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Rosy for Abu Dhabi banks - Merill Lynch

Merill Lynch has raised its earnings estimates for Abu Dhabi banks, taking account their strong... Read full article »
United Arab Emirates: Sunday, September 07 - 2008 at 11:54

Oman International gets Fitch BBB

Fitch Ratings has given Oman International Bank at long term issuer default a 'BBB+' with stable... Read full article »
Oman: Sunday, September 07 - 2008 at 09:34

Global seeks $410m for NBQ stake

Kuwait's Global Investment House is seeking $410m syndication three-year term loan to back its... Read full article »
Kuwait: Saturday, September 06 - 2008 at 08:54

Al Khaliji to arrange $286m for Qatari company

Al Khaliji and Standard Chartered Bank are two of the banks mandated to to raise a 1.04bn Qatari... Read full article »
Qatar: Thursday, September 04 - 2008 at 07:12

Report warns banks exposed in real estate sector

An HSBC report has warned that banks in the GCC are overexposed in the real estate sector. It has... Read full article »
Middle East: Wednesday, September 03 - 2008 at 20:06

DIB-led group to buy Jordan bank

Dubai Islamic Bank plans to buy a majority stake in Industrial Development Bank of Jordan in... Read full article »
United Arab Emirates: Wednesday, September 03 - 2008 at 07:17

UAE bank may allow foreign ownership

State-controlled National Bank of Umm Al Qaiwain, a UAE-based commercial bank, may allow... Read full article »
United Arab Emirates: Tuesday, September 02 - 2008 at 07:52

Banks top 150 listed GCC companies

Banking and finance companies account for more than 40% of the top 150 listed companies in the... Read full article »
Middle East: Monday, September 01 - 2008 at 13:10

Blom Egypt to raise $140m capital

Egypt's Capital Market Authority has given preliminary approval to Blom Bank Egypt to raise its... Read full article »
Egypt: Monday, September 01 - 2008 at 10:54

Dubai Bank eyes global reach

Dubai Bank is aiming to become a major global Islamic lender over the next five years, and is... Read full article »
United Arab Emirates: Monday, September 01 - 2008 at 09:28

BankMuscat to auction CDs

BankMuscat has announced the issuance of 1, 3 and 5-year Certificates of Deposits (CDs) by way of... Read full article »
Oman: Sunday, August 31 - 2008 at 13:01

al khaliji buys into BLC Bank

Qatar-based al khaliji bank has bought the UAE-based assets of a French bank, BLC Bank as part of... Read full article »
United Arab Emirates: Sunday, August 31 - 2008 at 09:21

Adic to offer global shares

The Abu Dhabi Investment Company (Adic), the government-owned investment bank said it is planning... Read full article »
United Arab Emirates: Saturday, August 30 - 2008 at 10:43

Three Gulf banks plan joint venture

Three Gulf Arab banks are teaming up to finance infrastructure projects, an agriculture firm and... Read full article »
Bahrain: Thursday, August 28 - 2008 at 07:23

QNB to buy 24% of UAE bank

Qatar National Bank plans to buy a 23.77% stake in Dubai-based Commercial Bank International,... Read full article »
Qatar: Wednesday, August 27 - 2008 at 14:17
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