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QNB to launch India operations in Q3 2013
Qatar National Bank (QNB) has announced it had received all regulatory approvals to set up a... Read full article »
Bahrain's NBB, SIOAM buy 25.8% BisB shares
National Bank of Bahrain (NBB) and SIO Asset Management Co (SIOAM) have said they have completed... Read full article »
Qatar to acquire about $500m of Russia's VTB shares
Russian lender VTB has said sovereign wealth funds of Qatar, Norway and Azerbaijan will each get... Read full article »
Ahlibank seeking extension to close Taageer buyout
Oman-based lender Ahlibank, which signed a memorandum of understanding with Taageer Finance Co... Read full article »
NBK's Egyptian subsidiary posts 15.3% rise in profits
National Bank of Kuwait Group (NBK) has said its Al Watany Bank of Egypt (AWB) subsidiary has... Read full article »
Oman reports decline in bounced cheque cases
Oman's Public Prosecution has said the number of cases of bounced cheques in the sultanate fell... Read full article »
Qatari lenders post 20% growth in assets
QNB Group has said that Qatari lenders have witnessed a compounded annual growth rate (CAGR) of... Read full article »
Google enables users to transfer payments through Gmail
Google Inc. has said it is integrating Gmail with Google Wallet so that users can send payments... Read full article »
Emirates NBD to boost capital with bond sale
Emirates NBD plans to tap global debt markets for its first capital-boosting bond issue, as Gulf... Read full article »
Al Baraka Islamic launches $200m sukuk
Bahrain-based Al Baraka Islamic Bank is raising $200m through trust certificates in a Sukuk Al... Read full article »
Lebanese lenders see no short-term effects from Moody's warning
The Association of Banks in Lebanon has dismissed any short-term effect from Moody's negative... Read full article »
Egypt's Commercial Int'l posts 30% jump in Q1 profit
Egypt's biggest listed bank Commercial International Bank (CIB) has posted a 30% year-on-year... Read full article »
Moody's revises Lebanese lenders' outlook
Moody's ratings agency has revised the outlook on the long-term local and foreign currency... Read full article »
NextCare Holding granted licence to operate in Bahrain
NextCare Holding has received the approval of the central bank of Bahrain to set up NextCare... Read full article »
CBD launches $500m 5-year bond
Commercial Bank of Dubai (CBD) has launched a $500m, five-year debut international bond with a... Read full article »
