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The Dubai-based Millennium Finance Corporation — a Shariah-compliant investment bank — plans to...
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United Arab Emirates:
Sunday, December 14 - 2008 at 10:08
Moody's Investors Service has changed the outlook of four Lebanese banks -- BLOM Bank, Byblos...
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Lebanon:
Saturday, December 13 - 2008 at 11:39
Standard & Poor's has revised its outlook on Bahrain-based Arcapita Bank to negative from stable,...
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Bahrain:
Thursday, December 11 - 2008 at 08:59
Global Investment House has announced that it has sold its 14.7% share in the Bank of Bahrain and...
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Bahrain:
Wednesday, December 10 - 2008 at 14:04
Jordan Islamic Bank has reported that it achieved 67% growth in net profit for the first nine...
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Jordan:
Wednesday, December 10 - 2008 at 07:58
Islamic banking is no longer immune from the global financial crisis as it hits the industry's...
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Bahrain:
Saturday, December 06 - 2008 at 10:30
The chief executive officer of Saudi-based Gulf International Bank, Khaled al-Fayez, has resigned...
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Saudi Arabia:
Thursday, December 04 - 2008 at 08:51
The chairman of Kuwait's Gulf Bank said he has received 'numerous' merger offers but believes the...
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Kuwait:
Wednesday, December 03 - 2008 at 15:11
Customers at UAE banks will soon be required to have their irises scanned in order to improve...
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United Arab Emirates:
Wednesday, December 03 - 2008 at 11:16
Commercial Bank International (CBI) has launched a branch in Fujairah, taking its distribution...
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United Arab Emirates:
Wednesday, December 03 - 2008 at 07:55
International finance house Morgan Stanley has announced that it has cut approximately 10% of the...
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United Arab Emirates:
Monday, December 01 - 2008 at 10:14
Mashreq Bank's net profits are set to be over Dhs2bn in 2008, a Gulf investment bank said...
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United Arab Emirates:
Sunday, November 30 - 2008 at 12:27
Sheikh Abdullah Bin Saoud Al Thani, Qatar Central Bank (QCB) Governor has inaugurated a state-of-...
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Qatar:
Sunday, November 30 - 2008 at 12:25
Emirates NBD has received the accolade of 'Best Bank in the United Arab Emirates' from London-...
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United Arab Emirates:
Sunday, November 30 - 2008 at 09:45
The three-day conference looking at prospects for nuclear energy in the Gulf has received support...
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United Arab Emirates:
Saturday, November 29 - 2008 at 06:47