Tuesday 7 July 2015
 
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Awal

Awal Bank wins $700m payout judgement

A Bahraini bank has won a massive payout from a Saudi businessman described as ‘one of the biggest monetary judgements ever awarded in the GCC.’ Maan Al Sanea has been ordered by Bahrain's High Civil Court to pay A

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Bahraini bank group seeks bankruptcy protection

A group of investment vehicles owned by a Bahraini bank are seeking US bankruptcy protection to shield more than $200 million from Saudi Arabia's Ahmad Hamad Algosaibi and Brothers, agency reports say. Awal Finance Company, a

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Awal Bank creditors discuss key issues

Key meetings of creditors of Bahrain-based Awal Bank have been held in Bahrain and London, according to sources. The meetings were called by law firm Charles Russell, acting as external administrator, said the sources to the G

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Collapsed Bahraini banks seek debt deal

A multi-billion dollar financial dispute that followed the collapse of two Bahraini banks continues to make ripples around the world.    Now, more than four years later, some creditors are being offered a fi

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Awal takes part in MedExpo 2013

Leading IT services provider, Awal, recently participated as the technical sponsor at MedExpo Saudi Arabia 2013. The event was held under the patronage of Prince Mishaal bin Majed bin Abdulaziz, governor of Jeddah, and supported b

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Awal backs Jeddah forum as tech sponsor

Awal, a leading IT services provider and a subsidiary of Saudi Telecom Group, participated as technical sponsor at the recently concluded Jeddah Economic Forum 2013 at the Hilton Hotel in Jeddah. Awal's involvement in the even

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Awal technical sponsor for Jeddah forum

Awal IT Services, a leading IT services provider, participated as the technical sponsor in Jeddah Economic Forum 2012 organised by Jeddah Chamber of Commerce and Industry from March 3 to 6 in Jeddah. Dr Tawfiq Alrabiah, Minister of Commerc

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Awal backs Jeddah décor expo

Awal, a leading IT services provider in Saudi Arabia, participated as technical sponsor of the third edition of the recently concluded Deco Fair, the décor and home accessories exhibition in Jeddah. The event at the Jeddah International Ce

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Awal backs organ transplantation event

Leading IT services provider Awal has announced that it will participate as the official ICT sponsor at the 2nd GCC Organ Transplantation Congress to be held from October 3 to 6. The event will be held at the King Faisal Conference Hall in

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Al Ramz partners with CNBC-Arabia

Al Ramz Securities, one of UAE’s leading brokerage houses, has entered into a partnership agreement with CNBC-Arabia in cooperation with Awal IT Services, the company said. The agreement was signed by Mohammad Murtada Al Dandashi, partner

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