2009
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Burgan Bank gets approval for capital hike
Kuwait-based Burgan Bank has announced it has received the central bank's approval to raise its... Read full article »
ADIB provides finance facility to International Capital Trading
Abu Dhabi Islamic Bank has signed an agreement with International Capital Trading to arrange a... Read full article »
DIB launches exclusive wealth management service
Dubai Islamic Bank has announced the launch of a wealth management service for ultra high net... Read full article »
Moody's downgrades two Bahrain banks
Moody's Investors Service has downgraded the long-term local currency deposit rating of National... Read full article »
Global agrees debt restructuring
Kuwait-based Global Investment House has reached formal restructuring agreements with all of its... Read full article »
Moody's downgrades three Dubai bank ratings
Moody's has downgraded the ratings of three Dubai-based banks - Emirates NBD, Mashreqbank PSC and... Read full article »
Standard Chartered sees no material Dubai charges
Standard Chartered has said that its exposure to Dubai will not lead to any material impairment... Read full article »
Al Ansari ups UAE expansion
UAE-based Al Ansari Exchange has announced the opening of its 88th branch in the country in the... Read full article »
Dubai Group to sell part of stake in EFG-Hermes
State-owned Dubai Group is seeking to sell a $91m stake in EFG-Hermes Holding, the biggest... Read full article »
Citi names new chief of EMEA equities
Citi has appointed Mike Pringle as head of equities for Europe, Middle East and Africa (EMEA),... Read full article »
UAE asks banks to report Dubai World debt
The UAE cental bank has asked all local lenders to report money owed to them by the Dubai World... Read full article »
Bank Muscat says Q4 net won't be affected by Dubai World
Oman's Bank Muscat has said that its exposure to Dubai World will not affect its fourth-quarter... Read full article »
Pakistani bank to open branch in Saudi Arabia
State-owned National Bank of Pakistan has said it will open a branch in Saudi Arabia in early... Read full article »
No exposure to Dubai World, says Deutsche Bank
Germany's Deutsche Bank has no exposure to Dubai World, its top Middle East executive said at a... Read full article »
Bahraini banks' exposure to Dubai World debt at $281m
Bahrain's banks have about $281m in exposure to Dubai World, the country's Central Bank Governor... Read full article »
