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
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
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
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
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.
Bahrain-based Ahli United Bank (AUB) Group may raise $4 billion in bonds, loans or any other similar subordinated financial instruments, following shareholder approval for the proposal, it has emerged.
The election of Hamad Al Hum
Jordan Ahli Bank boosted net profit by 113 per cent to 34 million dinars ($48 million) last year due to capital gains from divesting its Lebanese subsidiary to a Lebanese bank, bank officials said.
Net operating income, including
Armed robbers fled with thousands of dinars from Ahli United Bank in Bahrain yesterday (November 16), 17 hours after a money exchange company was targeted in a hold-up during which a security guard was shot three times.
Ahli United Bank (AUB) reported a net profit attributable to its shareholders of $376.3 million for the nine months ended September 30 this year.
This reflected an increase of 30.1 per cent over the core net profit of $289.3 milli