Showing posts with the label banks

CBQ names two banks for bond sale

REUTERS DUBAI COMMERCIAL Bank Of Qatar (CBQ), which is buying a majority stake in Turkish lender Alternatifbank, has picked two banks for a potential bond sale to boost its core capital, sources sai…

Banks lift UAE indexes, other Gulf markets remain mixed

REUTERS DUBAI BANKS helped lift the Abu Dhabi and Dubai bourses on Sunday as investors bet on a fundamental improvement in the sector, while most other regional markets also gained. The UAE capital’…

Etisalat picks banks for $6bn Maroc stake buy

REUTERS DUBAI/LONDON ETISALAT, the United Arab Emirates’ biggest telecommunications operator, has hired banks to advise on its planned acquisition of Vivendi’s 53 percent stake in Maroc Telecom, ban…

Qatari banks to play vital role in mega projects’ completion

The Oscar For Best Fabrication ISAW Argo with Jerry Rafshoon, who was a top aide to President Jimmy Carter during the Iranian hostage crisis, when six Americans escaped and were given sanctuary for …

Qatari banks gear up for core sector growth pie

REUTERS DOHA QATARI banks are bulking up to play a role in funding the country’s massive infrastructure expansion. But in a country which is already overbanked by some measures, they may risk becomi…

Spain’s banks to see further consolidation

REUTERS MADRID AN emergency cash injection from Europe is set to trigger more takeovers in Spain’s shrinking financial sector, leaving around 10 banks compared with more than 40 just three years ago…

Qatar eyes stake in seven Europe banks

ASIF IQBAL DOHA QATAR is considering acquiring significant stake in a number of European investment banks reeling under the impact of economic recession and negotiations are already underway with se…

Gulf Islamic banks ready to step in if HSBC pulls back

REUTERS SYDNEY Four days after HSBC Holdings said it would shrink its global Islamic banking, National Bank of Abu Dhabi showed very different plans: it is focused on the contribution of the sharia-…
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