Thursday 17 April 2014
 
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Doha Bank

HSBC Oman to sell Indian business to Doha Bank

HSBC Bank Oman said it had agreed on the sale of its Indian business to Qatar's Doha Bank, in a statement to the Muscat Securities Market on Wednesday. No value for the transaction was given in the statement, but the Omani len

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Doha Bank boosts capital with $549m bond sale

Qatar's Doha Bank said on Tuesday returns on its share capital would be lower this year due to tough competition in its home market, though a successful bond sale would boost its financial ratios. The bank, the fifth-largest b

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Doha Bank seeks shareholder nod for $549m debt

Qatar's Doha Bank said on Monday it would seek shareholder approval to issue a debt instrument worth QR2 billion ($549.3 million) to boost its Tier 1 capital, which would be sold by March 30 next year. No date for the sharehol

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Sustainability 'core factor for UAE real estate'

Sustainability is a core factor for the UAE real estate and infrastructure projects as the market gets benefited from growth in tourism, hospitality and trade, said industry experts at a Doha Bank summit in Dubai. "The UAE is

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Doha Bank sets $1.5bn to fund Emirati SMEs

Doha Bank, a leading Gulf-based lender, has earmarked Dh5.5 billion ($1.5 billion) to support small and medium enterprises (SMEs) and corporate clients in the UAE through its fully licenced branches in Abu Dhabi and Dubai besides offering suppor

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Doha Bank may sell bonds to raise capital

Qatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said. The Gulf Arab state's fifth-largest lender

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Doha Bank seeks to double foreign profits by 2015

Doha Bank, Qatar's fifth-largest lender by market value, plans to nearly double its profits from international operations by 2015, mirroring a strategy employed by other Gulf Arab lenders facing intense competition at home. Th

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Doha Bank gets approval for new share listing

Doha Bank, Qatar's fifth-largest lender by market value, has won approval from key regulatory authorities to list 51.6 million new shares at Qatar Exchange in line with its plans to boost capital, said a top official. Announci

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Doha Bank’s $426m rights issue covered 1.8 times

Doha Bank, Qatar's fifth-largest lender by market value, said on Monday that its rights issue worth 1.55 billion riyals ($426 million) was nearly twice covered by investors. The offer, worth 25 percent of the bank's existi

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Indiabulls seals Doha Bank partnership

Indiabulls Real Estate, one of the largest listed real estate developers in India, has tied up with top Qatari lender Doha Bank to offer its non-resident Indian (NRI) customers an exclusive deal on properties in India. Complimenta

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