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Dagong and IIRA maintain the Ratings of Al Baraka Banking Group
(CP Financial - 19/10/2017)

Dagong Global Credit Rating Company Limited (“Dagong”) and Islamic International Rating Agency (“IIRA”) have jointly maintained foreign and local currency ratings assigned to AlBaraka Banking Group (“ABG” or “the Group”) on the international scale at

Oman Qatar Insurance reports strong performance
(Times of Oman - 19/10/2017)

Oman Qatar Insurance Company (OQIC), a leading insurance company that closed its initial public offering (IPO) earlier this month, has delivered strong performance in nine month period of the year 2017 despite sluggish economic environment. The company

Investcorp expands British acquisitions with Kee Safety
(The National - 19/10/2017)

Bahrain-based alternative asset manager, Investcorp, has acquired UK-based Kee Safety from Dunedin and LDC for US$370 million, the company said on Wednesday, in its third UK investment in 18 months. Investcorp will help the rooftop safety company,

DIC backs Dubai Investment Week
(Trade Arabia - 15/10/2017)

Dubai Investments (DIC), a leading diversified investment company listed on the Dubai Financial Market, has announced its support to the Dubai Investment Week 2017 as a strategic partner. The company aims to eye opportunities for growth, partnership,

NFCI Initial Rating on the Oman National Scale of BBB Assigned
(Press Release - 05/10/2017)

Capital Intelligence Ratings (CI Ratings, the international credit rating agency, today announced that it has assigned initial Corporate Ratings on the Oman National Scale of 'omBBB' Long-Term and 'omA3' Short-Term to National Finance Company S.A.O.G.

OMINVEST Corporate Ratings Assigned of BBB Long-term and A3 Short-term
(Press Release - 05/10/2017)

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has assigned initial corporate ratings of 'BBB' Long-Term and 'A3' Short-Term to Oman International Development and Investment Company

Ithmaar Bank recognizes Bahraini skills
(Saudi Gazette - 04/10/2017)

ITHMAAR Bank, a Bahrain-based Islamic retail bank, announced Tuesday the promotion of two key members of its management team and the appointment of a third. Abdulla Abdulaziz Ali Taleb was promoted to Assistant General Manager, Head of the Commercial and

GGICO inks $584m debt restructuring deal
(Trade Arabia - 01/10/2017)

Dubai-based Gulf General Investment Company (GGICO) said it has completed a Dh2.1-billion ($584 million) debt restructuring after reaching an agreement with majority of its creditors. Established in 1973, GGICO is a conglomerate listed publicly in the