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Monday 7th, July 2008 -- 10:16 GMT
 Financial Markets
 
Al Salam Bank-Bahrain reports half yearly net profit of US$40.5 million
 Al Salam Bank Bahrain announced a half-yearly net profit of BD15.3 million (US$40.5 million) for the period ended 30 June  ...
Gulf widens between global and regional markets
 Kuwait only GCC market to withstand month-end caution across regional bourses  ...
Global : Kuwait market registered a monthly gain of 1.35% in June-2008
 Global Investment House – Kuwait – KSE Monthly Performance – July 2008-Kuwait market reported a gain of 1.35% in June-2008 as “Global” General Index ended the month at 395.51 points. This followed a decline of 2.31% in May-2008. Most of the sector  ...
Alpha Bank announces the sale of a 4% stake to Qatari private investors
 Greece's Alpha Bank announced the sale of treasury shares, amounting to 4% of its share capital, for a total consideration of Euro 296 million, to Paramount Services Holding  ...
Qtel, Qatar National Bank announce the closure of Qtel Rights Issue
 Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, Chairman of Qatar Telecom (Qtel) Q.S.C. announced that the subscription to the Qtel Rights Issue successfully closed.  ...
Bahrain Stock Exchange: Capitalization up by 2.19%
 The Bahrain All Share Index ended the month of June on a negative note when compared to the previous month, it closed at  ...
Shuaa Securities opens state-of-the-art branch in Abu Dhabi
 Latest in Multimedia Equipment to be Installed by Alpha  ...
Dubai Islamic Bank signs up with Emcredit for credit information services
 Emcredit, the UAE’s first private credit information services company, announced today that it will provide credit information and risk assessment services to Dubai Islamic Bank (DIB). Under the terms of the agreement, Emcredit will initially  ...
S&P reaffirms ratings for Arab Banking Corporation
 Standard & Poor’s (S&P), the international rating agency, reaffirmed the counterparty credit ratings of Arab Banking Corporation (ABC) at BBB+/Stable/A-2 on 19 June 2008.  ...
IFA Hotels & Resorts signs US$100 million loan agreement with Emirates NBD
 IFA Hotels & Resorts (IFA HR) has secured a US$100 million syndicated loan facility led by Emirates NBD. The facility will be utilised towards growing the IFA HR global portfolio and tapping into new emerging markets.  ...
Private equity: Catalyst towards economic diversification in the GCC
 Ithmar Capital report reveals long-term challenge facing the region and the need for business growth and  ...
Arab Bank deploys Fortent's anti-money laundering solution
 Largest Middle East bank network adopts advanced compliance  ...
NCB Capital launches most advanced brokerage service
 NCBC Tadawul Super Plus offers unique trading experience  ...
   
 
Ajman Bank PJSC begins trading on Dubai  ...
Global establishes a brokerage  ...
Saudi Arabia: Bank deposits on the  ...
ABC Islamic Bank in US$100 million  ...
Morgan Stanley expands asset management  ...
Ithmaar Bank sells 2.47 per cent of BBK  ...
Foreign investors purchase AED 1.964  ...
First Energy Bank Capital Raising  ...
Ajman Bank to list on Dubai Financial  ...
Tuninvest closes largest ever Maghreb  ...
GFH launches Gulf Atlantic Real Estate  ...
Doha Bank officially inaugurated in  ...
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