Ahli Bank in focus at Qatar Exchange
- Qatar: Wednesday, January 30 - 2013 at 15:20
The QE 20 Index rose 0.44% Wednesday to hit a 2-week high at 8,727.83 points Wednesday. Al Ahli Bank ended even at QR57. Market bellwether Industries Qatar gained 0.25% to reach QR167.40. Ahli Bank closed unchanged at QR57. Earlier in the day, Ahli Bank said it earner in a 2012 a net income a net profit of QR465.1m versus QR442.2m in 2011. The board of directors recommended a 30% cash dividend, equivalent of QR3 per share. Ahli Bank's Board of Directors have appointed Mr. Salah Jasim Mohamed Ahmed Murad , as CEO of the Bank , effective from Thursday 29th of January 2013. Ahli Bank announced the results of its Extraordinary AGM held on Tuesday, January 29, 2013, in which the shareholders unanimously approved the agenda and the selling of Ahli Bank in a trade of 37,374,000 shares to Qatar Foundation for Education, Science and Community Development. On Jan. 10, Bahraini lender Ahli United Bank sold its 33% stake in Qatar's Ahli Bank to the Qatari sovereign fund.
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