Thursday 30 June 2016
 
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Ahli

Ahli United approves 18pc cash dividend distribution

Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti

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Ahli United Bank launches operations in DIFC

Ahli United Bank has launched operations at the Dubai International Financial Centre, as the first bank in the GCC to receive the Category 1 license from the Dubai Financial Services Authority (DFSA).   On openin

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Ahli United gets approval for 40pc Mefic Capital stake buy

Ahli United Bank has received regulatory approval to acquire a 40 per cent stake in Saudi Arabian investment firm Mefic Capital, according to a statement.   No value was given for the transaction, which makes the

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Ahli to open Filipino-themed restaurants in UAE

Al Ahli Group, a UAE-based multi-diversified international conglomerate, is set to open Little Manila, the first authentic Filipino-themed restaurant in the region, in the UAE. Little Manila, which offers multiple top Filipino foo

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Ahli United named best Mideast private bank

Ahli United Bank has been recognised as ‘Best Private Bank in the Middle East’ by Global Finance, a leading international banking and finance publication.    AUB as well as its associate bank in

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L&G Group sells 50pc stake to Ahli United Bank

The Legal and General Group has decided to sell its 50 per cent stake in Legal and General Gulf (LGG), to its Bahrain-based joint venture with Ahli United Bank (AUB) specialising in the extension of conventional and Sharia-compliant life insur

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Ahli United appoints new bank director

Ahli United Bank (AUB-UK) has announced the appointment of David Hodgkinson as non-executive director as a replacement to David Casson, who will retire next month after 10 years of service. Hodgkinson has worked with the HSBC Group since 1969

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Ahli United group chief wins major Arab award

London-based Arab Bankers Association has announced the 2015 Award for Distinguished Services to Arab Banking will be presented to Ahli United Bank Group chief executive and managing director Adel El Labban. He will receive the award at the Ar

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Ahli United backs employers summit in Bahrain

Ahli United Bank (AUB) has signed up as the platinum sponsor of the first Annual Global Employers Summit to be hosted by Bahrain next month. The event will be held at the Gulf Hotel’s Gulf Convention Centre on October 6 and 7 under the p

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Ahli United prices maiden $400m issue of securities

Following successful fixed income investor meetings in Asia, the Middle East and Europe, Ahli United Bank (AUB), has priced its maiden issue of dollar perpetual additional tier 1 securities at a competitive coupon of 6.875 per cent per annum.

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