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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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Egyptia state-owned banks are likely to borrow from abroad in case its own resources of foreign exchange cease to cover the needs of its clients. (File Photo)
August 8th, 2016 - 05:00 GMT

Egypt's government banks rely on own resources for US dollars

MasterCard
August 8th, 2016 - 09:21 GMT

Mastercard and PAYFORT bring safe, convenient and seamless e-commerce and mobile payment solutions to the Middle East

28th Memorial Journey for Pearl Diving
August 8th, 2016 - 03:40 GMT

Gulf Bank hails success of 28th Memorial Journey for Pearl Diving

Noor Bank
August 7th, 2016 - 06:01 GMT

Noor Trade launches business credit card for SMEs

Gulf Bank
August 7th, 2016 - 05:09 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 24 July – 28 July 2016

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
August 2nd, 2016 - 11:30 GMT

Burgan Bank Group announces H1 2016 results

HE Younis Haji Al Khoori, Undersecretary of the Ministry of Finance
August 2nd, 2016 - 11:26 GMT

MoF issues its 7th Annual Statistical Report on the Gulf Common Market

Dubai Gold and Commodities Exchange
August 2nd, 2016 - 08:09 GMT

DGCX Volumes shine Amidst Market turmoil

Investors monitor stocks at Saudi Arabia's National Commercial Bank. (AFP/File)
August 2nd, 2016 - 08:00 GMT

Stock markets improve for Gulf while Egypt weakens

Mr. Hisham Alrayes, CEO of GFH Financial Group
August 2nd, 2016 - 05:45 GMT

GFH repays US$45 million of debt

Summer Campaign
August 2nd, 2016 - 05:14 GMT

Gulf Bank launches second part of the Summer Campaign – “Turn your purchases into Cash”

The Egyptian government is seeking a package of $4 billion a year over three years. (File photo)
August 1st, 2016 - 09:00 GMT

No preconditions on IMF loan, says Egypt

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