Ahli Bank, Qatar’s seventh-largest lender by market value, had said in November its strategic partner would offload its holding and that the proposed sale was being reviewed by the Qatar central bank. Qatar Foundation, a non-profit organization wholly-owned by the Qatar royal family and which focuses on developing the Gulf Arab state’s education and science sectors, will now become Ahli Bank’s largest shareholder, followed by the Qatar Investment Authority which has a 16.7 Read more [...]

Bahrain launches key project to help women Manama, 1 hours, 18 minutes ago Bahrain has launched a key social project benefiting divorced women, widows, abandoned wives and single orphaned women, a report said. HRH Princess Sabeeka bint Ibrahim Al Khalifa, wife of His Majesty the King and President of the Supreme Council for Women, gave the green light to start work on the project in the Northern Governorate, according to a report published in our sister Read more [...]

Bahrain launches key project to help women Manama, 1 hours, 18 minutes ago Bahrain has launched a key social project benefiting divorced women, widows, abandoned wives and single orphaned women, a report said. HRH Princess Sabeeka bint Ibrahim Al Khalifa, wife of His Majesty the King and President of the Supreme Council for Women, gave the green light to start work on the project in the Northern Governorate, according to a report published in our sister Read more [...]

The planes have been delivered to Emirates Airlines in June and November 2012. The bank had previously acquired in 2007 a Boeing 777-200ER on lease to the Malaysian Airlines. On this occasion, Talal Abdul Aziz Al Mulla, Acting Head of Investment, pointed out that "this is a unique investment opportunity with a high quality asset and a financially strong lessee," adding that "this investment comes in line with the Bank's strategy in providing opportunities producing regular income and continuous cash Read more [...]

The planes have been delivered to Emirates Airlines in June and November 2012. The bank had previously acquired in 2007 a Boeing 777-200ER on lease to the Malaysian Airlines. On this occasion, Talal Abdul Aziz Al Mulla, Acting Head of Investment, pointed out that "this is a unique investment opportunity with a high quality asset and a financially strong lessee," adding that "this investment comes in line with the Bank's strategy in providing opportunities producing regular income and continuous cash Read more [...]

DUBAI |
Thu Jan 10, 2013 12:40am EST