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United Arab Investors Company & Arab Corp Acquire 36.3% of the Union Bank Shares Financed through BLOM Bank

Investors Company (UAIC) along with Arab Corp, recently announced the acquisition of 25.58% of the Union Bank’s shares. This acquisition is a result of a consortium formed between UAIC and the Arab Corp ... involved including; Arab Corp Chairman and UAIC CEO Mr. Haytham Dahleh, BLOM Chairman Mr. Sa’id Azhari ...

17/05/2010 - 20:23 - comment 0

Arab Banking Corp. net profit slightly drops in 1Q02

Arab Banking Corporation (ABC), the parent company of the Arab banking group headquartered in Bahrain, announced its financial results for the first quarter of 2002 with a net profit of $34 million, a Arab Banking Corporation (ABC), ...

15/08/2010 - 14:20 - comment 0

Arab Banking Corp. profits up 15 percent

The Bahrain-based Arab Banking Corporation (ABC) announced a 15 percent rise in its net profit for the first three quarters of 2000, which rose to $98 million, from the $85 million reported at the end The Bahrain-based Arab Banking ...

15/08/2010 - 23:48 - comment 0

Visa awards LEADER to Emirates NBD in UAE and Al Rajhi Banking & Investment Corp in KSA for excellence in fraud management

and Al Rajhi Banking & Investment Corp. at the Visa APCEMEA 2013 Security Summit. Visa Inc. today recognized the contribution of Emirates NBD and Al Rajhi Banking & Investment Corp ... in MENA” award for being the largest bank by assets in the United Arab Emirates that has performed ...

Press Release - 29/05/2013 - 11:24 - comment 0

Egypt’s Petroleum Corp receive $100 million loan

institutions will re-offer the loan to a limited number of Arab, Egyptian and international banks ... According to the General Manager of the Arab Investment Corporation, Faysal Elwan, a major US bank ... Three Arab and international financial institutions ...

15/08/2010 - 14:22 - comment 0

Canada’s PotashCorp acquires 26 percent of APC

outstanding shares are now 26.9 percent held by JIC, 26 percent by PotashCorp, 21 percent by Arab Mining Company, with the remainder held by other Arab governments, banks and individual investors.    ... percent Arab Potash Company (APC)’s shares for approximately $173 million. The purchase will be financed ...

15/08/2010 - 12:31 - comment 0

S&P revises Arab Banking’s outlook to “positive”

upgraded its outlook of the Arab Banking Corp. (ABC) from stable to positive on Monday, July 23. The bank’s ... rating agency, upgraded its outlook of the Arab Banking Corp. (ABC) from stable to positive on Monday, ... Bahrain-based Arab Banking Corp. is the largest Arab bank in terms of assets. The bank’s total assets ...

15/08/2010 - 15:48 - comment 0

Arab cash reserves booming

International cash reserves in Arab nations are forecast to record a massive $115 billion growth in 2012, mainly due to higher oil prices, the Arab Investment & Export Credit Guarantee Corp (IAIGC) said. ... Cash reserves in the Arab region are forecast ...

02/12/2012 - 08:52 - comment 0

Metito gets funding to expand in Egypt, Asia

Dhabi-based Gulf Capital and 6 percent by the World Bank's International Finance Corp, is also looking ... by Abu Dhabi-based Gulf Capital and 6 percent by the World Bank's International Finance Corp ... United Arab Emirates-based water and waste-water ...

17/06/2013 - 11:41 - comment 0

World Bank's International Finance Corp planning Egyptian currency swaps

The World Bank’s International Finance Corp ... The World Bank’s International Finance Corp is reportedly planning to conduct currency swaps in Egypt to help local firms meet their foreign exchange needs. The International Finance Corp is considering ...

19/03/2013 - 08:46 - comment 0