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Banking and Finance

Banking and Finance latest

Al Ansari Financial Services’ Shareholders Approve 2025 Dividend at Annual General Meeting
March 27th, 2026 - 06:59 GMT

Al Ansari Financial Services’ Shareholders Approve 2025 Dividend at Annual General Meeting

Al Ansari Financial Services PJSC (“Al Ansari Financial Services” or “the Group”) announced that its shareholders have approved the Board of Directors’ recommendation to distribute a total cash dividend of AED 297 million (4 fils per share) for the financial year ended 31 December 2025. This represents 74% of the Group’s net profit after tax. The approved dividend includes a final dividend of AED 148.5 million (2 fils per share) for the second half of the year, following an equivalent payout for the first half of 2025, demonstrating the Group’s ...
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The event was attended by all MEPS employees and senior management.
June 18th, 2017 - 07:19 GMT

Middle East Payment Services Organizes Recreational Event for Employees

US dollars. (File photo)
June 15th, 2017 - 09:29 GMT

Egypt's Central Bank Removes Limits on Foreign Currency Transfers

The new rules provide an opportunity for fintech businesses around the world to expand and thrive in Bahrain and the Gulf. (Eric Piermont/ AFP)
June 14th, 2017 - 06:45 GMT

Bahrain Launches New Rules for Fintech Firms

Maryam Bahlooq, Emirates NBD new Chief Executive Officer. (Trade Arabia)
June 13th, 2017 - 10:30 GMT

Emirates NBD Gets First Female Emirati CEO

As part of its sponsorship, MEPS was the event’s exclusive payment service provider. (MEPS)
June 13th, 2017 - 09:45 GMT

Middle East Payment Services Sponsors ‘Ahlan Ramadan’ Bazar

Mr. Hussain Al Qemzi, Managing Director, Noor Bank, and Robin Amlot, CEO of CPI Financial, with the award winners at a ceremony organised at the Noor Bank headquarters in Dubai.
June 12th, 2017 - 10:54 GMT

Noor Bank Scoops Several Accolades at CPI Financial’s Banker Middle East Product Awards 2017, Industry Awards 2017

NBF Islamic has grown at a phenomenal pace, recording an operating income of AED 60.4 million in 2016.
June 11th, 2017 - 10:09 GMT

NBF Islamic Recognised as the Best “Shari’a-Compliant Window of the Year” at the Banker’s Islamic Bank of the Year Awards 2017

Jalil AlAali, Partner and Head of Financial Services at KPMG in Bahrain commented on the acquisition
June 11th, 2017 - 09:26 GMT

KPMG Acquires Matchi, Global Fintech Innovation and Matchmaking Platform

Abdullah Al-Dayel, founder and CEO of Qoyod. (AN)
June 11th, 2017 - 08:51 GMT

Accounting Platform for Entrepreneurs Launched in Saudi Arabia

Distribution of the boxes will be carried out by the Kuwait Food Bank and LOYAC’s community service program.
June 11th, 2017 - 07:00 GMT

Gulf Bank Partners With Saveco to Donate Foodstuff Boxes to Families in Need

China Construction Bank's market capitalization reached $192.6 billion in 2016, the fifth highest of any bank in the world. (Photo: Reuters)
June 11th, 2017 - 07:00 GMT

China Construction Bank Lists $1.2 Billion Bond on Nasdaq Dubai

In 2016, SABB continued its focus on client service, product innovation and the development of trade opportunities for clients.
June 7th, 2017 - 10:25 GMT

SABB Voted ‘Best Trade Finance Bank’ for the 9th Consecutive Year

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