Friday 26 December 2014
 
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TAIB

Taib becomes BFX trading member

The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Mena region, has signed up top regional investment bank Taib as its new trading member. The membership will enable Taib Bank to trade cash instruments, derivatives

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TAIB Bank names new HR head

Bahrain-based TAIB Bank has appointed Dina Haikel as its new head of human resources (HR). Haikel has 20 years of financial services experience, holding senior positions within the human resources, legal and compliance functions. P

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Al Salam, Brunei Bank JV to manage Makkah tower

Bahrain-based Al Salam Bank, a leading Shari’ah compliant institution and Perbadanan Tabung Amanah Islam Brunei (TAIB), a leading Islamic financial institution, have entered into a strategic partnership on Burj Al Safwa Tower in Makkah. Al

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Al Salam, Brunei bank sign Makkah tower deal

Bahrain-based Al Salam Bank, a leading Shari’ah compliant institution and Perbadanan Tabung Amanah Islam Brunei (TAIB), a leading Islamic financial institution, have entered into a strategic partnership on Burj Al Safwa Tower in Makkah. Al

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Fitch lauds Taib performance

Global financial monitor Fitch Ratings has given the thumbs up to Bahrain's Taib Bank for its strong capitalisation and sound liquidity. The rating firm affirmed Taib's ratings at long-term issuer default rating (IDR) 'BBB+' with stable ou

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Taib to get $1bn capital boost

Taib Bank's shareholders have approved an increase in the authorised share capital of the bank from $200 million to $1 billion. They also approved an increase in the paid-up capital from $107 million to $250 million. The increase in paid-

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TAIB Bank stake sale approved

Central Bank of Bahrain yesterday approved the sale of a controlling stake of Bahrain-based TAIB Bank to Dubai Financial. The transaction took place at the Bahrain Stock Exchange to sell 60 per cent of the banks outstanding shares to Dubai

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TAIB taker over by Dubai firm closer

Bahrain's TAIB Bank is a step closer to being taken over by Dubai Financial, after it was announced yesterday that investors holding at least 60 per cent of the bank's stock had agreed to sell their shares. The purchase is worth about $17

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Dubai Holding eyes TAIB stake

Dubai Holding is in talks to buy a controlling stake in Bahrain's TAIB Bank, officials at the investment bank said. TAIB said on May 17 it was considering selling a controlling stake to an investor and asked the bourse to suspend trading o

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