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Awal Bank wins $700m payout judgementA Bahraini bank has won a massive payout from a Saudi businessman described as ‘one of the biggest monetary judgements ever awarded in the GCC.’ Maan Al Sanea has been ordered by Bahrain's High Civil Court to pay A More… |
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Bahraini bank group seeks bankruptcy protectionA group of investment vehicles owned by a Bahraini bank are seeking US bankruptcy protection to shield more than $200 million from Saudi Arabia's Ahmad Hamad Algosaibi and Brothers, agency reports say. Awal Finance Company, a More… |
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Awal Bank creditors discuss key issuesKey meetings of creditors of Bahrain-based Awal Bank have been held in Bahrain and London, according to sources. The meetings were called by law firm Charles Russell, acting as external administrator, said the sources to the G More… |
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Collapsed Bahraini banks seek debt dealA multi-billion dollar financial dispute that followed the collapse of two Bahraini banks continues to make ripples around the world. Now, more than four years later, some creditors are being offered a fi More… |
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Awal takes part in MedExpo 2013Leading IT services provider, Awal, recently participated as the technical sponsor at MedExpo Saudi Arabia 2013. The event was held under the patronage of Prince Mishaal bin Majed bin Abdulaziz, governor of Jeddah, and supported b More… |
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Awal backs Jeddah forum as tech sponsorAwal, a leading IT services provider and a subsidiary of Saudi Telecom Group, participated as technical sponsor at the recently concluded Jeddah Economic Forum 2013 at the Hilton Hotel in Jeddah. Awal's involvement in the even More… |
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Awal technical sponsor for Jeddah forumAwal IT Services, a leading IT services provider, participated as the technical sponsor in Jeddah Economic Forum 2012 organised by Jeddah Chamber of Commerce and Industry from March 3 to 6 in Jeddah. Dr Tawfiq Alrabiah, Minister of Commerc More… |
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Awal backs Jeddah décor expoAwal, a leading IT services provider in Saudi Arabia, participated as technical sponsor of the third edition of the recently concluded Deco Fair, the décor and home accessories exhibition in Jeddah. The event at the Jeddah International Ce More… |
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Awal backs organ transplantation eventLeading IT services provider Awal has announced that it will participate as the official ICT sponsor at the 2nd GCC Organ Transplantation Congress to be held from October 3 to 6. The event will be held at the King Faisal Conference Hall in More… |
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Al Ramz partners with CNBC-ArabiaAl Ramz Securities, one of UAE’s leading brokerage houses, has entered into a partnership agreement with CNBC-Arabia in cooperation with Awal IT Services, the company said. The agreement was signed by Mohammad Murtada Al Dandashi, partner More… |
