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Arab Bank sees double digit profitJordan's Arab Bank , the country's largest lender, said it expects double digit profitability in 2013 as much lower provisions and steady growth in net operating income improves the bank's bottom line More… |
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US judge dismisses suit against Arab BankA federal judge on Tuesday threw out a lawsuit brought by a US man wounded in the Middle East who sought to hold Arab Bank liable for providing material support to the Palestinian group Hamas. U More… |
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Arab Bank nine-month profit up 13pcJordan-based Arab Bank Group's net profit was up 13 percent at $484.5 million in the first nine months of the year, helped by a rise in net interest and operating income. The bank said on Mo More… |
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Apicorp Q3 net profit jumps 90pcArab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, maintained the robust growth momentum this year with a 90 per cent jump in its third quarter net profit. Announcing the re More… |
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Arab Bank profits up 10pc to $360mJordan's Arab Bank Group saw its first-half net profits rise by 10 percent to $360 million compared with the same year-ago period due to lower provisions and a rise in operational income despite political upheaval that hit More… |
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Arab Bank ‘Best Trade Finance Provider in ME’Arab Bank recently received the ‘Best Trade Finance Provider in the Middle East’ award from Global Finance Magazine for the sixth consecutive year. It received this award based on its transaction volume, scope of global coverage, customer More… |
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Arab Bank Q3 net profit up12pcArab Bank, a premier bank in Jordan, said its net profits for the third quarter increased by 12 per cent to reach $428.7 million compared to $382.7 million for the same period in 2010. Announcing the results on Tuesday, chairman Abdel Hami More… |
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Arab Bank signs deal with Oasis500Arab Bank has signed a deal with Oasis500, a premier early stage and seed investment company based in Amman, to invest JD250,000 ($352,609) in Oasis Venture 1 (OV1). The OV1 aims to facilitate investment in information and communications t More… |
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Arab Bank reopens Bahrain branchArab Bank, a leading financial institution in the Middle East, has reopened its newly renovated Gudaibiya branch on Shaikh Isa Al Kabeer Avenue in the Al Mousa Building in Manama. 'Arab Bank continues to grow and maintain its commitmen More… |
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Oman Arab Bank to float 25pc sharesOman Arab Bank (OAB) has been cleared to float 25 per cent of its capital on the local bourse, its chief executive said on Monday. Oman allows companies to float a minimum 40 per cent of their capital on the Muscat Securities Market so OAB More… |
