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BOA buys Merrill Lynch

Bank of America has agreed to buy Merrill Lynch in a deal that values the ailing firm at about $... Read full article »
United States: Monday, September 15 - 2008 at 09:45

Barclays not interested in Lehman

British bank Barclays has pulled out of talks to buy some or all of troubled US investment bank... Read full article »
Middle East: Monday, September 15 - 2008 at 08:47

NIB teams to provide payroll services

Noor Islamic Bank has signed an agreement with the Electronic Documents Centre, a subsidiary of... Read full article »
United Arab Emirates: Sunday, September 14 - 2008 at 08:48

QIB seals $250m Ras Laffan loan

Qatar Islamic Bank (QIB)said it has successfully closed its Islamic financing arrangement for a... Read full article »
Qatar: Saturday, September 13 - 2008 at 16:33

GCC to decide forex union location

Central bank governors and finance ministers from Saudi Arabia, including four of its neighbours... Read full article »
Middle East: Saturday, September 13 - 2008 at 09:45

Emirates NBD home loan facility in Abu Dhabi

Emirates NBD, the largest bank in the UAE in terms of assets, has launched a home loan financing... Read full article »
United Arab Emirates: Thursday, September 11 - 2008 at 07:52

ICD's $6bn loan gets wider syndication

A $6bn syndicated loan for state-owned Investment Corporation of Dubai has been launched to a... Read full article »
United Arab Emirates: Wednesday, September 10 - 2008 at 13:57

Qatar to unveil new bank notes

The Qatar Central Bank will unveil new bank notes with special features on September 15, the... Read full article »
Qatar: Wednesday, September 10 - 2008 at 10:26

RBS rebrands ABN Amro

Royal Bank of Scotland has announced the rebranding of all the ABN Amro branches in the UAE,... Read full article »
United Arab Emirates: Wednesday, September 10 - 2008 at 10:20

Amlak-Barwa JV gets Qatar licence

Real estate financier Amlak Finance and Barwa Real Estate Company, a publicly listed property... Read full article »
Qatar: Wednesday, September 10 - 2008 at 07:23

Al Faisal Holding borrows $850m

Al Faisal Holding, a Qatari firm with interests ranging from real estate to transport, has... Read full article »
Qatar: Tuesday, September 09 - 2008 at 07:26

Bahrain T-bills oversubscribed

The Central Bank of Bahrain has announced oversubscription by 247% in this week's BD15m issue of... Read full article »
Bahrain: Monday, September 08 - 2008 at 15:01

Al Hilal Bank signs up Etihad

Abu Dhabi's Al Hilal Bank has signed up Etihad Airways as its first corporate customer in the... Read full article »
United Arab Emirates: Monday, September 08 - 2008 at 12:00

NBF leads Dhs900m port loan

The National Bank of Fujairah has announced it is arranging a Dhs900m syndicated loan facility... Read full article »
United Arab Emirates: Monday, September 08 - 2008 at 11:41

Algebra, Elaf in Sukuk fund tie up

Algebra Capital and Elaf Bank have launched an open ended fund, The Sukuk Fund, targeting an... Read full article »
United Arab Emirates: Monday, September 08 - 2008 at 09:00
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