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BankDhofar ready to launch Islamic banking
Omani lender BankDhofar has said it is ready to launch its new Islamic banking services, subject... Read full article »
QNB acquires SocGen's stake in Egypt arm for $2bn
Qatar National Bank has bought the majority stake of Societe Generale in Egypt's National Societe... Read full article »
ENBD expects small business lending to double next year
Emirates NBD has said it expects lending to small businesses in 2013 to double and top Dhs1bn ($... Read full article »
UNB planning to tap bond market
Abu Dhabi's Union National Bank (UNB) has revealed plans to tap bond markets 'shortly' under its... Read full article »
Fitch affirms ratings for HSBC Bank Middle East and Bank Oman
Fitch Ratings has affirmed HSBC Bank Middle East's long-term issuer default ratings at 'AA-' and... Read full article »
NBAD looking to expand abroad
The UAE's largest lender by market value, National Bank of Abu Dhabi (NBAD) has said it is... Read full article »
HSBC to pay record $1.9bn fine in money laundering case
HSBC has agreed to pay a record $1.92bn fine to settle a multi-year probe by US prosecutors, who... Read full article »
Falcon eyeing more acquisitions
Falcon Private Bank, the Abu Dhabi-owned entity which bought the London unit of Clariden Leu, is... Read full article »
Qatar introduces new law for accepting deposits
Qatar has passed a new law that specifies stringent punishment for people and entities found... Read full article »
Lebanon's Audi in talks with Citibank over Odeabank sale
Lebanon's Audi Bank is in talks with Citigroup on the sale of its consumer banking unit in... Read full article »
GIB raises $ 500m through bond issue
Gulf International Bank (GIB) has announced the successful completion of its senior unsecured $... Read full article »
Oman banking law revised to include Islamic operations
Oman's central bank has revised the legal framework of the sultanate's banking system for the... Read full article »
Remittances from Oman hit $7.2bn in 2011
According to data released by the central bank of Oman, remittances by the expatriate community... Read full article »
Qatari developers top borrowers last year
Qatar's central bank has said the real estate has emerged as a key borrower, pushing the banking... Read full article »
HSBC, Standard Chartered nearing settlement over Iran claims
HSBC Holdings and Standard Chartered may settle US charges involving money-laundering violations... Read full article »
