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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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Shares of all three banks were suspended 15 minutes after the market opened, but resumed later after the statements from each bank were issued. (File photo)
November 21st, 2016 - 11:30 GMT

Abu Dhabi stocks drop as ADCB, UNB, ADIB deny merger rumors

Oman Arab Bank National Day Celebrations
November 21st, 2016 - 06:00 GMT

Oman Arab Bank celebrates 46 years of national progress and prosperity

UAE Ministry of Finance
November 21st, 2016 - 05:44 GMT

MoF holds workshop on IMF Fiscal Monitor

Thuraya Winner
November 20th, 2016 - 07:24 GMT

Burgan Bank announces the first winner of the new Al Thuraya Salary account monthly draw

Laila Al-Qatami and Ahmed Al-Fassam receiving the award on behalf of Gulf Bank
November 20th, 2016 - 06:28 GMT

Gulf Bank awarded “Best Customer Loyalty Programme in Kuwait” from Banker Middle East

As of June 30, 2016, HSBC Bank Middle East Limited had three branches in Lebanon and approximately $953 million in total assets. (File photo)
November 17th, 2016 - 06:30 GMT

BLOM's HSBC Lebanon acquisition comes closer to fruition

During the event
November 17th, 2016 - 05:47 GMT

Sharjah Islamic Bank wins the ‘Best Professional Practices Award for Internal Audit in the Private Sector’ for the 2nd consecutive year

Mercedes-Benz Oman - E-Class Automated Drive
November 16th, 2016 - 09:16 GMT

A Mercedes-Benz E-Class completes the First ever highly automated drive from Dubai to Abu Dhabi

Rohit Garg, Head of Business Banking, Mortgages, Deposits and Remittances at Mashreq
November 16th, 2016 - 09:12 GMT

Mashreq mortgage team to engage with customers through Facebook LIVE sessions

Oman's banks will remain fairly resilient as the expected economic slowdown pressures corporate profits,  household finances, and loan performance. (AFP/File)
November 15th, 2016 - 01:00 GMT

Outlook for Oman's banks raised to stable: Moody's

During the event
November 15th, 2016 - 09:58 GMT

National Bank of Fujairah enhances presence in home Emirate with new branch in Fujairah Free Zone

GIB’s employees at “Beauty and the Beach” clean-up day
November 15th, 2016 - 08:13 GMT

GIB’s “Beauty and the Beach” clean-up day on Nurana Island a big success

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