2007
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Markaz $89.4m 9-month profit
The Kuwait Financial Centre (Markaz), an investment banking and asset management firm, has posted... Read full article »
Octal, BankMuscat financing
Oman's Octal Petrochemicals has secured the initial phase of financing required for its plastic... Read full article »
DED exec seeks law change
Khalid Ibrahim Al Kassim, the Deputy DG of Planning and Development at Dubai's Department of... Read full article »
Al Salam $46.2m Q3 profit
The Al Salam Bank-Bahrain has posted a Q3 net profit of $46.2m, an increase of $32.4m over the... Read full article »
Sabic out of Mauritania
The Saudi Basic Industries Corporation (Sabic), has pulled out of a $1.5bn iron project in... Read full article »
Mideast bank eyes RHB
An un-named Middle Eastern bank and a Japanese lender are interested in buying a strategic stake... Read full article »
Bank Mellat criticises US
Iran's Bank Mellat has criticised the US for imposing sanctions on the lender for its alleged... Read full article »
Ithmaar eyes Shamil stake
Bahrain's Ithmaar Bank is hoping to buy the remaining 40% stake it does not own of subsidiary... Read full article »
CBQ targets top spot
The Commercial Bank of Qatar (CBQ), the country's second biggest lender, is looking to become the... Read full article »
Industries Qatar to borrow $1.6bn
Qatar's largest listed company is seeking $1.6bn of loans to expand its fertiliser unit, reported... Read full article »
NBAD provides loan to Al Farida
The UAE's biggest lender, National Bank of Abu Dhabi, will provide $109m in loans to Al Farida... Read full article »
Emirate's NBD profit hits $698m
Emirates NBD, the banking group resulting from the merger of Emirates Bank and National Bank of... Read full article »
SABB to boost capital by 60%
Saudi-based SABB Bank plans to raise its capital to SR6 billion ($1.6bn) by issuing 3 bonus... Read full article »
China plans Egypt industrial zone
China plans to establish a $100m industrial zone in Egypt's Suez region which is expected to... Read full article »
S-G plans $50m plant in UAE
Saint-Gobain, the world's top plasterboard producer, plans to establish a $50m plant in Abu Dhabi... Read full article »
