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  • alahadbank

    Qatar’s Ahli bank announces $123 million capital hike

    Ahli Bank, Qatar's seventh-largest listed lender by market value, plans to raise its capital by 20 percent through a rights issue starting later this month, the bank said in a statement on Tuesday.

    September 4, 2012 5:30
  • September  18, 2006

    Dubai Group sells Turkey insurance arm

    Mashreq Bank unit buys 51 pct stake in Turkish arm; Remaining stake bought by ex-AIG CEO's firm; Turkey seen attractive to foreign insurers; Dubai Group is in midst of $10 bln restructuring

    September 4, 2012 5:29
  • Barclays Bank

    Barclays sees Middle East driving investment bank

    The Middle East will be an important growth area in coming years for investment banks, including Barclays, as local wealth funds put their oil dollars to work buying European assets, a senior executive at the British bank said.

    September 4, 2012 10:23