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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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Malek Khalife, NBK's General Manager, Private Banking Group receiving the three awards from Euromoney
February 29th, 2016 - 05:46 GMT

NBK awarded “Best Private Bank for 2016 in Kuwait”

Sharjah Islamic Bank’s ordinary general assembly meeting
February 28th, 2016 - 10:27 GMT

Sharjah Islamic Bank approves a cash dividend of 10%

Only 36 countries have ever convicted someone for terrorism financing and only 40 have used targeted financial sanctions, according to the FATF executive secretary. (Twitter)
February 28th, 2016 - 10:00 GMT

Loopholes in fight against terror funding require intensified efforts: G20

Mr. Abdulaziz Al-Helaissi
February 28th, 2016 - 09:59 GMT

Gulf International Bank b.s.c. announces a 5.6 per cent increase in full year profit to $90.4 million

The debt maturity profile of the region is expected to rise until 2020. (File photo)
February 28th, 2016 - 07:00 GMT

The depths of debt: GCC must repay $94B in bonds and loans by 2017

THe S&P downgrade coincided with Bahrain launching a $750 million, two-part bond reopening. (Shutterstock)
February 25th, 2016 - 01:00 GMT

Bahrain denounces 'unwarranted' ratings downgrade

The new offer follows the cancellation of a $750m sale last week. (File photo)
February 25th, 2016 - 05:00 GMT

Bahrain launches $600M bond sale despite junk status rating

During the event
February 24th, 2016 - 10:12 GMT

FGB sheds light on successful women in the Arab World at Global Women’s Forum Dubai

As importers sought foreign currency from a growing black market, pressuring the value of the pound, the central bank has taken measures to control the market. (File photo)
February 24th, 2016 - 08:00 GMT

Egypt's Central Bank eases restrictions on import requirements

Al Bawaba
February 24th, 2016 - 06:00 GMT

Lebanese banks removed from financial watchdog list

MasterCard
February 23rd, 2016 - 12:53 GMT

‘Digital Wallets’ dominated mobile payments conversations in MEA in 2015, reveals MasterCard’s fourth Mobile Payments study

Al Bawaba
February 23rd, 2016 - 12:00 GMT

GCC banks may face double squeeze due to low oil prices: Moody's

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