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
Omani Islamic lender Bank Nizwa hopes to complete a merger with United Finance Co this year as it aims for faster growth in the country's crowded banking sector, the bank's chief executive told Reuters.
The potential deal
A united and stable Gulf is crucial to enhance its development, Bahrain’s Premier said yesterday (January 18).
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa affirmed that achieving peace, security an
Leading real estate consulting firm CBRE has been appointed by Cooperation Investment House as the exclusive leasing agent for the United Tower, a key project in Bahrain Bay, a master-planned project in the heart of Bahrain's capital.
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.
Arabs have been urged to stand united and defend their common interests amid mounting challenges and threats. Consolidation of joint Arab action has now become imperative, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa
United Investment and Sharjah Chamber of Commerce and Industry (SCCI) have signed a deal to build a Dh100 million ($27.2 million) hotel to serve the emirate’s various sectors and participants in the Sharjah Expo Centre’s events.
UAE-based United Furniture has launched its new collection for the festive season.
The collection consists of a number of trendy furniture and furnishing accessories, such as wall hangings, vases, armchairs, cushions, mug stands,