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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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During the event
June 27th, 2016 - 03:44 GMT

Gulf Bank celebrates Girgi’an with children of Kuwait

Noor Bank
June 26th, 2016 - 06:54 GMT

Noor Bank offers guaranteed gifts to cardholders on international spends during summer

Gulf Bank
June 26th, 2016 - 06:10 GMT

4 days left to enter Al Danah’s KD500,000 draw

The ban comes after the CSRD sentenced MMG founder Mohammad Al-Mojil and his son Adel Al-Mojil, the firm’s chairman, to five years in jail on Thursday. (Deloitte)
June 23rd, 2016 - 10:00 GMT

Deloitte 'disappointed' after two-year ban decision by Saudi regulator

Qatar's Mayhoola also owns the Valentino label. (AFP/File)
June 22nd, 2016 - 12:30 GMT

Qatar's Mayhoola buys Balmain fashion house

During the event
June 22nd, 2016 - 09:38 GMT

Oman Arab Bank volunteers distribute food hampers to low income families

Corneliani was founded in 1958 and is one of Italy’s longest standing independent brands. (Corneliani)
June 22nd, 2016 - 07:30 GMT

Bahrain's Investcorp acquires majority stake in Italian luxury menswear brand Corneliani

Gulf Bank
June 22nd, 2016 - 05:29 GMT

Gulf Bank wins ‘Best Commercial Bank of the Year’ and ‘Best Innovation in Retail Banking’ in Kuwait from International Banker

The AfDB is set to loan Egypt a total of $1.5 billion over the course of three years.   (F. Dubessy)
June 21st, 2016 - 08:00 GMT

Egypt appeals to African Development Bank to release $500M loan

PwC
June 21st, 2016 - 06:08 GMT

PwC: GCC companies should take action now to prepare for VAT and Excise Tax

Subroto Som, Head of Retail and Anindo Bhattacharya, Head of Direct Business
June 20th, 2016 - 08:59 GMT

Mashreq sets the precedent for everyday banking in the region

A potential combination of NBAD-FGB is expected to create the second largest bank in the Middle East after Qatar National Bank. (File photo)
June 20th, 2016 - 05:00 GMT

UAE: Proposed NBAD-FGB merger would create regional banking giant

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