1 TAIB Bank
Acacia structures its first Shari'ah compliant deal in India
- Acacia Real Estate Limited announced that it has acquired a 26% stake in a retail development mall in Delhi through a joint venture with Anant Raj Group, a publicly listed company with a market capitalization of $1.2bn.
- Bahrain: Tuesday, August 12 - 2008 at 08:23
TAIB rating upgraded by Capital Intelligence
- TAIB Bank B.S.C (c) has announced ratings upgrades by Capital Intelligence Limited, the Cyprus-based rating agency: BBB+ (Triple B plus) for the Long-term Foreign Currency Rating, A2 for the Short- Term Foreign Currency Rating, BBB- (Triple B minus) for Financial Strength, and a 'Support' Rating of 2.
- Bahrain: Tuesday, July 29 - 2008 at 11:24
ACACIA acquires three hotels in Thailand
- Acacia Real Estate Limited (ACACIA) announced that it has acquired a 50% stake in three internationally branded 5-star hotels in Thailand through a joint venture with Meridia Capital, a Spain-based private equity group, and Capital Hospitality Group, a specialised hotel investment firm.
- Bahrain: Sunday, June 29 - 2008 at 14:40
TAIB strengthens investment banking platform in Turkey
- TAIB Bank's high growth plans have been significantly advanced with an important strategic acquisition in Turkey, one of its key focus markets.
- Bahrain: Monday, June 09 - 2008 at 16:14
TAIB to increase Authorised Capital from $200m to $1bn
- At an Extraordinary General Assembly of Shareholders held, based on the recommendations of the Board of Directors, Bahrain-based TAIB Bank's shareholders approved an increase in the Authorised Capital of the Bank from $200m to $1bn, and the Paid-Up Capital from $107m to $250m.
- United Arab Emirates: Monday, March 31 - 2008 at 07:31
ACACIA lands first deal in India
- Acacia Real Estate Limited, the real estate company that Bahrain-based TAIB Bank spearheaded in December 2006, today announced that it acquired 49% of Logix TechnoPark, an Information Technology Park in Noida - a master planned city adjacent to India's national capital, Delhi. Total acquisition cost was $69m.
- Bahrain: Monday, March 03 - 2008 at 13:43
TAIB announces profit of $17m for 2007
- TAIB Bank B.S.C. (c), in Bahrain, today announced its results for 2007 -- a net profit of $17m.
- Bahrain: Saturday, February 09 - 2008 at 11:59
Russian market, latest addition to 'Global Reach' by TAIB Securities
- TAIB Securities WLL - the brokerage arm of TAIB Bank announced that its clients can now start trading in the Russian Stock Markets (RTS which is dollar based exchange and MICEX which is a ruble based exchange) through its 'Global Reach' Platform.
- United Arab Emirates: Wednesday, January 30 - 2008 at 14:45
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