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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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Islamic banking has become the fastest growing segment in the international financial system. (Image credit: Shutterstock)
December 17th, 2013 - 06:00 GMT

Is Islamic finance the sustainable banking model the banking world has been looking for?

UAE markets are quite strong despite nervousness in global markets. (Image credit: Shutterstock)
December 17th, 2013 - 06:00 GMT

UAE's DFM and ADX indices hit a five year high

In addition, around 25 per cent of respondents in the low-income category planned to increase their savings in the next six months while only 10 per cent of the non-savers plan to start saving in the coming six months.
December 17th, 2013 - 03:55 GMT

Less is more? In ironic twist, UAE's low income earners found to be saving more

However, the bank’s links to Egypt’s old guard, as well as the Qaddafi and Assad regime, led it to become a centre of controversy following the 2011 revolution.
December 16th, 2013 - 07:08 GMT

Egypt has a secret 'Swiss' bank, except everyone knows about it

With the exception of Saudi Arabia and Egypt, the traded value of Arab equities almost doubled in the first ten months of 2013 led by the UAE and Kuwait, according to a recent research note of Mubasher.
December 16th, 2013 - 01:28 GMT

With Saudi Arabia and Egypt seeing values drop, UAE and Kuwait lead Arab Markets

During the event
December 16th, 2013 - 11:47 GMT

Doha Bank Chairman receives the Asian Business Leadership Forum Award

Arif Usmani, ADIB’s Global Head of  Wholesale Banking Business
December 16th, 2013 - 08:42 GMT

ADIB signs Memorandum of Understand to support Korean construction firms operating in Middle East

Farhad Irani Head of Retail Banking at Mashreq while receiving the award in London
December 16th, 2013 - 06:49 GMT

Mashreq achieves global recognition as the Best Banking Group in the UAE

NBK is the only Kuwaiti and the only Arab bank to take part in this consortium.
December 16th, 2013 - 03:55 GMT

After a long, long delay, NBK to finance Kuwait's first public private partnership ever!

During the signing
December 16th, 2013 - 03:55 GMT

Emirates NBD signs MoU with Construction Guarantee to expand contracting facilities to South Korean companies in GCC

Al Bawaba
December 15th, 2013 - 10:40 GMT

Al Ramz authorized to perform Direct Market Access with Dubai Financial Market

Al Bawaba
December 15th, 2013 - 05:07 GMT

NBK in consortium of international banks to arrange USD 1.43 billion financing for Az-Zour North Project in Kuwait

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