Wednesday 19 June 2013
 
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Gulf Bank

URC picks Gulf Bank for 5-year bond

United Real Estate Company (URC), a leading property development firm in the Middle East, has named Kuwait-based Gulf Bank as the joint lead manager for its five-year KD60 million ($210.5 million) bond issue. The bond has been rated BBB

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URC picks Gulf Bank for 5-year bond

United Real Estate Company (URC), a leading property development firm in the Middle East, has named Kuwait-based Gulf Bank as the joint lead manager for its five-year KD60 million ($210.5 million) bond issue. The bond has been rated BBB

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Gulf Bank gets Fitch stable outlook

Fitch Ratings has affirmed Kuwait-based Gulf Bank's long-term issuer default rating (IDR) at 'A+' with a stable outlook. The viability rating too has been upgraded to 'bb-' from 'b+'. In its comments, t

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Gulf Bank finances two aircraft for Etihad

Abu Dhabi-based First Gulf Bank has provided the finance for two Boeing 777-300ER aircraft, to be delivered to Etihad Airways, the national airline of the United Arab Emirates. The financing was made available through a Sharia-com

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Gulf Bank finances two aircraft for Etihad

Abu Dhabi-based First Gulf Bank has provided the finance for two Boeing 777-300ER aircraft, to be delivered to Etihad Airways, the national airline of the United Arab Emirates. The financing was made available through a Sharia-com

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Gulf Bank names GM Consumer Banking

Kuwait-based Gulf Bank has announced the appointment of Vikram Issar as general manager of Consumer Banking. Issar, who joined the bank last month, was previously with Standard Chartered Bank in Singapore where he was chief operat

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Gulf Bank launches Visa card promotion

Gulf Bank has launched a promotion for its Visa credit cardholders featuring exclusive deals provided by Visa International through Groupon Middle East, an online marketing platform. Group will provide all Visa credit cardholders

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Gulf Bank appoints new chairman

Gulf Bank, Kuwait's fourth-largest lender by market value, has appointed Omar Kutayba Alghanim as the new chairman of the bank. Alghanim's appointment, for a two-year term, came after former chairman Mahmoud Al Nouri stepp

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Gulf Bank reports steep rise in Q4 net profit

Kuwait's Gulf Bank said on Wednesday it had more than doubled its net profit in the fourth quarter and recommended the distribution of five percent bonus shares. Net profit was KD8.5 million ($30.2 million) for the three month

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Gulf Bank enhances rewards programme

Gulf Bank has announced the enhancement of its Gulf Rewards programme, a one-of-its-kind programme in Kuwait, which allows  its credit cardholders to redeem their loyalty points  with more than 300 airlines and over 150,000 hotels worl

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