2009
- The news you choose »
- Login to Add to Watchlist
Amlak, Tamweel to form Islamic realty bank
The merger between UAE mortgage lenders Amlak Finance and Tamweel may result into an Islamic... Read full article »
Gulf Finance House to offer rights issue
Bahrain-based Gulf Finance House has unveiled its plans to raise capital to the market and will... Read full article »
Middle East banks offer good value, says EFG-Hermes
Egypt-based EFG-Hermes has said that Middle East banks still present attractive value compared to... Read full article »
Qatar National Bank Q3 profit falls 7.5%
Qatar's largest lender, Qatar National Bank, has reported a 7.5% decline in third-quarter profit... Read full article »
Fitch affirms AUB's long term ratings
Fitch Ratings has affirmed the long-term Issuer Default Rating of Bahrain-based Ahli United Bank... Read full article »
Ahli Bank inks deal with Sohar Port
Oman-based Ahli Bank has announced the signing of an agreement with Sohar Port Special Projects... Read full article »
Bahrain calls for Saad, Algosaibi coordination
Bahrain's central bank governor, Rasheed al-Maraj has called for a joint approach in settling... Read full article »
Qatar to buy 5% of bank capital
Youssef Kamal, Qatar's Financial Minister has said that the government plans to buy another 5% of... Read full article »
DIB, Ajman Bank not owed money by Saad
Dubai Islamic Bank and Ajman Bank issued statements today stating that they are not owed money by... Read full article »
Alwaleed wants US to sell Citigroup stake, says report
Major Citigroup investor, Prince Alwaleed bin Talal has urged the US government to sell its 7.7... Read full article »
QNB denies report of investment in Iran
Qatar National Bank has denied reports about financing the development of Iran's Esfandiar... Read full article »
Moody's: UAE banks must set aside more provisions
Moody's Investor Service has said that UAE banks have not set aside enough money to cover for... Read full article »
ADCB issues $1bn bond
Abu Dhabi's, Abu Dhabi Commercial Bank (ADCB), the emirate's second-largest lender by total... Read full article »
Algosaibi moves to dismiss Mashreq lawsuit
Saudi company Algosaibi Group (AHAB) has moved to dismiss a lawsuit in the US by Dubai-based... Read full article »
HSBC UAE reduces workforce by 122 people
HSBC Holdings has cut its workforce by 122 people in the UAE, Bloomberg has reported. The cuts... Read full article »
