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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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Dr. Adnan Chilwan, Group Chief Executive Officer at Dubai Islamic Bank, receiving Banker of the Year Award
November 27th, 2016 - 06:49 GMT

Dubai Islamic Bank shines at the Islamic Business and Finance Awards

Dr. Adnan Chilwan, Group CEO of DIB & Ghaith Al Ghaith, CEO of Flydubai, launching the new Co-Branded Credit Card
November 24th, 2016 - 06:45 GMT

Dubai Islamic Bank and flydubai launch new Co-Branded Credit Card

The total global wealth in 2016 edged upwards by $3.5 trillion to a total of $256 trillion. (File photo)
November 23rd, 2016 - 12:30 GMT

Puttin on the ritz: UAE and Qatar enjoy highest average levels of wealth in MENA

 United Arab Emirates’s National Day
November 23rd, 2016 - 09:32 GMT

Burgan Bank celebrates UAE’s National Day by offering a free prepaid X-Change card in UAE Dirhams

During the event
November 23rd, 2016 - 09:23 GMT

Mastercard brings a cashless payment experience to IMG Worlds of Adventure

During the event
November 23rd, 2016 - 08:25 GMT

National Bank of Fujairah recognised with ‘Banker’s Choice Award’ at The Asian Banker Middle East and Africa Regional Awards 2016

Gulf Bank ratings
November 23rd, 2016 - 08:13 GMT

Moody’s affirms Gulf Bank’s stable outlook and solid revenue-generating capacity

Ignace Bauwens
November 23rd, 2016 - 05:59 GMT

Wyndham Hotel Group strengthens leadership team in Middle East and Africa with new appointment

The strategy will essentially focus on financially-alienated categories that include adults with low income rates, micro-, small- and medium-sized projects, women, young people, non-Jordanians and refugees. (File photo)
November 23rd, 2016 - 05:39 GMT

Jordan's national strategy for financial inclusion to target SMEs, women

The central bank chief noted that there has been no growth in the restructuring of loans by borrowers. (File photo)
November 22nd, 2016 - 09:30 GMT

Oman's Central Bank eases provisions for restructured loans

Talib Al Yarubi, Senior Manager of Head Office Branch at Bank Nizwa
November 22nd, 2016 - 06:37 GMT

Bank Nizwa shares quality management expertise during Ministry of Civil Service Training Program

Geetu Ahuja, Head of Middle East, North Africa and Pakistan, CIMA
November 22nd, 2016 - 04:54 GMT

CIMA launches fundamentals in finance for students

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