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30/03/2018 05:55 AST
Ahli United Bank said on Thursday the shareholders have approved the 18 per cent cash dividend at its Annual General Meeting (AGM).
The dividend amounts to $341.6 million (Dh1,257 million), together with a bonus share issue of 5 per cent (five shares per 100 ordinary shares) to shareholders registered as at March 29, the bank said in an emailed statement.
AUB's shareholders also approved the repurchase by the Bank of its own shares up to a maximum of 10 per cent of its issued shares in accordance with the terms and conditions set by regulators.
Gulf News
14/03/2018
Bahrain's labour fund Tamkeen and Ahli United Bank (AUB) have signed a BD40-million ($106.08 million) portfolio to provide subsidised financing to eligible medium and large-sized enterprises in Bahra
Trade Arabia
21/02/2018
Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 618.7 million for the year 2017, representing a growth of 8.4% as compared to a net profit of US$ 57
Biz Bahrain
22/10/2017
Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has affirmed Ahli United Bank's (AUB) Financial Strength Rating (FSR) of 'A'.
Acc
CPI Financial
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05/01/2026
Mastercard announced that QNB Group, the largest financial institution in the Middle East and Africa, was granted a Mastercard licence to extend its issuing and acquiring activities in Syria, enablin
Gulf Times
05/01/2026
The Ministry of Commerce and Industry (MoCI) has signed a co-operation agreement with Doha Bank, as part of efforts to enhance integration between the public and private sectors and to facilitate ser
Gulf Times
05/01/2026
Saudi oil giant Aramco has announced the launch of its 98-octane gasoline product, which will begin supplying in January 2026 as part of efforts to expand consumer fuel options and diversify its prod
Trade Arabia
04/01/2026
Dubai Electricity and Water Authority (Dewa) has announced that that work is in full swing on its Hassyan desalination project with the Phase I nearly 90% completed.
One of the world's large
Trade Arabia
04/01/2026
QNB forecast a slight improvement in global growth in 2026, amid stability in major economies, projecting a rate of 3.2 percent, which is slightly higher than overall forecasts.The bank's weekly repo
Gulf Times
Financial Information Co.
Saudi Arabia