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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
January 28th, 2014 - 10:25 GMT

Emirates NBD extends support to Omega Dubai Desert Classic for 25th successive year

Al Bawaba
January 28th, 2014 - 10:11 GMT

alizz islamic bank accelerates innovation with Next-generation data centre platform from Oman data park

Despite the militant violence plaguing Iraq, the economy has managed to keep expanding on the back of oil output
January 28th, 2014 - 08:31 GMT

A smart way out of its troubles? Iraq plans state investment bank to push big infrastructure projects

Al Bawaba
January 28th, 2014 - 06:45 GMT

NBK Capital sponsors the 6th Annual CFA Charter Award Ceremony in Kuwait

For months the central bank has been under strong pressure from the government, itself caught in a swirl of internal pressures, not to raise interest rates to bolster the lira.
January 27th, 2014 - 07:15 GMT

Turkey rushes to rescue lira from freefall

This exceptional auction will help in depreciating the value of US dollar against the Egyptian pound, Fahmy added.
January 27th, 2014 - 04:42 GMT

Desperate times, desperate measures: Egypt's Central Bank holds exceptional $1.5billion auction to support banks

Al Bawaba
January 27th, 2014 - 12:07 GMT

Doha Bank receives ISO20000-2011 certification

Al Bawaba
January 27th, 2014 - 11:18 GMT

NBAD & ETIHAD team up to enhance loyalty programme

Saudi economists said the Kingdom’s strong position would help attract more foreign investors.
January 26th, 2014 - 06:56 GMT

Saudi Arabia might not be women friendly, but it sure is investment friendly

Al Bawaba
January 26th, 2014 - 09:54 GMT

NBAD appoints Managing Director for Global Markets Sales

Al Bawaba
January 26th, 2014 - 06:40 GMT

Emirates Islamic to boost Emiratisation with launch of career development programmes for Emiratis

The fall in the lira seemed to worry investors, who pushed the main stock index Borsa İstanbul (BIST) down 1.8 percent.
January 26th, 2014 - 03:55 GMT

And it's getting worse: Turkish lira hits new low

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