Showing posts with the label capital

Car bomber kills 7 in Somali capital

MOGADISHU seven people were killed on Sunday morning when a suicide bomber rammed a car laden with explosives into a military convoy. Mohamed Abdi, an officer on the scene of the explosion, said fou…

Arabtec chief eyes growth with capital raise; shares slump

REUTERS DUBAI DUBAI builder Arabtec, which underwent a major management shakeup last week, said it will rely on the reputation of its biggest shareholder and proceeds from a planned $1.8 billion cap…

50% of Doha bank capital hike plan okayed

The extraordinary general meeting of Doha Bank on Wednesday approved the capital increase of 50 per cent two-stage plan. The General Assembly approved increase 25 percent of the current paid-in capi…

IFSB releases draft standards on capital adequacy, takaful

REUTERS DUBAI THE Islamic Financial Services Board (IFSB) released new draft guidelines on capital adequacy for Islamic banks and the risk management of takaful (Islamic insurance) companies, the in…

Doha Bank plans share sale in UK to raise capital

REUTERS DUBAI DOHA BANK, Qatar’s fifthlargest bank by market value, is considering selling shares in London as part of a plan to boost capital by up to $1.6 billion in 2013, four banking sources sai…

Doha Bank appoints JP Morgan for capital hike plan

ZAWYA DOW JONES DOHA DOHA Bank, which could look to raise up to QR4billion ($1.09 billion) in fresh capital early next year to boost its lending firepower, has appointed JP Morgan as sole adviser on…
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