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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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Egypt’s net international reserves have been stagnating at around $16.5 billion. (File photo)
March 20th, 2016 - 12:30 GMT

Egypt's pound devaluation: 'Positive results should outweigh near-term negative effects'

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
March 20th, 2016 - 07:50 GMT

Burgan Bank Group announces 2015 earnings

During the event
March 20th, 2016 - 07:00 GMT

Dubai International Financial Centre welcomes delegation from European Union Council

Nonprofit groups in the US have long raised money to be sent overseas to Israel, in addition to the billions in aid pledged each year by the US government. (AFP/File)
March 17th, 2016 - 10:00 GMT

US NGO raises over $24M for Israeli soldiers in one night

Dr Hamad Al-Ibrahim, Executive Vice President of Qatar Foundation Research and Development (QF R&D)
March 17th, 2016 - 05:41 GMT

Qatar Foundation Research & Development to announce winners of Best Research Project Award and Best Innovation Award at ARC’16

Moody's maintains that the local impact of funding volatility in Saudi will still be manageable due to a broad depositor base. (File photo)
March 17th, 2016 - 05:05 GMT

Bad news for Saudi's banking sector as Moody's revises outlook to negative

Gulf Bank
March 16th, 2016 - 12:48 GMT

Gulf Bank receives approvals for subordinated Tier 2 Bond Issuance

During the event
March 16th, 2016 - 12:42 GMT

IBQ hosts MEED Qatar Projects Gala Dinner and Qatar Leadership Award Ceremony 2016

The Bank of Beirut is one the six Lebanese banks listed on Beirut Stock Exchange. (Allen International)
March 16th, 2016 - 12:30 GMT

Bank of Beirut plans $100M special K-share issue

The total value and volume of M&As declinined to $7.78 billion and 193 deals in 2015. (Shutterstock)
March 16th, 2016 - 09:37 GMT

MidEast M&A activity lowest in six years

The two exceptional dollar tenders indicate that the CBE wants to send a clear message to the market that it is determined to restore balance to the banking sector. (File photo)
March 16th, 2016 - 09:17 GMT

Egypt's black market battle: CBE auctions another $1.5M

Mr. Wasef Jabsheh, Vice Chairman and Chief Executive Officer of IGIH
March 16th, 2016 - 06:54 GMT

International General Insurance Holdings Limited announces net profits of US$ 35.02 million for 2015

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