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Al Hilal Bank denies CEO resignation reportsAbu Dhabi's government-owned Al Hilal Bank said on Thursday its chief executive had not resigned, correcting an earlier comment from a spokeswoman who said he was leaving. "Mohamed Jamil Berro still remains in his positio More… |
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Al Hilal confirms $500m sukuk mandateAbu Dhabi government-owned Al Hilal Bank has confirmed the appointment of three banks to manage its debut $500 million Islamic bond issue, which will be issued later this year, its chief executive said on Monday. "We have started the prepa More… |
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Al Hilal launches thumb verification systemAbu Dhabi-based Al Hilal Bank has launched a groundbreaking thumb verification system, becoming the first bank in the UAE to adopt the technology that helps streamline and speed up daily banking transactions. The thumb verification system, More… |
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Abu Dhabi bank eyes $500m Islamic bondAbu Dhabi government-owned Al Hilal Bank plans to raise $500 million through the sale of a 5-year Islamic bond (sukuk), a regional daily reported on Monday, citing the bank's chief executive officer. Mohammad Berro told the Gulf News More… |
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FGB to convert $980m bonds into sharesAbu Dhabi-based First Gulf Bank (FGB) is to convert bonds worth Dh3.6 billion ($980.4 million) into shares earlier than scheduled, at a valuation significantly higher than the current share price. The UAE' second biggest bank by market val More… |
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New Abu Dhabi bank eyes women's wealthA new investment bank in Abu Dhabi is targeting wealthy women in the oil-exporting emirate, which has one of the highest levels of income per capita in the world, saying women have different investment needs than men. Al Bashayer Investmen More… |
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QNB pays $302 million for Abu Dhabi bank stakeQatar National Bank (QNB) said on Wednesday it had paid QR1.1 billion ($302.2 million) for a 23.8 per cent stake in Abu Dhabi-listed Commercial Bank International (CBI). Qatar's largest bank had said earlier on Wednesday it intended to More… |
