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1-10 results from 491 for query «dubai»

October 10, 2018 1:57 PM Arabnet Kuwait 2018 final day features Money forum

Mubasher: The final conference day of Arabnet Kuwait 2018 on Wednesday, 10 October, has featured the Money forum that is sponsored by Kuwait Finance House (KFH), according to a recent statement. The third edition of Arabnet Kuwait, which kicked off on 8 October, hosted more than 1000 government leaders, digital practitioners, and entrepreneurs from across 2

October 9, 2018 11:39 AM Al Baraka Turk closes a TL250m Sukuk

MANAMA: Al Baraka Turk Participation Bank, one of the subsidiary banking units of Al Baraka Banking Group (ABG) has successfully finalized the issuance of a TL 250 million lease certificate (sukuk) through its subsidiary, Bereket Varlık Kiralama Şirketi. While the targeted amount of the issuance was TL 200 million, the demand for the certificates, which 2

October 8, 2018 2:10 PM Al Baraka Turk issues $40m sukuk

Mubasher: Al Baraka Banking Group – Turkey (Al Baraka Turk), has issued leasing certificates, sukuk, at a total value of 250 million Turkish Lira ($40.6 million). Al Baraka Turk, which is listed on Nasdaq Dubai and Bahrain Bourse (BHB), has issued the sukuk through Bereket Varlık Kiralama Şirketi, according to a recent statement. The target amount of this sukuk 2

October 7, 2018 8:13 AM UAE’s Linesight runs over $10bn projects in GCC

Mubasher: Linesight, is currently working on project developments across the Gulf region at a value exceeding $10 billion, according to a recent statement. The UAE company noted that it is experiencing an annual revenue growth of an average 6.6%. Celebrating a decade since opening its regional Middle Eastern office in Dubai in 2008, Linesight has been offering 3

October 7, 2018 6:05 AM Bahrain central bank nods to GFH property portfolio sale

Mubasher: GFH Group on Sunday announced receiving “conditional approval” from the Central Bank of Bahrain (CBB) regarding the offer received in the sale of the company’s real estate portfolio. The original announcement for the portfolio sale was made in May, the firm said. The Bahrain-based financial group confirmed that the offer it had received amounts 2

October 2, 2018 7:49 AM GFH Group acquires $200m sukuk from Al Rajhi Bank

Dubai – Mubasher: GFH Financial Group, listed on the Bahrain Bourse, the Boursa Kuwait, and the Dubai Financial Market (DFM), has signed an agreement to acquire $200 million sukuk of Villamar Company Limited from Al Rajhi Bank. The sukuk were issued in 2008 to finance the iconic Villamar project in the Kingdom of Bahrain, according to a statement on Tuesday 2

October 1, 2018 12:25 PM Dubai to host 15th GCC Insurance Forum

Dubai – Mubasher: Dubai will host the 15th annual Gulf Insurance Forum from 17 to 18 October, under the auspices of Sultan bin Saeed Al Mansouri, minister of economy and chairman of the UAE’s Insurance Authority. More than 100 leaders and experts from the UAE, Gulf, and other international insurance companies are slated to participate in the two-day 6

September 19, 2018 6:37 AM GFH completes acquisition of 5% treasury shares

Dubai – Mubasher: GFH Financial Group, listed on the Dubai Financial Market (DFM), Bahrain Bourse, and Boursa Kuwait, on Wednesday announced it has completed the acquisition of 5% of its total issued shares as treasury shares. The Bahrain-based group is seeking the Central Bank of Bahrain’s (CBB) approval to carry on the treasury shares repurchase program 9

September 18, 2018 3:04 PM Ithmaar Bank to launch 1st biometric payment network

Mubasher: Ithmaar Bank and Eazy Financial Services intend to launch the region’s first biometric payment network, backed by the Labour Fund “Tamkeen”, providing a new and more efficient alternative for customers to execute several financial transactions, according to a recent statement. Upon the joint agreement, customers of Ithmaar Bank, which is listed 3

September 17, 2018 2:26 PM DFM accredits Bahrain's SICO as market maker

Dubai - Mubasher: The Dubai Financial Market (DFM) has accredited SICO BSC to provide liquidity and act as a market maker for companies listed on the Emirati market. The accreditation of SICO will create dynamic two-way markets, which could enhance the liquidity of the DFM-listed companies and, therefore, benefit both investors and stocks in the market 1