2007
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UAE to have first ATM for disabled
The UAE plans to have the first automated teller machines (ATM) network for people with special... Read full article »
Gulf eyes US banks
The Abu Dhabi Investment Authority's acquisition of a 4.9% stake in Citigroup could spur further... Read full article »
KFH introduce Sharia-compliant credit card
Kuwait Finance House in Bahrain announced the launch of the first Islamic EMV compliant credit... Read full article »
UAE grants licenses to three Gulf banks
As part of its growth plan for the banking sector Sultan Bin Nasser Al Suwaidi, Governor of the... Read full article »
RAKIA prices sukuks
The UAE Ras Al Khaimah Investment Authority (RAKIA) priced $325m of sukuks in line with guidance... Read full article »
UAE seize counterfeit bills
Police in the UAE have cracked down on a counterfeit money clamor and seized more than $6m fake... Read full article »
DEWA postpones sukuk
The Dubai Electricity & Water Authority (Dewa) postponed an Islamic bond sale for the rising... Read full article »
UAE bank assets top Gulf
The UAE banking industry is now the largest in the GCC, with $273bn in assets at the end of the... Read full article »
Qatar Islamic bank expects UK licence
Qatar Islamic Bank is expecting to get a licence "within weeks" to set up a unit in the UK,... Read full article »
Oman will not revalue riyal
Hamud Bin Sangur Al Zadjali, Governor of the Central Bank of Oman, said that his country had no... Read full article »
Mashreq tackles money laundering
Mashreq, one of the largest private banks in the UAE, organized its first International... Read full article »
Saudi cuts deposit rates
Saudi Arabia cut some borrowing costs on 24 November to ease pressure on its dollar-pegged... Read full article »
High costs hit bank profits
Rising operating costs and the decline in investment income are expected to put a strain on the... Read full article »
Afia buys Turkey's Yudum
The Afia International Company, a subsidiary of Saudi Arabia's Savola Group, has finalised the... Read full article »
ABG, Salalah Methanol loan
Jordan's Arab Bank Group (ABG) has acted as the mandated lead arranger in a $609m loan agreement... Read full article »
