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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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Gulf Bank
July 3rd, 2016 - 05:00 GMT

Gulf Bank announces winners of its Quarterly Trio Draw

Debit cards for accounts in foreign currency can still be used abroad up to a limit of $100,000 as per a 2014 directive. (File photo)
June 30th, 2016 - 12:00 GMT

Egypt: Foreign currency crisis prompts ban on use of debit cards overseas

Essa Kazim - Governor of DIFC, Chairaman of DIFC Auothrity Board
June 30th, 2016 - 10:07 GMT

HSBC Bank Middle East limited completes transfer to the Dubai International Financial Centre

Gulf Bank
June 30th, 2016 - 03:40 GMT

Gulf Bank’s Second Quarterly TRIO draw takes place today

This transaction constitutes the third investment of EuroMena III after its recent investment in Elephant in Nigeria and Jasmin in Tunisia. (The Daily Star)
June 29th, 2016 - 12:00 GMT

Credit Libanais gets $20M EuroMena Fund injection

During the signing ceremony
June 29th, 2016 - 08:29 GMT

Mashreq and Arady Properties launch the UAE’s first Qualified Investment Real Estate Fund

The Financial Action Task Force called on countries to "continue to advise their financial institutions to apply enhanced due diligence to (Iranian) business relationships and transactions." (Shutterstock)
June 29th, 2016 - 07:00 GMT

Iran's FATF restrictions partially lifted but blacklisted status remains

Salary Account draw and Red Account draw
June 29th, 2016 - 03:40 GMT

Gulf Bank’s Monthly Salary Account and Red Account Draws are set to take place live on Marina FM

Banque Saudi Fransi
June 27th, 2016 - 08:18 GMT

Banque Saudi Fransi confirms latinum sponsorship for Saudi Trade Finance Summit

During the event
June 27th, 2016 - 06:47 GMT

Al Noor-Bank of Sharjah Ramadan CSR Football Tournament creates an exhilarating experience for corporate players across the UAE!

During the event
June 27th, 2016 - 06:12 GMT

Mashreq to commence construction of new HQ in Downtown Dubai

Dr. Adnan Chilwan, Dubai Islamic Bank Group Chief Executive Officer
June 27th, 2016 - 05:21 GMT

Dubai Islamic Bank rights issue massively oversubscribed to reach nearly AED 9 billion

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