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Banking and Finance

Banking and Finance latest

DIB Shareholders Approve AED 2.53 billion Cash Dividend at Annual General Assembly
April 2nd, 2026 - 05:59 GMT

DIB Shareholders Approve AED 2.53 billion Cash Dividend at Annual General Assembly

DIB (DFM: DIB), the world’s leading Islamic financial group and the largest in the UAE, convened its Annual General Assembly (AGM), during which shareholders reviewed and approved all agenda items including the Bank’s financial statements for the year ended 31 December 2025, Board of Directors’ recommendation to distribute a cash dividend of 35 fils per share, along with other tabled resolutions presented to the Assembly. The outcome reflects another year of financial resilience, with consistent earnings delivery and measured balance sheet growth. Operating revenues reached AED 13.3 billion, while pre-tax ...
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Al Bawaba
February 11th, 2014 - 04:54 GMT

Swiss secrecy luring more Middle East investors

Egypt's second stimulus released this week will inject $4.87 billion into the economy (File Archive/Shutterstock)
February 11th, 2014 - 01:38 GMT

Deficit and development projects target of Egypt's second stimulus disbursed this week

Al Bawaba
February 11th, 2014 - 09:37 GMT

Sharjah Islamic Bank is silver sponsor of Sharjah Football Club

Al Bawaba
February 11th, 2014 - 07:33 GMT

Mashreq introduces hassle free Personal Loan

Al Bawaba
February 10th, 2014 - 07:24 GMT

Ouch. JP Morgan severs ties with Dubai's largest bank

Al Bawaba
February 10th, 2014 - 01:00 GMT

Jordan's slippery slope or full-out cliff: Is there any hope for solving the Kingom's financial woes?

Islamic finance in 2014, is set to experience another increased momentum
February 9th, 2014 - 10:42 GMT

Islamic finance assets to reach $2.1tr by end-2014

Al Bawaba
February 9th, 2014 - 09:02 GMT

NBAD launches ‘Paper Tree’ initiative

Al Bawaba
February 9th, 2014 - 07:55 GMT

Mashreq wins big at MENA Fund Manager Awards 2014

Al Bawaba
February 9th, 2014 - 06:19 GMT

Jordan Ahli Bank gives away 2013 Kia Cerato to lucky student Raneen Drakejian

This marks the first rise in foreign reserves since last August.
February 9th, 2014 - 03:55 GMT

Who needs Qatar now? Egypt's reserves up for first time in six months

Nevertheless, the report said Turkey’s low and largely lira-denominated debt provided it with significant buffers against economic turbulence.
February 9th, 2014 - 03:55 GMT

Turkey's downgrade by S&P to 'negative' signals real trouble

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