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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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Over the past year, UAE banks have been hit by a spate of defaults.  (Twitter)
March 30th, 2016 - 11:00 GMT

New UAE bank action to give 'breathing space' to SMEs in debt

FGB’s Commercial Banking segment hosts Risk Management seminar
March 30th, 2016 - 10:00 GMT

FGB’s Commercial Banking segment hosts risk management seminar

Oman Arab Bank
March 30th, 2016 - 07:29 GMT

Oman Arab Bank gets social

During the event
March 29th, 2016 - 11:32 GMT

Ahli United Bank's AGM approves 18% cash dividends and 5% bonus stock for shareholders

Bank of Muscat Headquarters (Times of Oman)
March 29th, 2016 - 08:00 GMT

Bank Muscat gains approval to open Tehran branch

Last year Geneina claimed that government corruption had cost the country 600 billion Egyptian pounds (76 billion dollars) over four years. (Cairo Post)

(Cairo Post)
March 29th, 2016 - 07:00 GMT

Sacked for doing their jobs? Sisi fires chief auditor, forcibly retires 32 judges

During the event
March 29th, 2016 - 03:15 GMT

Bank Nizwa elects new board of directors during third Annual General Meeting

33 percent of the economic crimes were found to have been 'inside jobs'. (File photo)
March 28th, 2016 - 12:00 GMT

These are the most common financial crimes in MENA

National Bank of Kuwait
March 28th, 2016 - 05:12 GMT

Fed rate hike still on the Ttble for April

Egypt and Kuwait will each offer a 20 percent stake on the Cairo bourse of the Arab African International Bank, a joint venture between the CBE and Kuwait Investment Authority. (Arab Finance)
March 27th, 2016 - 09:09 GMT

Egypt: CBE to float stakes in two state-owned banks

Bank Nizwa Booth
March 27th, 2016 - 06:37 GMT

Bank Nizwa sponsors 5th Oman Economic Forum to showcase the sultanate’s potential as a bridge between Asia and GCC

The 39 branches of Piraeus Bank Egypt will be rebranded ABK Egypt by June 2016. (Diplomacya)
March 27th, 2016 - 06:00 GMT

Kuwait's Al Ahli Bank acquisition of Piraeus' Egypt unit complete

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