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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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Data released by Qatar Central Bank shows a surge in total private sector deposits at local banks. (AFP/ File)
May 3rd, 2017 - 10:27 GMT

Private Sector Deposits at Local Banks at Record Levels: Qatar Central Bank

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank
May 2nd, 2017 - 08:05 GMT

Burgan Bank Group announces 2017 first quarter earnings

Stabilizing oil prices, large international sovereign debt issuance and lower credit growth are expected to improve funding conditions for banks in the GCC over the next year. (AFP/ File)
May 2nd, 2017 - 07:07 GMT

Funding Pressures on GCC Banks to Ease this Year As Oil Recovers: Moody's

First Abu Dhabi Bank, which resulted from the merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank, launched on Monday its new brand identity including a new logo and slogan. (Twitter)
May 1st, 2017 - 01:53 GMT

First Abu Dhabi Bank to 'grow stronger' with new brand, logo and slogan

Headquartered in Amman, the Arab Bank is one of the Arab world's largest privately-owned banks and operates in 30 countries as of January 2016. (AFP/ File)
May 1st, 2017 - 09:16 GMT

Arab Bank records $218M net profit in Q1 2017

Mr. Omar Kutayba Alghanim, Gulf Bank’s Chairman
May 1st, 2017 - 07:16 GMT

Gulf Bank records an increase of 7% in Net Profit in Q1 2017

New Age Banking Summit.
April 30th, 2017 - 08:42 GMT

Bank Nizwa joins Oman’s finance experts at New Age Banking Summit 2017

Obaid Al Shamsi, Head of Human Resources & Administration, Dubai Islamic Bank
April 30th, 2017 - 07:26 GMT

DIB’s Human Resources Department receives ISO 9001:2015 certification for Quality Management Systems

On Wednesday, SAAB and Alawwal Bank topped the hikes of the Saudi Stock Exchange (Tadawul) after their possible merger announcement. (AFP/ Fayez Nureldine)
April 27th, 2017 - 10:02 GMT

Saudi Arabia's Alawwal Bank and SABB mull possible merger

During the event
April 27th, 2017 - 06:23 GMT

DIB hosts UAE’s top Sharia leaders to layout the future direction of industry’s compliance

Mashreq Bank Team
April 26th, 2017 - 09:17 GMT

To celebrate Mashreq Bank’s 50 year anniversary

Burgan Bank takes the opportunity of Al Isara’ Wal Miraj to extent its best wishes to all its customers celebrating the Islamic Holiday.
April 25th, 2017 - 06:22 GMT

Burgan Bank’s Airport Branch continues to serve its customers during Al Isra' Wal Miraj holiday

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