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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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An explosive device hidden in plants outside BLOM bank headquarters in the Verdun neighborhood went off shortly after 8 pm on a mainly deserted street last night. (AFP/Anwar Amro)
June 13th, 2016 - 04:22 GMT

Beirut's BLOM Bank bombing keeps spotlight on Hezbollah funding debate

Meydan has multiple projects in various stages of development, including the signature mixed-use Meydan One master-development and partnership in the Dubai Canal extension. (Meydan)
June 12th, 2016 - 10:00 GMT

Dubai's Meydan Group secures $270M in Islamic financing

HE Younis Haji Al Khoori, Undersecretary of MoF
June 12th, 2016 - 09:32 GMT

MoF signs cooperation agreement with UAE Central Bank

Salma Al-Hajjaj of Gulf Bank with the winning team “Cloudzzz”
June 12th, 2016 - 05:13 GMT

Gulf Bank congratulates INJAZ Kuwait and students in Company Program Competition 2016

During the event
June 9th, 2016 - 09:30 GMT

Noor Bank’s Information Technology Department awarded with ISO Certifications

The proposed merger would create a bank with combined assets of almost $16 billion, according to Bloomberg. (File photo)
June 9th, 2016 - 04:19 GMT

Proposed merger of Bank Sohar, Bank Dhofar will create Oman's second largest bank

Ali Al Najjar, Assistant General Manager and Head of Operations Department at Al Ansari Exchange, receiving the Superbrand trophy at the gala night of the prestigious Superbrands Tribute Event
June 8th, 2016 - 07:14 GMT

Al Ansari Exchange wins 11th ‘UAE Superbrand’ trophy in a row

The paper banknotes of EGP1, EGP 0.5, and EGP 0.25 were removed from the market several years ago and were replaced with coins. (Shutterstock)
June 7th, 2016 - 10:00 GMT

Small change: Egypt Central Bank reprints $56M worth of EGP1 notes

Bank Nizwa - Ramadan Campaign
June 7th, 2016 - 09:35 GMT

Bank Nizwa distributes foods packs to needy families across the Sultanate

SnappBiz
June 7th, 2016 - 09:25 GMT

Mashreq’s SnappBiz App is set to mobilize Business

During the event
June 7th, 2016 - 08:41 GMT

Alba successfully implements AUB’s integrated payment

Barclays currently has 56 large branches in Egypt and is considering opening small branches. (Transdoc)
June 6th, 2016 - 12:00 GMT

Barclays pushes through with Egypt expansion despite bank sale

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