| News by Country |
| News by Industry |
| News by NewsType |
August 4, 2008 |
| Latest Company News Updates |
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| Company (Industry) |
News Title |
Al Mazaya Holding
Kuwait
(Real Estate)
|
The company's subsidiary, Al Mazaya Qatar, , announced its plans to issue 50 million shares in an initial public offering (IPO) at QR10 per share in the last quarter of the current year.
Source: Mena FN
|
Arab Banking Corporation BSC
Bahrain
(Banking)
|
The bank suffered a USD71m loss in the second quarter this year as it was again hit by exposure to the subprime crisis.
Source: Gulf Daily News
|
Bahrain National Holding Company
Bahrain
(Diversified Financial Services)
|
The company's subsidiary,Bahrain National Life Assurance (BNL), has signed an exclusive partnership agreement with Assicurazioni Generali for the development of Generali employee benefits (GEB) in Bahrain.
Source: Gulf Daily News
|
Commercial International Bank
Egypt
(Banking)
|
The bank announced that a firm owned by Dubai's ruler had bought a 5.24 per cent stake in the bank, the emirate's second major investment in a year in Egypt's financial sector.
Source: Gulf Daily News
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Dow Jones Indexes
United States
(Diversified Financial Services)
|
The company will launch 'The Global Dow', an index whose components are selected by the editors of The Wall Street Journal.
Source: Mena FN
|
Dubai International Financial Centre Authority(DIFC)
UAE
(Diversified Financial Services)
|
The company clarified its position on news reports that have recently appeared regarding 'Rashed Investment Bank' an Islamic investment bank proposed to be set up in Dubai.
Source: Company Website
|
Emirates NBD Bank
UAE
(Banking)
|
The company together with Hyatt Regency Galleria had recently launched an exciting new promotion offering Emirates NBD customers a free membership for one child or self at the Hyatt Regency Galleria Ice Rink.
Source: Company Website
|
First Leasing Bank
Bahrain
(Banking)
|
The bank has signed a USD13.5m agreement to lease construction and transportation equipment to Konstruktor Engineering Qatar.
Source: Gulf Daily News
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HSBC Holdings Plc
United Kingdom
(Banking)
|
The bank's profit slides 29% as bad debt charges top USD10b.
Source: Mena FN
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Kuwait Investment Authority
Kuwait
(Diversified Financial Services)
|
The company plans to as much as triple investments in Japan to USD48b.
Source: Gulf Daily News
|
Maaden
Saudi Arabia
(Mining/Petroleum)
|
The company will borrow around USD8b in the third quarter of 2009 to finance an aluminium plant.
Source: Mineweb
|
Masraf Al Rayan
Qatar
(Diversified Financial Services)
|
The company is planning to set up a representative office in the Libyan capital Tripoli before December as part of its expansion strategy.
Source: Gulf Times
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National Bank of Bahrain
Bahrain
(Banking)
|
The bank has promoted seven of its staff members to managerial positions.
Source: Gulf Daily News
|
Saudi British Bank
Saudi Arabia
(Banking)
|
Fitch Ratings has affirmed bank's ratings at Long-term Issuer Default (IDR) 'A', Short-term IDR 'F1', Individual 'B' and Support '1'.
Source: AME Info
|
Saudi Hollandi Bank
Saudi Arabia
(Banking)
|
The bank announced the signing of a USD195m fully Islamic financing for Arabian Amines Company, the new joint venture between Al-Zamil Group and the global petrochemicals manufacturer Huntsman Corporation.
Source: Company Website
|
Shamil Bank of Bahrain
Bahrain
(Banking)
|
The bank has appointed Mr. Ahmed A. Rahim as Deputy Chief Executive.
Source: AME Info
|
Standard Chartered Bank
UAE
(Banking)
|
The bank has been named the Best Project Finance House from Euromoney Islamic Finance Award 2008.
Source: Khaleej Times
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Takaful House
UAE
(Insurance)
|
The company debuts on Dubai Financial Market.
Source: Zawya
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