (Tadawul). (AFP/ File)
June 21st, 2017 - 07:48 GMT

Saudi Arabia Added to Watchlist for MSCI Emerging Market Index

Gulf Bank staff volunteered their time to visit children in seven hospitals over the course of one week.
June 21st, 2017 - 06:48 GMT

Gulf Bank Celebrates Gergean With Children in Kuwait

A currency trader in Tokyo observes progress in the US presidential election as a TV channel displays portraits of contenders Hillary Clinton and Donald Trump. (AFP)
June 20th, 2017 - 09:40 GMT

Tokyo Stocks Hit 22-Month High on Wall Street Gain, Weak Yen

Barclays. (File photo)
June 20th, 2017 - 09:23 GMT

UK Charges Barclays, Four Ex-Staff With Fraud Over Illegal Qatar Funds

The index score is based on insights from a panel of industry thought leaders, who form the Wealth Sentiment Index Council, which is composed of affluent individuals and industry experts (60%).
June 20th, 2017 - 07:52 GMT

FAB Wealth Sentiment Index up 1.56% in June

Kholoud Mousa. (SG)
June 19th, 2017 - 12:29 GMT

KPMG Saudi Arabia Appoints Kholoud Mousa as Partner in Jeddah

Financial data. (File photo)
June 19th, 2017 - 11:32 GMT

Opinion: Fintech Revolution in GCC, Friend or Foe?

Sanjay Malhotra, Chief of Consumer Banking, DIB
June 18th, 2017 - 10:40 GMT

Dubai Islamic Bank Launches “DIB Express Transfer” an Instant Remittance Solution to India

Moody’s rating reflects Bank Nizwa’s strong performance and the increasing penetration of Shari’a-compliant banking assets in Oman.
June 18th, 2017 - 08:21 GMT

Bank Nizwa Receives Moody’s Investment Grade Rating

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