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- Qatar Islamic Bank first Qatar bank to launch 'Click to Pay' service for Mastercard cardholders
- Qamco net profit rises 25% year-on-year to QR534mn in 9M-2025
- Foreign and Gulf funds drag QSE as index falls 16 points; M-cap melts QR2.24bn
- stc reports KD 255.7 million in revenues, KD 25.8 million in net profit for 9 months
- Oman's central bank issues treasury bills worth OMR33.9mn
- SGH showcases its partnerships & pioneering achievements at Global Health Exhibition 2025
- Barclays secures Saudi licence, plans Riyadh office by 2026
- ADNOC Drilling posts strong 9-month profit surge, outlines $6.8 billion dividend roadmap
- Closing Bell: Saudi main index rises to close at 11,619?
- Riyadh takes center stage in shaping the future of investment
11/03/2025 06:57 AST
Abu Dhabi Islamic Bank (ADIB) shareholders approved a cash dividend of Dh3.03 billion, or 83 fils per share, at the bank's Annual General Assembly (AGM) on March 10. The payout represents 50% of ADIB's 2024 net profit, up from 71 fils per share in 2023.
The AGM also saw the election of a new Board of Directors for a three-year term, including Jawaan Awaidha Al Khaili as Chairman, along with Dr. Faisal Sultan Al-Shuaibi, Khalifa Matar Al-Mheiri, Abdulla Ali Musleh Al Ahbabi, Najib Youssef Fayyad, Abdul Wahab Al-Halabi, and Maha Al Qattan.
ADIB reported a 26 per cent rise in net profit before tax to Dh6.9 billion in 2024, with net profit after tax reaching Dh6.1 billion, a 16 per cent increase over the previous year. Total assets grew to Dh226 billion, bolstered by a 22 per cent increase in customer financing.
Mohamed Abdelbary, ADIB's Group Chief Executive Officer, said, "We demonstrated balance sheet strength across all key ratios, with asset quality matrix improving due to active management of legacy portfolios and strong underwriting standards."
Gulfnews
14/08/2025
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the UAE, has signed an agreement with the Abu Dhabi Housing Authority (ADHA) to provide top-up home financing solutions to UA
Trade Arabia
09/07/2025
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reported the mobilisation of over AED 17 billion ($4 billion) in sustainable finance as of year-end 2024, marking continued
Trade Arabia
08/07/2025
The UAE's banking sector is powering ahead with added momentum, recording the highest quarter-on-quarter increase in market capitalisation among lenders across the Middle East and Africa in the secon
Khaleej Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.10 | 0.10 (0.02 |
| FAB | 16.40 | 0.10 (0.61 |
| EMIRATESNBD | 27.80 | 0.00 (0.00 |
| ADCB | 15.18 | 0.34 (2.29 |
| DIB | 9.74 | 0.13 (1.35 |
28/10/2025
Qatar Islamic Bank (QIB) has partnered with Mastercard to become the first bank in Qatar offering the 'Click to Pay' service to its Mastercard cardholders.
As a first step, customers need to
Gulf Times
28/10/2025
Qatar Aluminum Manufacturing Company, a 50% joint venture (JV) partner in Qatar Aluminum Company (Qatalum), has reported a net profit of QR534mn for the nine-month period ended September 30, 2025, wi
Gulf Times
28/10/2025
Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financi
Kuwait Times
28/10/2025
"Saudi German Health" (SGH), one of the largest healthcare groups in the Middle East and North Africa, made a strong and impactful presence at the Global Health Exhibition 2025, hosted at the Riyadh
Saudi Gazette
28/10/2025
The ADX-listed ADNOC entities are starting to come up with their H1-2025 financials, with ADNOC Drilling subsidiary confirming a substantial 30% gain in revenues to $2.37 billion.
The compan
Gulfnews
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