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Al Rajhi seeks Kuwait entry

Sheikh Salem Abdul Aziz Al Sabah, the Governor of Kuwait's Central Bank, has revealed Saudi... Read full article »
Kuwait: Monday, December 31 - 2007 at 15:19

EFG-Hermes targets maize firm

An investment fund run by Egyptian lender EFG-Hermes is hoping to acquire around 31.6% of the... Read full article »
Egypt: Monday, December 31 - 2007 at 14:39

Sabic offers bonus shares

The Saudi Basic Industries Corporation (Sabic) plans to offer its shareholders one free share for... Read full article »
Saudi Arabia: Monday, December 31 - 2007 at 07:27

Bahrainis eye BBK stake

Investors from Bahrain are looking to acquire a sizeable holding in the Bank of Bahrain and... Read full article »
Bahrain: Sunday, December 30 - 2007 at 16:36

NBK share sale oversubscribed

The National Bank of Kuwait (NBK) has revealed that its $1.5bn share sale, which ended on... Read full article »
Kuwait: Sunday, December 30 - 2007 at 08:33

Arabian Cement ups capital

Saudi Arabia's Arabian Cement is to sell $133.6m worth of new shares to its shareholders as part... Read full article »
Saudi Arabia: Sunday, December 30 - 2007 at 07:57

UAE banks $6.8bn profit

The combined profit of the UAE's banks is set to spike by 25% this year to $6.8bn, reported Gulf... Read full article »
United Arab Emirates: Saturday, December 29 - 2007 at 08:28

DED issues 1,144 licences

Dubai's Department of Economic Development (DED) issued 1,144 new licences in November, with the... Read full article »
United Arab Emirates: Saturday, December 29 - 2007 at 08:07

UAE reviews policy

The Governor of the UAE Central Bank Sultan bin Nasser Al Suwaidi has said foreign banks will... Read full article »
United Arab Emirates: Saturday, December 29 - 2007 at 07:43

Egyptian bank seeks Gulf expansion

Egyptian investment bank Naeem Holding is seeking investment opportunities in Bahrain and Qatar... Read full article »
Egypt: Thursday, December 27 - 2007 at 09:31

ADCB confirms RHB talks

The Abu Dhabi Commercial Bank (ADCB) has confirmed it is in negotiations to buy a 25% holding in... Read full article »
United Arab Emirates: Monday, December 24 - 2007 at 10:18

Swiss regulator studies UBS

Switzerland's Federal Banking Commission is to investigate how the UBS bank accumulated... Read full article »
Saudi Arabia: Monday, December 24 - 2007 at 08:45

No subprime blues for UAE

Ratings agency Moody's is the latest organisation to say that the ongoing subprime mortgage... Read full article »
United Arab Emirates: Monday, December 24 - 2007 at 07:34

Arab Bank, Dubai World loan

Jordan's Arab Bank Group has acted as the lead mandated arranger of a $5bn loan for Dubai World.... Read full article »
Jordan: Sunday, December 23 - 2007 at 14:05

Hyundai Saudi petrochem deal

South Korea's Hyundai Engineering Company has secured a deal to construct a petrochemical plant... Read full article »
Saudi Arabia: Sunday, December 23 - 2007 at 09:22
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