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Iran buys polyethylene plant

Iran's National Petrochemical Company has said it has bought a heavy and light polyethylene... Read full article »
Iran: Saturday, November 24 - 2007 at 11:02

QNB ends rights issue

The Qatar National Bank (QNB) has completed phase one of its rights issue with the offer being... Read full article »
Qatar: Saturday, November 24 - 2007 at 08:05

UAE consumer loans hit $11bn

Consumer loans in the UAE exceeded $11bn in the first nine months of the year, while bank assets... Read full article »
United Arab Emirates: Thursday, November 22 - 2007 at 08:28

Gulf Bank is senior arranger

Kuwait's Gulf Bank will be a senior arranger of a $5bn syndicated loan to be offered to the Dubai... Read full article »
Kuwait: Thursday, November 22 - 2007 at 07:50

DFSA bans private bankers for mis-conduct

On 21 November the Dubai Financial Services Authority (DFSA) issued a statement saying that it... Read full article »
United Arab Emirates: Wednesday, November 21 - 2007 at 13:20

NBK offers AlWatany buyout

National Bank of Kuwait has made an offer to buy out remaining minority shareholders in AlWatany... Read full article »
Kuwait: Wednesday, November 21 - 2007 at 11:31

NBD mulls $2bn bond sale

Emirates NBD, the Gulf's largest lender by assets, may sell about $2bn of bonds next year as part... Read full article »
United Arab Emirates: Wednesday, November 21 - 2007 at 08:01

CBQ closes $800m loan

The Commercial Bank of Qatar (CBQ) has closed an $800m term loan facility with a number of... Read full article »
Qatar: Tuesday, November 20 - 2007 at 16:42

UNB sets up in Shanghai

The UAE's Union National Bank (UNB) has received approval from the China Banking Regulatory... Read full article »
United Arab Emirates: Tuesday, November 20 - 2007 at 14:14

Ithmaar $77.9m 9-month profit

Bahrain's Ithmaar Bank has revealed its operating income for the first nine months of the year... Read full article »
Bahrain: Tuesday, November 20 - 2007 at 10:32

BankMuscat into Saudi

Oman's BankMuscat has inaugurated its new operation in Saudi Arabia, BankMuscat Khayrat, becoming... Read full article »
Oman: Tuesday, November 20 - 2007 at 10:10

Doha Bank mutual funds deal

The Doha Bank has signed an agreement with India's Kotak Mahindra Asset Management Company for... Read full article »
Qatar: Tuesday, November 20 - 2007 at 08:49

DFG buys into EFG-Hermes

The Dubai Financial Group (DFG), a part of Dubai Holding, and Abraaj Capital have agreed a deal... Read full article »
Egypt: Tuesday, November 20 - 2007 at 07:30

BIsB seeks $1bn acquisition

The Bahrain Islamic Bank (BIsB) is planning to make a $1bn acquisition next year and intends to... Read full article »
Bahrain: Monday, November 19 - 2007 at 16:07

Noor to buy in Europe, Asia

Dubai's Noor Islamic Bank, which is 50% owned by the Dubai government, is planning to acquire... Read full article »
United Arab Emirates: Monday, November 19 - 2007 at 15:50
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