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A report by Arqaam Capital has said new capital may be required by up to 20% of banks in the...
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Middle East:
Thursday, May 24 - 2012 at 11:44
Saif al Shamsi, assistant governor of the UAE central bank has said the country needs a...
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United Arab Emirates:
Thursday, May 24 - 2012 at 11:43
Oman's first Islamic bank, Bank Nizwa has said its initial public offering (IPO) has closed on...
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Oman:
Thursday, May 24 - 2012 at 11:42
Dubai Islamic Bank (DIB) has priced a five-year, $500m Islamic bond, the first time the bank has...
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United Arab Emirates:
Wednesday, May 23 - 2012 at 11:01
Bankers in Lebanon have said some concerned citizens have moved to convert their Lebanese pound...
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Lebanon:
Wednesday, May 23 - 2012 at 11:01
Lebanese lender Société Générale de Banques au Liban (SGBL) is looking to sell the Bank of Gambia...
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Lebanon:
Wednesday, May 23 - 2012 at 11:00
Banks operating in Saudi Arabia may sell bonds denominated in dollars to better meet the long-...
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Saudi Arabia:
Tuesday, May 22 - 2012 at 11:03
Dubai Islamic Bank (DIB) has released initial price guidance for a new 5-year benchmark-sized...
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United Arab Emirates:
Tuesday, May 22 - 2012 at 11:01
Coutts & Co, the wealth arm of Royal Bank of Scotland (RBS), has embarked on an aggressive hiring...
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Middle East:
Monday, May 21 - 2012 at 10:48
Kuwait's Warba Bank has been selected as lead arranger by National Industries Group Holding (NIG)...
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Kuwait:
Monday, May 21 - 2012 at 10:46
The Iraqi central bank has accused banks in the country, except Rasheed Bank, of fraud over the...
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Iraq:
Sunday, May 20 - 2012 at 09:30
UK-based Xpress Money has said the UAE could be one of two trial markets as the payment services...
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United Arab Emirates:
Sunday, May 20 - 2012 at 09:27
The UK's largest standalone Shari'ah-compliant, Bank of London and the Middle East (BLME) is...
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Middle East:
Saturday, May 19 - 2012 at 12:01
Lebanese lender, Bank Audi has agreed to sell most of its stake in LIA Insurance Co to a major...
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Lebanon:
Thursday, May 17 - 2012 at 10:23
Ahmad Mohamed Ali, chairman of Saudi-based Islamic Development Bank (IDB) has unveiled plans to...
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Saudi Arabia:
Thursday, May 17 - 2012 at 10:21