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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 $17.5B bond issue kicks off the efforts by the Kingdom to plug its large budget deficit of $87 billion this year due to a hole left by oil prices, which have fallen more than a half from the peak seen in 2013. (File photo)
October 20th, 2016 - 04:10 GMT

Saudi Arabia gears up for record $17.5B bond issue

Doha Bank
October 19th, 2016 - 07:33 GMT

Board Excellence is the key to promote sustainable development

Solveig Nicklos BIBF Director and Raghav Prasad GM for Gulf Countries Mastercard
October 19th, 2016 - 05:28 GMT

Mastercard and Bahrain Institute of Banking & Finance collaborate to spur skill development in the regional financial sector

During the celebration
October 18th, 2016 - 06:49 GMT

Oman Arab Bank celebrates with its female workforce

During the signing
October 18th, 2016 - 05:18 GMT

Mastercard signs MoU with Tunisian Post to develop new digital financial services

GCC sovereigns' financing needs will likely remain substantial over the next several years, given the region's almost uniform dependence on hydrocarbons. (File photo)
October 18th, 2016 - 04:37 GMT

GCC sovereign finance may need up to $560B: S&P

A small number of potential buyers from the Middle East are vying for Oger's stake in Arab Bank, including Saudi Arabia's al-Hokair family. (File photo)
October 17th, 2016 - 10:58 GMT

Saudi Oger looks to offload its 20 percent stake in Arab Bank

HBMSU stand in GITEX
October 17th, 2016 - 08:55 GMT

HBMSU showcases Smart Campus & other ‘smart’ learning solutions at GITEX 2016

The decision to walk away from the merger comes four months after the banks agreed terms of the share-swap ratio for the deal. (Twitter)
October 17th, 2016 - 08:00 GMT

Deal's off: Oman's Bank Dhofar and Bank Sohar abandon merger plans

During the event
October 16th, 2016 - 09:34 GMT

Doha Bank is the first bank in Qatar to achieve accredited certification for ISO

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
October 16th, 2016 - 08:46 GMT

A statement by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs on GITEX Technology Week 2016

Abdul Rahman Al Thehaiban, Senior Vice President - Tech, Middle East and Africa, Oracle
October 16th, 2016 - 07:32 GMT

FGB expands analytics capabilities in partnership with Oracle to enhance customer experience

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