2008
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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 »
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 »
UAE bank may allow foreign ownership
State-controlled National Bank of Umm Al Qaiwain, a UAE-based commercial bank, may allow... Read full article »
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 »
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 »
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 »
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 »
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 »
Adic to offer global shares
The Abu Dhabi Investment Company (Adic), the government-owned investment bank said it is planning... Read full article »
Three Gulf banks plan joint venture
Three Gulf Arab banks are teaming up to finance infrastructure projects, an agriculture firm and... Read full article »
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 »
UAE nationals get banking training
The Emirates National Development Program and HSBC are teaming up to train 200 UAE Nationals for... Read full article »
DIB launches Emirates Leasing
Dubai Islamic Bank (DIB) is launching Emirates Leasing, a new wholly-owned subsidiary, to provide... Read full article »
IDB board approves $178m in financing
The Board of Executive Directors of Saudi-based Islamic Development Bank have approved $178.2m... Read full article »
NBQ issues Dhs2.36bn convertible bond
The National Bank of Umm Al Quwain and Global Investment House will issue a Dhs2.36bn convertible... Read full article »
