Ahli United Bank BSC

Kuwait's Gulf Bank says it expects its bad loans will weigh on company profits up to mid-2010.

Confirmation reflects earlier report, citing bank's commercial position, diversification.

Eclipsed for many years by its more oil-rich cousins in the Gulf, the island kingdom of Bahrain is now fighting back.

Bahrain's largest bank by market value posts quarterly profit of $68mn.

Bahrain claims its financial sector is still on a roll following recent big investments.

Bahrain's biggest lender makes profit of $70.37mn in Q4, taking net income to $296mn for the year.

Bahraini lender wins regulatory approval to sell 300mn shares to existing investors.

Dubai investment bank denies it is part of group in talks to buy majority stake in Bahrain's Ahli United.

International Bank of Qatar says further talks over its $6.1bn bid for Ahli United Bank are unlikely to be productive.

Each week Arabian Business turns the spotlight on a leading company.

International Bank of Qatar has not reached agreement over due diligence, a Kuwaiti newspaper reports.

Ahli United has expressed reservations about opening its books to takeover suitor International Bank of Qatar.

Bahraini lender sees biggest one day gain in two years following reports of a $6.1bn takeover offer.

Shareholders will make a coordinated response to a $6.1mn takeover bid by International Bank of Qatar.

Ahli United Bank could get 113 million free shares in Omani mortgage lender Alliance Housing Bank.

The $132m stake in Oman's biggest mortgage lender trumps a takeover offer by Bank Muscat.

An investment group has made an offer for Ahli United Bank, the al-Qabas newspaper said on Saturday.

An unnamed official says the firm has no knowledge of offers to buy a stake in it.

Ahli United Bank, Bahrain, has completed the initial closing of its Pan Asian Industrial Fund at US$186m