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barwa bank

Barwa Bank, International Bank of Qatar to merge

Barwa Bank and International Bank of Qatar (ibq) have signed an agreement for the merger of the two banks to create a leading Sharia compliant financial institution with a solid financial position and robust liquidity. The merger

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Barwa Bank posts $200m net profit

Barwa Bank, a Shari'ah compliant services provider in Qatar, has recorded a full year net profit of QR729.7 million ($200.2 million) in 2015 compared to the year before, with earnings per share (EPS) reaching QR2.46. Announcin

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Barwa Bank unit buys into restaurant chain

The First Investor, the investment banking arm of Barwa Bank Group, has acquired a 49 per cent stake in Shater Abbas Restaurants International Group, a leading restaurant chain headquartered in Qatar. Yousef Al Obaidan, acting chi

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Barwa Bank unit buys into restaurant chain

The First Investor, the investment banking arm of Barwa Bank Group, has acquired a 49 per cent stake in Shater Abbas Restaurants International Group, a leading restaurant chain headquartered in Qatar. Yousef Al Obaidan, acting chi

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Barwa Bank appoints new CCO

Barwa Bank, a Shari’ah compliant services provider in Qatar, has promoted Talal Ahmad Al Khaja to the role of chief communications officer (CCO). In his new role, Al Khaja will be tasked with overseeing the bank’s mark

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Barwa Bank posts 16pc increase in total assets

Qatar-based Barwa Bank has registered a record 16 per cent jump in its total assets for the first half of the year, hitting QAR41.3 billion ($11.3 billion), with a 10 per cent increase in financing assets alone to exceed QAR24.4 billion ($6.7 bi

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Barwa Bank Q1 profit up 4pc to top $57m

Barwa Bank, a leading Shari’ah-compliant service provider in Qatar, has posted a net profit of QR209 million ($57.3 million) for the first quarter of 2015, as against QR 201 million for the same period last year, marking an increase of fou

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Barwa gets approval for $2bn sukuk programme

Shareholders of Qatar's Barwa Bank approved plans for a $2 billion senior unsecured sukuk programme that could be issued in various currencies, the lender said in a statement on Tuesday. The Islamic bank did not specify a time

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Barwa wins top innovation award at Euromoney

Barwa Bank, a leading Shari'ah compliant banking service provider in Qatar, said it has been recognised for its lead role in international sukuk issuance by the Euromoney Awards for Innovation in Islamic Finance 2015. Barwa Ba

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Qatar Exchange sees Barwa, Qatar First Bank listing

Qatar Exchange could see the listing of Barwa Bank and Qatar First Bank in 2015, depending on assent from the regulator, the bourse's chief executive said recently. Both are sharia-compliant banks and have been talked about as

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