Friday 22 August 2014
 
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AUB reports $262.5m profit in H1

Ahli United Bank (AUB) has reported a net profit of $262.5 million for the half year ended June 30. This reflected an increase of 38.1 per cent over the core net profit of $190.1 million achieved in H1/2013, a statement said. &

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Qatar touches 8-year high, AUB boosts Bahrain

Qatar's bourse continued to outperform the region on Thursday but failed to break through major technical resistance. Meanwhile, Ahli United Bank lifted Bahrain's stock market on news it might be sold or merge.

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AUB 'can't comment' on sale report

Ahli United Bank , Bahrain's largest lender, said on Thursday it couldn't comment on a Reuters story linking it with a possible sale or merger deal. "This news has not been issued from the bank's management and we

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Ahli United eyeing acquisitions across region

Bahrain-based Ahli United Bank (AUB) is looking for acquisitions in its existing markets and in new ones as it tries to build a network across the Middle East, its chief executive said. Its desire to expand across borders reflects

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Ahli United net profit hits $502m

Bahrain-based Ahli United Bank (AUB) yesterday reported net profit of $502.2 million for the nine months ended September 30. This included an exceptional gain of $212.9 million on the sale of its 29.4 per cent stake in Ahli Bank Q

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Bahrain firm signs $21m AUB finance deal

The developers of Muharraq Seef Mall, the Muharraq Mall Company, have signed an Islamic finance facility agreement with Ahli United Bank (AUB) to borrow $21.25 million. The facility is to assist in partial financing of the constru

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Bahrain firm signs $21m AUB finance deal

The developers of Muharraq Seef Mall, the Muharraq Mall Company, have signed an Islamic finance facility agreement with Ahli United Bank (AUB) to borrow $21.25 million. The facility is to assist in partial financing of the constru

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Ahli United posts $403m net profit for H1

Ahli United Bank (AUB) yesterday reported a net profit of $403 million for the first half of this year, up 9.9 per cent from the net profit of $190.1 million recorded during the same period of 2012. This included an exceptional ga

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Ahli United Bank Q3 profit up 11pc

  Ahli United Bank, Bahrain's largest lender by market value, saw its third-quarter net profit rise 11 percent, as its earnings were boosted by an increase in net interest income.   Ahli United

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AUB's net surges 6.6pc to $82m in Q1

Bahrain-based Ahli United Bank (AUB) posted a net profit of $82.4 million for the first quarter of the year, up 6.6 per cent on the same period last year. Earnings per share were 1.6 cents, compared to 1.5 cents. The result also re

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