Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti
Ahli United Bank has launched operations at the Dubai International Financial Centre, as the first bank in the GCC to receive the Category 1 license from the Dubai Financial Services Authority (DFSA).
United Gulf Bank (UGB)’s profit for last year decreased to $11.2 million compared to $18.8 million in 2014, with a similar decrease in basic earnings per share to 1.38 cents from 2.31 cents in 2014, said a report in the Gulf Daily Ne
Ahli United Bank has received regulatory approval to acquire a 40 per cent stake in Saudi Arabian investment firm Mefic Capital, according to a statement.
No value was given for the transaction, which makes the
Bahrain stands united with other Gulf countries in defending their security and stability and staving off mounting challenges, the Premier said. He described the six-member GCC bloc as one entity bound together in addressing all issues that st
United Airlines has announced it is discontinuing its Washington Dulles to Dubai route, effective January 23, 2016.
The decision comes following the US government's General Services Administration (GSA) announcement that all federal
Bahrain–based United Gulf Bank (UGB), the merchant banking subsidiary of Kuwait’s Kipco Group, has reported a net profit of $6 million for the nine months ended September 30, lower by 62 per cent when compared with net profit of $1
United Arab Bank chief executive officer Paul Trowbridge has left the Abu Dhabi-listed lender, three sources aware of the matter told Reuters on Friday.
Two of the sources said that Trowbridge, who has held the
The Legal and General Group has decided to sell its 50 per cent stake in Legal and General Gulf (LGG), to its Bahrain-based joint venture with Ahli United Bank (AUB) specialising in the extension of conventional and Sharia-compliant life insur