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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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Prince Alwaleed bin Talal was ranked number one in Arabian Business Magazine’s World’s 500 Most Influential Arab list of 2013 (File Archive)
January 8th, 2014 - 10:15 GMT

Why Prince Alwaleed bin Talal is still topping business charts as "Most Influential Arab" in 2013

Abu Dhabi Islamic Bank
January 8th, 2014 - 09:00 GMT

ADIB launches capital-protected car manufacturers note

The total sukuk issuances for 2013 were $120 billion. (Image credit: Shutterstock)
January 8th, 2014 - 07:21 GMT

Report: 2013 was a record year for Sukuk issuances

Turkey's central bank, statutorily independent, is trying to prop up the lira by selling dollars from its reserves.
January 7th, 2014 - 05:44 GMT

The corruption saga continues: Turkish lira hits record low

Brown spearheaded a letter signed by more than one-third of Democratic senators urging President Obama to nominate Yellen to lead the Federal Reserve System.
January 7th, 2014 - 05:23 GMT

For the first time ever, a woman is about to lead the US Fed

Shake n' Save
January 7th, 2014 - 11:44 GMT

Emirates NBD makes savings easier with launch of ‘Shake n' Save’ mobile savings product

Saudi Arabia has already deported 60,000 migrant workers as part of its Saudization movement (Courtesy of Zawya)
January 7th, 2014 - 10:48 GMT

For the "deserving"? Saudi Arabia introduces new welfare program for select citizens

Al Bawaba
January 7th, 2014 - 10:48 GMT

NBAD Fursati explores entrepreneurship opportunities for Women

Al Bawaba
January 7th, 2014 - 05:03 GMT

Smart Pay extends financial aid through Smart Pay Care

Dubai was already an important Islamic finance center, but the Emirate sees the story as larger than one of just banking.
January 7th, 2014 - 03:55 GMT

Islamic finance in 2014: on the verge of a tipping point?

Some analysts believe that a lack of awareness about various Islamic banking options underlies why the sector has suffered in Lebanon (Shutterstock)
January 6th, 2014 - 09:32 GMT

Why Islamic Finance is failing in Lebanon

Egypt's stock market has continued to rise since Fitch upgraded the country's economic outlook Friday from negative to stable (Courtesy of Al Jazeera)
January 6th, 2014 - 09:08 GMT

Nothing to "Fitch" about: Egypt stocks continue to rise after economic outlook upgrade

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