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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
December 10th, 2013 - 05:47 GMT

National Bank of Fujairah reaffirms support for UAE’s Nationalisation agenda with ongoing Management Trainee Programme

Al Bawaba
December 9th, 2013 - 10:04 GMT

Emirates NBD wins double recognition at Effie MENA Awards 2013

The fast-rising money supply and paper money circulation in Jordan may be one reason that inflation is on the rise in the country (Courtesy of Jordan Times)
December 9th, 2013 - 07:06 GMT

Why is Jordan's inflation so high? These reasons may surprise you....

The Central Bank of Egypt returned aid to Qatar in December and November, which may be partly accountable for the drop in foreign reserves over the past three months (Courtesy of Gulf Business)
December 9th, 2013 - 05:54 GMT

Three times is not always a charm: Egypt's foreign reserves dip for third month

As a region, we do need public education initiatives to address the need for citizens to save both for now and for the long term, which will provide future generations with firm guidance.
December 8th, 2013 - 05:24 GMT

The Middle East's lack of savings: a ticking time bomb?

Emirates Islamic Child Savings Account
December 8th, 2013 - 08:23 GMT

Emirates Islamic launches Child Savings Account

ADCB executed a turnaround with a multi-pronged strategy. (Image credit: Arabianbusiness.com)
December 8th, 2013 - 07:41 GMT

How a Middle Eastern bank fought off the global financial crisis and turned around

During the celebration
December 8th, 2013 - 04:45 GMT

Dubai Islamic Bank celebrates UAE National Day

Abu Dhabi will host a SME Congress and Expo from Dec. 16-18 at Abu Dhabi National Exhibition Centre (Courtesy of SME Advisor)
December 5th, 2013 - 01:24 GMT

The GCC's small businesses need to prepare themselves for bankcruptcy

Qatar foreign workers are more frequently using unofficial, off-the-record methods to send money home according to a World Bank report (File Archive)
December 5th, 2013 - 12:02 GMT

Remittance retract in Qatar, or is it? Government says $200 million gap in homeward bound funds

Abdullah Al Shahi receiving the award
December 5th, 2013 - 07:22 GMT

ADIB named “Best Islamic Bank in the Middle East” by The Banker Magazine

The World Bank’s anti-poverty programmes are not well-structured for countries beset by conflict, and do too little for women suffering from violence, according to internal study released Monday.
December 4th, 2013 - 01:09 GMT

Why the World Bank is ill-prepared when it comes to dealing with the Middle East

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