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NIB expands in Muslim countries

Noor Islamic Bank (NIB), the UAE's sixth bank that operates on a no-interest principle in... Read full article »
United Arab Emirates: Monday, January 07 - 2008 at 08:17

Bank Muscat to expand in Saudi

Bank Muscat, Oman's biggest bank, has announced plans to open two more branches in Saudi Arabia... Read full article »
Saudi Arabia: Sunday, January 06 - 2008 at 10:34

UAE mulls issuing government bonds

The UAE is mulling issuing its first government bonds, reported Xinhua. The bonds are aimed to... Read full article »
United Arab Emirates: Sunday, January 06 - 2008 at 09:37

Dubai Holding launches $1bn bank

Dubai Holding is launching a new $1bn Shariah-compliant bank in Dubai, reported Gulf News. Noor... Read full article »
United Arab Emirates: Sunday, January 06 - 2008 at 06:49

Bahrain's Futures Bank to open branch in Iran

The branch of Bahrain's Futures Bank will be inaugurated on Kish Island, southern Iran, in the... Read full article »
Bahrain: Thursday, January 03 - 2008 at 10:36

Doha Bank acquires sake in Yemen bank

Doha Bank, Qatar's third largest lender, is acquiring a "strategic" stake in Yemen's Credit... Read full article »
Qatar: Thursday, January 03 - 2008 at 09:45

HSBC Egypt raises its capital

HSBC Bank Egypt said it was increasing its capital to LE1.5bn ($273.77m) from LE1.07bn through a... Read full article »
Egypt: Thursday, January 03 - 2008 at 08:22

Dubai Bank unveils five new branches

Dubai Bank announced that it has successfully opened another five new branches in the UAE,... Read full article »
United Arab Emirates: Wednesday, January 02 - 2008 at 10:11

Unicorn gets Malaysian permit

Bahrain-based Unicorn Investment Bank is setting up an Islamic banking unit in Malaysia under the... Read full article »
Bahrain: Wednesday, January 02 - 2008 at 06:53
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