2008
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Saudi Arabia, Qatar say banks are solid
The central bank governors of Saudi Arabia and Qatar said their banks are well-capitalized and... Read full article »
NBK to open two new branches in Jordan
National Bank of Kuwait will open two new branches in Jordan as of the beginning of next month.... Read full article »
Kuwait moves to guarantee bank deposits
The Kuwaiti government has approved a bill to guarantee deposits in local banks, reported the... Read full article »
Kuwait's Gulf Bank chief resigns
The chairman of Kuwait's Gulf Bank, Bassam Al-Ghanim, has resigned after the bank made losses... Read full article »
Ajman Bank to curb foreign growth plans
Ajman Bank plans to shelve its foreign growth plans for the time being and focus on the UAE in... Read full article »
$200m Islamic investment bank launched
A $200m Shariah-compliant investment bank has been launched in Bahrain. First Investment Bank is... Read full article »
Dubai Bank launches mobile banking service
Dubai Bank has launched the Dubai Bank Mobile service, offering customers financial transaction... Read full article »
UAE banks strong, says Suwaidi
UAE banks are strong and face no risk in the wake of global meltdown, as they have availed only... Read full article »
DIB net profit up 35%
Dubai Islamic Bank has reported a 35% increase in its net profits to Dhs1.73bn for the first nine... Read full article »
BankMuscat announces Q3 growth
The largest bank in Oman, BankMuscat has reported growth figures for Q3, recording an increase of... Read full article »
Tamweel net profits up 135%
One of the largest providers of real estate finance in the UAE, Tamweel, has announced record net... Read full article »
Standard Chartered to launch Islamic banking in Bahrain
Standard Chartered Bank Islamic banking services will be introduced under the bank's global brand... Read full article »
Gulf Finance House profits rise
Bahrain-based Gulf Finance House announced a 30.73% growth in profits to Dhs1,109.5m ($302m) for... Read full article »
Mashreq profits up
The Mashreq Group has announced a rise in profits of 12.3%. Third quarter figures for 2008... Read full article »
Emirates NBD offers 'Twin Invest'
Emirates NBD has launched 'Twin Invest', a new investment product offered to high-net worth... Read full article »
