2009
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UAE banks face increased impairments, says Fitch
The eight largest UAE national banks continue to face rising impairments and other challenges,... Read full article »
Saad in deal with local creditors, says SAMA
Muhammad al-Jasser, governor of Saudi Arabia's Saudi Arabian Monetary Agency (SAMA), has said... Read full article »
UAE lending conditions getting better, says central bank
UAE central bank governor Sultan Nasser al-Suweidi said today that lending conditions in the UAE... Read full article »
Omani bank offers 12,800 loans to farm sector
Oman Development Bank (ODB), whose mission is to support the Sultanate's farming sector, has... Read full article »
Credit Suisse upgrades Saudi banks
Credit Suisse has upgraded six Saudi Arabian banks as it expects a 16% year-over-year net income... Read full article »
NBK launches Ijara fund
National Bank of Kuwait (NBK) has launched its third edition of its Islamic Ijara KD series, Kuna... Read full article »
Kuwait Finance House reschedules Aref debts
Kuwait's largest Islamic bank, Kuwait Finance House (KFH) has signed an agreement to reschedule... Read full article »
Fitch downgrades seven UAE banks
Fitch Ratings has downgraded the Long-term Issuer Default Ratings (IDR) of seven UAE-based bank,... Read full article »
Al Ahli files $125m Saad suit
Kuwait-based Al Ahli Bank (ABK) has filed a law suit in the New York State Supreme Court against... Read full article »
ADCB has $609m exposure to Saudi conglomerates
Abu Dhabi Commercial Bank has more than $600m in exposure to two Saudi family businesses... Read full article »
ADCB updates its global medium term programme
Abu Dhabi Commercial Bank (ADCB) has announced the completion of the update of its Global Medium... Read full article »
Bahrain's central bank 'won't bail out offshore banks'
The Central Bank of Bahrain has ruled out the possibility of bailing out banks that are part of... Read full article »
Head of Citi's EMEA banking steps down
Tom King, head of Citibank's banking for Europe, the Middle East and Africa has left the bank to... Read full article »
Fitch rates 4 Omani banks' IDR
Fitch Ratings has affirmed the long-term IDRs of Omani banks BankDhofar, Oman Arab Bank and Oman... Read full article »
Qatar National ratings affirmed
Fitch Ratings has affirmed Qatar National Bank's (QNB) ratings at Long-term Issuer Default (IDR)... Read full article »
