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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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Dubai Gold & Commodities Exchange
March 10th, 2016 - 09:01 GMT

Bank of China joins as the first Chinese Settlement Bank for DGCX

The CBE decision is expected to help curb hikes in the US dollar rate in the parallel market. (File photo)
March 10th, 2016 - 09:00 GMT

Egypt lifts dollar spending caps for companies importing basic goods

UAE Exchange CEO Promoth Manghat (left) and UAE Exchange President Y Sudhir Kumar Shetty (right) recieving the Great Place to Work Award
March 10th, 2016 - 07:52 GMT

UAE Exchange recognised as a great place to work

Oman Arab Bank Head Office
March 10th, 2016 - 04:44 GMT

Oman Arab Bank announces 2015 financial results

Mr. Omar Kutayba Alghanim, Gulf Bank’s Chairman
March 9th, 2016 - 10:45 GMT

Gulf Bank’s concludes Annual General Meeting

The National News Agency had reported that charges against Abou Merhi were dismissed as 'null in all forms'. (File photo)
March 9th, 2016 - 05:51 GMT

US refutes claims that Lebanese tycoon is cleared

Gulf Bank
March 8th, 2016 - 11:24 GMT

Gulf Bank launches E-transfer service for shareholder cash dividends in cooperation with Kuwait Clearing Company

During the event
March 8th, 2016 - 08:24 GMT

Bank Nizwa highlights future of Islamic Finance in Oman

Egypt's foreign reserves have dropped by more than fifty percent since January 2011. (File photo)
March 7th, 2016 - 09:00 GMT

Egypt's Central Bank holds 'exceptional' auction of $500M to cover basic commodities

MENA markets ended February in green, but pressures remain due to falling oil prices. (File photo)
March 7th, 2016 - 05:30 GMT

Qatar considering international debt markets to bridge deficit

During the meeting
March 7th, 2016 - 05:30 GMT

FGB announces 100% cash dividend for 2015 at Annual General Meeting

The expected failure of Parliament to ratify the budget and Cabinet to approve two critical oil decrees weighs heavy on the economy,” the survey said. (File photo)
March 6th, 2016 - 10:00 GMT

Lebanon braces itself for credit rating downgrade

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