Tuesday 5 November 2024
 
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Ahli Bank

Qatar's Ahli Bank starts talks on $250m debt loan

Qatar's Ahli Bank has started talks to raise a $250 million three-year loan, banking sources told Reuters on Monday. The loan will be partially used to refinance an existing $200 million facility the bank signed in September 2

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Ahli Bank denies merger with Al Khaliji, IBQ

Qatar's Ahli Bank on Thursday denied it was involved in an "impending merger" with International Bank of Qatar and Al Khalij Commercial Bank . Reuters reported earlier on Thursday that the trio were in early-stage ta

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Oman banks sign up for interbank facility

Oman’s first Islamic bank, Bank Nizwa and Al Hilal Islamic Banking Services from Ahli Bank have entered into an agreement which will facilitate interbank placements between the two enterprises. The Wakala agreement is an imp

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Bahrain's Ahli United sells Qatar bank stake

  Ahli United Bank, Bahrain's largest listed lender, has sold most of its 33 percent stake in Qatar's Ahli Bank to sovereign fund Qatar Foundation.   The sale, involving all but 1,000 of Ahl

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Bahrain bank to sell stake in Qatar's Ahli

  Ahli Bank, Qatar's seventh-largest listed bank, said on Wednesday that its strategic partner, Bahrain's Ahli United Bank, would sell nearly all its stake in the lender.   Ahli United Bank,

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Ahli Bank announces $123m capital hike

Ahli Bank, Qatar's seventh-largest listed lender by market value, plans to raise its capital by 20 per cent through a rights issue starting later this month, the bank said in a statement on Tuesday. This will raise about QR448.5 mil

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Ahli Bank H1 net soars 86pc

Ahli Bank’s net income for the first half of 2008 has jumped 86 per cent to RO3.51 million ($9.12 million) compared to RO1.18 million ($3.06 million) for the same period last year. Operating income for the first half was RO6.70 milli

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STS arms Jordan bank with MS technology

STS, the leading IT services and enterprise solutions provider, has signed an enterprise agreement to deliver the Jordan Ahli Bank and its branches in Jordan, Palestine, and Cyprus with Microsoft advanced products and services. The deal w

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Ahli Bank profit soars 45 pc

Qatar's Ahli Bank said first-half profit rose 45.1 per cent to 146.1 million riyals ($40.16 million), compared with 100.7 million riyals in the year-earlier period. Earnings per share in the six months to June 30 rose to 2.48 riyals from

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