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Al Baraka backs drive to promote women in bankingThe Central Bank of Bahrain (CBB), in cooperation with the Supreme Council for Women (SCW), has named the Al Baraka Group (ABG) as the empowerment partner for women in Islamic banking for a year-long campaign to celebrate and promote the role of More… |
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Al Baraka Q4 net income up 12.5pcAl Baraka Banking Group , the Bahraini Islamic lender with operations in more than a dozen countries, posted a 12.5 per cent increase in fourth-quarter net income, the bank said in a statement on Sunday. The bank, which has operat More… |
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Turkey plans lira-denominated sukukTurkey is expected to issue a lira-denominated sukuk, its second sovereign Islamic bond, by the end of September and demand for the instrument is likely to be high, the Turkish unit of Bahraini lender Al Baraka said on Thursday. A More… |
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Al Baraka Banking Group posts flat Q4 profitBahraini Islamic lender Al Baraka Banking Group made a fourth-quarter net profit of $46 million, unchanged on the same period in 2010, the bank said in a statement on Thursday. The bank, which has operations in 15 countries including Turk More… |
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Al Baraka eyes $300m sukuk, further expansionBahrain-based Al Baraka Bank expects to sell $300 million worth of Islamic bonds by September as it looks to secure long-term financing to fund its expansion plans, its chief executive said on Wednesday. Previous plans to issue Islamic bon More… |
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Zeedna develops social media platformZeedna, an online social publishing and ecommerce platform, has developed a robust social media platform and has secured clients in Syria, Jordan, France, Lebanon, UAE and the US. The Baraka Venture portfolio company has also completed a s More… |
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Bahrain's Baraka to buy Indonesian bankBahraini Islamic lender Al Baraka plans to buy an Indonesian bank this year for around $100 million and has identified up to four possible options, its chief executive said on Tuesday. 'We sent in early February a delegation...to follo More… |
