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IIB buys stake in Amrahbank

Bahrain-based International Investment Bank, a globally-focused Islamic investment bank, has... Read full article »
Bahrain: Wednesday, October 24 - 2007 at 13:46

First Gulf profit rises to $138m

Abu Dhabi-based First Gulf Bank, said it posted a net profit of $138m for the third quarter of... Read full article »
United Arab Emirates: Wednesday, October 24 - 2007 at 06:35

Bank of Baroda enters Bahrain

The Central Bank of Bahrain has issued a licence to Bank of Baroda to establish a wholesale... Read full article »
Bahrain: Tuesday, October 23 - 2007 at 10:36

GCC ups industrial projects

The total value of all non-oil and gas industrial projects in the region currently exceeds $... Read full article »
Tuesday, October 23 - 2007 at 09:12

CBB creates new licence

The Central Bank of Bahrain has created a new licence aimed at facilitating the conduct of... Read full article »
Bahrain: Tuesday, October 23 - 2007 at 07:49

NBAD loans Dhs1.1bn for Dalma Mall

National Bank of Abu Dhabi (NBAD) and the Developers LLC has signed an agreement for a term loan... Read full article »
United Arab Emirates: Monday, October 22 - 2007 at 13:11

Bank raises $630m for Energy City

Gulf Finance House has raised equity over $630m from investors across the GCC to fund Energy City... Read full article »
Bahrain: Monday, October 22 - 2007 at 10:32

Al Khaliji to buy BLC Bank

Al Khaliji announced that its plans to buy the entire assets of BLC Bank in the UAE is in... Read full article »
Qatar: Monday, October 22 - 2007 at 06:08

Barclays arranges $937m for DAE

Barclays Capital announced its successful syndication of $937m for Dubai Aerospace Enterprise(... Read full article »
United Arab Emirates: Sunday, October 21 - 2007 at 13:09

EIB posts highest returns

Emirates Islamic Bank (EIB) announced its profits on investment and savings accounts for Q3 2007... Read full article »
United Arab Emirates: Sunday, October 21 - 2007 at 12:43

Dubai Bank profit soars 540%

Dubai Bank has announced that its net profit for the 9-month period ending in September 2007... Read full article »
United Arab Emirates: Sunday, October 21 - 2007 at 06:54

First Gulf eyes Algeria branch

First Gulf Bank (FGB) announced in a statement that its senior delegation has met with Algerian... Read full article »
United Arab Emirates: Saturday, October 20 - 2007 at 14:36

Gulf Bank profits $376.3m in Q3

Gulf Bank has reported a net profit ending 30th September 2007 reaching $376.3m, an increase of... Read full article »
Kuwait: Saturday, October 20 - 2007 at 13:50

Dubai World secures $5bn loans

Dubai World Corporation has completed its debut syndicated fundraising of $5bn in loans, which... Read full article »
United Arab Emirates: Saturday, October 20 - 2007 at 06:39

EIB net profit up 88%

Emirates Islamic Bank has reported that it achieved a net profit of Dhs144.4m for the third... Read full article »
United Arab Emirates: Thursday, October 18 - 2007 at 14:48
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