Middle East business information

Banking

Oman's Ahlibank to launch Islamic MENA fund
Arig's quarterly net profit down 49%
Qatar First Bank to open first branch in Q3
Bank Muscat completes IFC private placement
Qatar Insurance raises capital base to QR1.28bn
Amlak to propose loan extension, 30% debt cut
Bank Muscat mulling options to recover card fraud funds
Omani lenders told to boost SME lending
KFH-Turkey posts $28.3m in Q1 profit
KIB's IDR affirmed by Fitch

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