Oil prices become an emerging worry for the global airline industry
With the global aviation traffic showing an 8.2% increase in January, the growing oil prices has become an emerging worry ...
Tag: Libya
MENA markets outlook, challenges and opportunities take center stage at annual capital markets conference
The market outlook for the Middle East and North Africa (MENA) and the impact of the unfolding of the latest ...
‘ABC Group is not subject to asset freeze of the US or UN’
Bahrain-based Arab Banking Corporation (ABC), which is 59.3%, owned by the Libyan Central Bank, is not subject to the asset ...
S&P downgrades ABC to BBB, CrediWatch Negative
Bahrain-based Arab Banking Corporation (ABC) become the fifth major financial institution whose ratings have been either lowered or placed on ...
Thousands of Bahrainis, residents march in support of Government on Friday
Thousands of Bahrainis and residents took to the streets of Manama ...
BIBF honours 505 graduates at a ceremony
Around 505 students successfully completed their professional qualifications and were honoured during the BIBF’s 24th Annual Graduation ceremony held at ...
Ithmaar Bank and AUB sign $167million Morabaha deal
Bahrain-based Ithmaar Bank, an Islamic retail and commercial bank, and Ahli United Bank (AUB), a full commercial banking institution signed ...
Fitch downgrades ABC to ‘BBB/’F3’; outlook stable
Fitch Ratings has downgraded Bahrain-based Arab Banking Corporation's (ABC) long-term foreign currency issuer default rating (IDR) to 'BBB' from 'BBB+' ...
ABC acquires $60m stake in Mediterranean Bank of Libya
Bahrain-based Arab Banking Corporation (ABC) On Tuesday announced that it had entered into an agreement to acquire a 49% ownership ...