Oman’s first Islamic bank, Bank Nizwa and Al Hilal Islamic Banking Services from Ahli Bank have entered into an agreement which will facilitate interbank placements between the two enterprises.
The Wakala agreement is an imp
Ahli Bank, Qatar's seventh-largest listed lender by market value, plans to raise its capital by 20 per cent through a rights issue starting later this month, the bank said in a statement on Tuesday.
This will raise about QR448.5 mil
Ahli Bank’s net income for the first half of 2008 has jumped 86 per cent to RO3.51 million ($9.12 million) compared to RO1.18 million ($3.06 million) for the same period last year.
Operating income for the first half was RO6.70 milli
STS, the leading IT services and enterprise solutions provider, has signed an enterprise agreement to deliver the Jordan Ahli Bank and its branches in Jordan, Palestine, and Cyprus with Microsoft advanced products and services.
The deal w
Qatar's Ahli Bank said first-half profit rose 45.1 per cent to 146.1 million riyals ($40.16 million), compared with 100.7 million riyals in the year-earlier period.
Earnings per share in the six months to June 30 rose to 2.48 riyals from