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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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Mashreq
August 29th, 2016 - 08:12 GMT

Mashreq strengthens leadership team with new Head of Asset Management Business

GIB's Chief Executive Officer, Mr. Abdulaziz A. Al-Helaissi
August 28th, 2016 - 08:31 GMT

Gulf International Bank extends its support to the Global Ministerial Aviation Summit in Riyadh this August

During the event
August 28th, 2016 - 08:26 GMT

CM inaugurates Doha Bank Kochi branch at Lulu Mall

Winners of the 'Win Gold' campaign
August 28th, 2016 - 05:04 GMT

Gulf Bank announces winners of its exciting “Win Gold This Summer Season” promotion

The ruling failed to hold the Lebanese Canadian Bank SAL responsible for financing the Lebanon-based Islamic group through its New York account with American Express Bank. (Yalibnan)
August 25th, 2016 - 05:30 GMT

Victims of Hezbollah attacks lose US court case against Lebanese Canadian Bank

In a trend reflected throughout the Gulf, Saudi Arabia has also turned to international markets to borrow money, raising a $10 billion international loan last month.  (Shutterstock)
August 24th, 2016 - 11:00 GMT

Saudi Arabia gears up for $5.3B domestic bond sale

STP citibank award
August 24th, 2016 - 07:44 GMT

Gulf Bank receives ‘Straight Through Processing Excellence’ award 2015 from Citibank

Mario Camara
August 24th, 2016 - 06:27 GMT

Saxo Bank continues MENA region build-out with key management appointments

During the event
August 23rd, 2016 - 05:13 GMT

Al Ansari Exchange wins ‘Preferred Remittance Centre of the Year’ for the second time at The Filipino Times Awards 2016

Eureeca said it now has 12,000 active investors from 42 countries with an average investment of $5,900. (Shutterstock)
August 23rd, 2016 - 04:29 GMT

Dubai's Eureeca attracts $400,000 in crowdfunding campaign

Banks and financial institutions have until the end of November 2016 to be in compliance with the terms of the circular. (File photo)
August 22nd, 2016 - 08:00 GMT

Lebanon: Rise in fraud prompts crackdown on unauthorized money lenders

Bank Nizwa - SQU Summer Course
August 22nd, 2016 - 05:28 GMT

Bank Nizwa partners with SQU to offer Islamic finance Summer Program

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