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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 26th, 2014 - 03:55 GMT

Jordan's Arab Bank celebrates 43% net profit hike

The Dubai Financial Market index, the best performer among 90 benchmarks tracked globally, jumped 3.57 per cent, or 131.7 points.
January 24th, 2014 - 08:49 GMT

What crisis? Dubai markets at new hit five year high!

Al Bawaba
January 23rd, 2014 - 11:36 GMT

Emirates NBD sponsors Umm Al Quwain Crown Prince Football Tournament 2014

Lebanese authorities say that Syrian refugees have been a huge economic burden in their country (File Archive/AFP)
January 23rd, 2014 - 11:07 GMT

To relieve economic burden of refugee crisis, U.N. is buying Lebanese

The dangers of the growing lack of clear global political leadership at time when global governance is drifting will be a major theme at this year’s Annual Meeting of the World Economic Forum in Davos.
January 22nd, 2014 - 12:07 GMT

Davos' World Economic Forum gathering to focus on global governance

Al Bawaba
January 21st, 2014 - 09:38 GMT

Emirates NBD offers football fans opportunities to win tickets to 2014 FIFA World Cup

Al Bawaba
January 21st, 2014 - 09:34 GMT

Doha Bank recommends the distribution of 45 per cent of the paid-up capital as a cash dividend to the shareholders for the year 2013

Al Bawaba
January 21st, 2014 - 05:58 GMT

alizz islamic bank announces prelimenary 2013 financial results

The continued political instability makes real economic reform nigh impossible, and in turn the lack of real economic reform will continue to destabilise the political situation
January 21st, 2014 - 03:55 GMT

With the new constitution passed, should you now be investing in Egypt?

The banks say that at foreign institutional investors, especially in Europe, investment committees decide on investments, and that human rights is one of the considerations about an investment in a particular share
January 20th, 2014 - 10:38 GMT

The impending avalanche? More European funds mull boycotting Israel

Egypt has been the biggest beneficiary of the Gulf States’ generosity.
January 19th, 2014 - 10:34 GMT

Recap: How are the Gulf's investments doing in North Africa's Arab Spring economies?

Al Bawaba
January 19th, 2014 - 08:38 GMT

Inspirational running duo Henry Wanyoike and Joseph Kibunja back at the Standard Chartered Dubai Marathon 2014

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