2008
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Commercial Bank to hike share capital
The shareholders of Commercial Bank of Qatar yesterday agreed to increase the share capital of... Read full article »
IDB to issue sukuk
Saudi Arabia's Islamic Development Bank will issue Islamic bonds (sukuk) in order to collect... Read full article »
Dubai repays $654m in Eurobonds, loans
Dubai Holding Commercial Operations Group, a state-owned investment vehicle, on Wednesday said it... Read full article »
Qatar Islamic to buy back 10% of its shares
Qatar Islamic Bank, the country's largest bank that complies with Muslim law, has sought approval... Read full article »
Joint Gulf bank to be independent
A joint central bank planned for the Gulf will be independent from the governments of its member... Read full article »
Jordan cuts interest rates
The Central Bank of Jordan has cut its main interest rates and reduced the level of reserves... Read full article »
Report: Islamic banking is 2007 success story
According to a recent report, profitability was generally higher for Islamic banks last year,... Read full article »
Dubai Bank offers 6.25% investment return
Dubai Bank has announced the launch of Value Bouquet, a high-yielding investment product for its... Read full article »
Tamweel, Amlak merger announced
The UAE Ministry of Finance has announced that the country's two largest home finance providers... Read full article »
Prince Alwaleed to up stake in Citi
Saudi Prince Alwaleed bin Talal plans to increase his stake to 5% from less than 4%, while... Read full article »
Shuaa gets approval to buy back shares
The UAE's largest investment bank, Shuaa Capital, has received regulatory approval to buy back... Read full article »
Bahrain to raise guarantee on deposits
Bahrain's central bank said it plans to raise the guarantee on bank deposits to a maximum BD20,... Read full article »
Amlak halts home loans
Amlak Finance, the UAE's biggest mortgage lender by market value, has temporarily stopped... Read full article »
Barclays bows to shareholder protests
Bowing to shareholder protests, Barclays said yesterday it will let existing stockholders in on a... Read full article »
NBAD goes mobile
The National Bank of Abu Dhabi has rolled out a new SMS-based payment service to allow customers... Read full article »
