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02/08/2016 05:46 AST
Ahli United Bank (AUB), Bahrain’s largest lender, has raised its stake in Commercial Bank of Iraq to 64.71 per cent, according to a stock exchange statement. AUB purchased a 10 per cent stake in Commercial Bank of Iraq, AUB said in a statement on Monday, without elaborating.
A statement from the Iraq Stock Exchange on Thursday said AUB’s stake in Commercial Bank of Iraq had reached 64.71 per cent after AUB purchased 25 billion additional shares in the bank. It did not mention the price AUB paid for the shares. Commercial Bank of Iraq’s closing share price on Thursday was 0.43 dinars, which would value the 10 per cent stake at around 10.75 billion dinars ($9.20 million).
Gulfnews
30/03/2018
Ahli United Bank said on Thursday the shareholders have approved the 18 per cent cash dividend at its Annual General Meeting (AGM). The dividend amounts to $341.6 million (Dh1,257 million), together
Gulf News
14/03/2018
Bahrain's labour fund Tamkeen and Ahli United Bank (AUB) have signed a BD40-million ($106.08 million) portfolio to provide subsidised financing to eligible medium and large-sized enterprises in Bahra
Trade Arabia
21/02/2018
Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 618.7 million for the year 2017, representing a growth of 8.4% as compared to a net profit of US$ 57
Biz Bahrain
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
DARALARKAN | 13.47 | 74,648,349 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News