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Al Baraka Turk net profit up 16pcAl Baraka Turk Participation Bank, a subsidiary of Bahrain-based Al Baraka Banking Group (ABG), has announced it has achieved an increase of 16 per cent in net profit in the first nine months of the year compared with the same period last year More… |
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Al Baraka unit in $268m syndicated loan facility successAlbaraka Türk Katılım Bankası (Albaraka Türk), a unit of Bahrain-based Al Baraka Banking Group, has successfully closed a $268 million syndicated Murabaha financing facility on April 9, it was announced yesterday (April 13). More… |
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$350m financing success for Turkish bankTurkey's Kuveyt Turk Katilim Bankasi has successfully closed a $350 million equivalent syndicated dual currency dual tranche murabaha financing facility. ABC Islamic Bank, Abu Dhabi Commercial Bank, Barwa Bank, Emirates NBD Ca More… |
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Al Baraka unit reports 21pc increase in net profitAl Baraka Turk Participation Bank, a subsidiary banking unit of Al Baraka Banking Group (ABG), reported an increase of 21 per cent in its net profit in the first nine months of this year compared to the same period of 2013. It als More… |
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Iraqi Kurdistan oil shipments hit 8m barrelsIraqi Kurdistan has shipped over eight million barrels of oil from the Turkish port of Ceyhan since May, sources and energy officials said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad. More… |
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Albaraka Turk unit income surges 31pcBahrain's Albaraka Banking Group said its Turkish unit plans to expand its operations after posting a 31 per cent increase in 2007 net income. Albaraka Turk's net income surged to $65.48 million from $50.04 million in the year-earlier peri More… |
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Kurd rebels kill 22 Turkish soldiers in N.IraqKurdish rebels have killed 22 Turkish soldiers in clashes in northern Iraq, a spokesman for the rebel Kurdistan Workers Party (PKK) said on Saturday. 'After clashes yesterday between the PKK and the Turkish forces, 22 Turkish soldiers were More… |
