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Fifth of MENA banks face capital shortfall - report
A report by Arqaam Capital has said new capital may be required by up to 20% of banks in the... Read full article »
Calls made for unified Shariah board to boost UAE market
Saif al Shamsi, assistant governor of the UAE central bank has said the country needs a... Read full article »
Bank Nizwa IPO evokes 'excellent response'
Oman's first Islamic bank, Bank Nizwa has said its initial public offering (IPO) has closed on... Read full article »
Dubai Islamic Bank prices five-year $500m Islamic bond
Dubai Islamic Bank (DIB) has priced a five-year, $500m Islamic bond, the first time the bank has... Read full article »
Lebanese bankers say demand for dollars heavy but not unprecedented
Bankers in Lebanon have said some concerned citizens have moved to convert their Lebanese pound... Read full article »
SGBL planning to sell Bank of Gambia - report
Lebanese lender Société Générale de Banques au Liban (SGBL) is looking to sell the Bank of Gambia... Read full article »
Saudi banks could sell dollar bonds
Banks operating in Saudi Arabia may sell bonds denominated in dollars to better meet the long-... Read full article »
Dubai's DIB eyes five-year Islamic bond
Dubai Islamic Bank (DIB) has released initial price guidance for a new 5-year benchmark-sized... Read full article »
Coutts launches hiring spree to strengthen business
Coutts & Co, the wealth arm of Royal Bank of Scotland (RBS), has embarked on an aggressive hiring... Read full article »
Kuwait's NIG looks to raise $358m
Kuwait's Warba Bank has been selected as lead arranger by National Industries Group Holding (NIG)... Read full article »
Iraqi Central Bank accuses banks of 'fraud'
The Iraqi central bank has accused banks in the country, except Rasheed Bank, of fraud over the... Read full article »
Xpress Money eyes UAE market
UK-based Xpress Money has said the UAE could be one of two trial markets as the payment services... Read full article »
London Islamic bank targets Middle East expansion
The UK's largest standalone Shari'ah-compliant, Bank of London and the Middle East (BLME) is... Read full article »
Bank Audi agrees majority stake sale to Saham
Lebanese lender, Bank Audi has agreed to sell most of its stake in LIA Insurance Co to a major... Read full article »
Islamic Development Bank eyes $1bn sukuk by June
Ahmad Mohamed Ali, chairman of Saudi-based Islamic Development Bank (IDB) has unveiled plans to... Read full article »
