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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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HSBC Switzerland is at the center of an international, multi-billion-dollar scandal. (AFP/File)
July 24th, 2016 - 06:00 GMT

Swiss Leaks revisited: Strong Egyptian presence in banking scandal

UAE Ministry of Finance
July 24th, 2016 - 05:38 GMT

MoF enhances the UAE’s global competitiveness

Gulf Bank
July 24th, 2016 - 05:15 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 10 July – 14 July 2016

Labor Minister Sejaan Azzi. (AFP/File)
July 24th, 2016 - 04:00 GMT

Lebanon amends daily minimum wage law, activists protest

Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21st, 2016 - 06:13 GMT

Lebanon to ensure local banks comply with US anti-Hezbollah law

Barclays is divesting its Africa unit as part of a plan to simplify its structure and seek higher shareholder returns. (AFP/Carl Court)
July 20th, 2016 - 10:00 GMT

Emirates NBD, MENA banks eye Barclays Egypt sale

The Central Bank of Jordan said that banks can invest up to 10 percent of their capital. (File photo)
July 20th, 2016 - 05:30 GMT

Jordan's banks buy into national investment fund

OAB Signing Agreement
July 18th, 2016 - 09:33 GMT

Oman Arab Bank introduces innovative insurance products for complete customer peace of mind

United Arab Bank
July 18th, 2016 - 05:54 GMT

Financial results – Q2 2016 UAB’s transformation strategy remains on track

Bank Nizwa’s Shari’a-compliant auto finance Ramadan campaign extended until July 31st 2016
July 17th, 2016 - 11:16 GMT

Bank Nizwa’s Shari’a-compliant auto finance Ramadan campaign extended until July 31st 2016

Despite negative elements, Moody’s noted that the private equity of Lebanese banks will remain stable in general. (File photo)
July 17th, 2016 - 09:18 GMT

Growing public debt in Lebanon major source of credit risk: Moody's

According to Euromonitor, the biggest challenge facing Egypt is insecurity. (File photo)
July 17th, 2016 - 08:00 GMT

Egypt's proposed pound devaluation unlikely to boost tourism: Analysts

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