Sunday 13 July 2014

Al Ahli posts 30pc jump in Q1 net

Al Ahli Bank said on Thursday first-quarter profit surged 30 per cent to QR85.5 million ($23.50 million). The bank's earnings per share for the three months ended March 31 were QR1.46 compared with QR1.12 for the same period last year, it


Ahli, ABC close $480m Dipco loan

Ahli United Bank (AUB) and Arab Banking Corporation (ABC) have successfully closed the senior phase for a $480 million, 15-year syndicated debt finance facility for Damietta International Port Company, SAE (Dipco). AUB and ABC are the "Ini

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