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Dubai Islamic Bank CEO quits

Dubai Islamic Bank has announced that its chief executive officer, Saad Abdul Razak, is stepping... Read full article »
United Arab Emirates: Thursday, October 11 - 2007 at 10:39

Citigroup expects strong growth

Citigroup is expecting its private banking business to grow by 25 to 30% in the Middle East,... Read full article »
Thursday, October 11 - 2007 at 07:26

Banks sign $72m loan facility

Barclays Bank, Al Ahli Bank of Kuwait and GPD Investments have signed a $72m term loan facility... Read full article »
United Arab Emirates: Wednesday, October 10 - 2007 at 13:28

HSBC in Oman names CEO

HSBC has appointed Ewan Stirling as the Chief Executive Officer of the HSBC Bank in Oman,... Read full article »
Oman: Wednesday, October 10 - 2007 at 11:09

Barclays to expand in Abu Dhabi

Barclays plans to open a new branch in Abu Dhabi next year as part of its expansion plans in... Read full article »
United Arab Emirates: Wednesday, October 10 - 2007 at 07:34

Eskan issues RMBS bonds

Eskan RMBS Company, a subsidiary of Eskan Bank, has issued BD30m worth of conventional... Read full article »
Bahrain: Tuesday, October 09 - 2007 at 13:45

Masraf Al Rayan's profit soars

Third-quarter profit for Masraf Al Rayan, Qatar's third-largest Islamic bank by market value,... Read full article »
Qatar: Tuesday, October 09 - 2007 at 13:08

Ritchie to broadcast auctions live

Ritchie Bros., the world's largest industrial auction company, will begin broadcasting its Dubai... Read full article »
United Arab Emirates: Tuesday, October 09 - 2007 at 06:39

Alghanim doubles production

Kuwait's Alghanim Industries is doubling its capacity in its mineral wool insulation and pre-... Read full article »
Kuwait: Monday, October 08 - 2007 at 08:15

Dubai textiles up 11%

A survey by the Emirates Industrial Bank has revealed that Dubai's textile imports increased by... Read full article »
United Arab Emirates: Monday, October 08 - 2007 at 06:55

Emirates Bank $81.6m deal

The Emirates Bank has agreed an $81.6m credit facility with Nael Bin Harmal Investment, part of... Read full article »
United Arab Emirates: Monday, October 08 - 2007 at 06:34

SEC appoints Baker Botts

The Saudi Electricity Company (SEC) has named Baker Botts, in association with the law firm of... Read full article »
Saudi Arabia: Sunday, October 07 - 2007 at 13:30

Arab National $530m profit

Saudi Arabia's Arab National Bank (ANB) has achieved a net profit of $529.7m in the first nine... Read full article »
Saudi Arabia: Sunday, October 07 - 2007 at 09:11

Seven killed in Jeddah blaze

Seven men, thought to be Bangladeshi nationals, died in a blaze at an illegal furniture factory... Read full article »
Saudi Arabia: Sunday, October 07 - 2007 at 08:45

al khaliji appointment

Florence Janin Goodman has joined new Qatari lender al khaliji as its Senior Executive, Corporate... Read full article »
Qatar: Sunday, October 07 - 2007 at 06:32
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