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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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Saudi's stock market reached a new five-year high of 8,562 points this week (File Archive)
December 25th, 2013 - 05:00 GMT

Why Saudi stocks are at five-year high

“We are in a rally, but at the end of the day it depends on whether it has legs and this depends on earnings.”
December 24th, 2013 - 06:28 GMT

Dubai is severely affecting Middle Eastern stock markets

Faisal Aqil, Deputy Chief Executive Officer, Consumer Wealth Management, Emirates Islamic
December 24th, 2013 - 06:46 GMT

Emirates Islamic launches remittance offer for end of year holiday season

Saudi Arabia's planned spending in 2014 represents a 4.3 percent increase from 2013 (File Archive/Shutterstock)
December 23rd, 2013 - 01:24 GMT

Saudi sets record budget for 2014

Al Bawaba
December 23rd, 2013 - 11:30 GMT

Emirates NBD’s awesome travelling machine wins two Golds and one Silver at 2013 Midas Awards in New York

During the event
December 23rd, 2013 - 08:06 GMT

Doha Bank welcomes over 1000 registrants to Al Dana Green Run 2013

Bader Alamoudi has been named chief executive of JP Morgan’s Saudi Arabian business, the statement said.
December 23rd, 2013 - 03:55 GMT

JP Morgan Saudi Arabia promotes two new top bankers


"We encourage citizens to take part in this investment and also to await other opportunities in the pipeline," he said.
December 23rd, 2013 - 03:55 GMT

Qatar to place $13.7 billion worth of public offerings on the table over the next 10 years

I believe Japan will be the best performing developed market in 2014, as it was in 2013.
December 22nd, 2013 - 05:44 GMT

Where should you be putting your money in 2014?

First Gulf Bank
December 22nd, 2013 - 08:32 GMT

First Gulf Bank launches iSave Online Account

Al Bawaba
December 22nd, 2013 - 08:14 GMT

United Arab Bank signs US$250 million syndicated loan agreement

During the event
December 22nd, 2013 - 07:57 GMT

Emirates Islamic announces lucky winners of Kunooz prize draw

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