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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 MAC was signed by HE Maadhad Hareb Mughair Al Khaili, UAE Ambassador to the Republic of France, in the presence of Mr. Rintaro Tamaki, Deputy Secretary-General of the OECD, and representatives from MoF and OECD.
April 24th, 2017 - 08:27 GMT

UAE signs Agreement on Mutual Administrative Assistance in Tax Matters (MAC)

The French private equity firm will invest $1.75 billion to acquire a majority stake in an existing $2.5 billion Mubadala equity portfolio (AFP/ File)
April 24th, 2017 - 05:00 GMT

Abu Dhabi's Mubadala concedes majority stake in $2.5B equity portfolio to French firm

Bank Nizwa - new Head of Shari'a compliance
April 23rd, 2017 - 11:15 GMT

Bank Nizwa appoints Dr Mansour Alqudah as Head of Shari’a compliance

Fahaheel 2nd branch opening
April 23rd, 2017 - 09:35 GMT

Burgan Bank marks 2nd branch opening in Fahaheel Residential Area today

The new feature entitles Premier customers to enter more than 600 lounges in over 300 airports around the world.
April 23rd, 2017 - 05:39 GMT

Burgan Bank’s Premier customers now have access to more than 600 lounges at international airports worldwide

His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank.
April 20th, 2017 - 05:31 GMT

Doha Bank achieves 2.9% profit growth with impressive ratios

Burgan Bank TRI Festival
April 19th, 2017 - 10:50 GMT

Burgan Bank gears up for its 2-day Triathlon festival in collaboration with ALCORNICHE Club tomorrow!

During the event
April 19th, 2017 - 09:36 GMT

Bank Nizwa holds Health, Safety and Environment training course for employees

Renault Al Babtain invites all customers to avail this limited time offer by visiting the showroom located in Al Rai.
April 19th, 2017 - 05:07 GMT

Renault Duster trade in campaign guarantees you an extra KD 750 above the highest trade in value for a limited time

Saudi Oger has attracted significant media attention lately as tens of thousands of foreign workers were left destitute and stranded, unpaid for months before being laid off. (AFP)
April 18th, 2017 - 05:25 GMT

Saudi Oger sells 2.8 percent stake in Saudi Investment Bank to cover debts

Hand in Hand Community Service Group
April 18th, 2017 - 10:59 GMT

Burgan Bank invests in youth through its sponsorship of Kuwait’s largest under 18 youth community service group ‘Hand in Hand’

IMA (Institute of Management Accountants)
April 18th, 2017 - 10:53 GMT

IMA announces new certification for strategy and competitive analysis

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