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S+P affirms positive ratings for Arab Bank

Standard & Poor's has affirmed the foreign currency rating of Jordan-based Arab Bank Group at "A-... Read full article »
Jordan: Monday, December 07 - 2009 at 09:52

NBAD launches Hong Kong branch

The National Bank of Abu Dhabi (NBAD) has marked the beginning of its operations in Asia with the... Read full article »
United Arab Emirates: Monday, December 07 - 2009 at 09:50

Oman banks' exposure to Dubai World hits $77m

Three of Oman's largest banks said on Sunday they had a total exposure of $77m to Dubai World,... Read full article »
Oman: Monday, December 07 - 2009 at 09:42

Fitch: UAE banking sector can absorb bad loan increase

International ratings agency Fitch has said the banking sector in the UAE is capable of absorbing... Read full article »
United Arab Emirates: Sunday, December 06 - 2009 at 10:30

Sama: Dubai World exposure 'limited'

Muhammad al-Jasser, governor of the Saudi Arabian Monetary Agency (Sama) has said that the Saudi... Read full article »
Saudi Arabia: Sunday, December 06 - 2009 at 10:28

Samba, Deutsche ink services deal

Saudi Arabia's Samba Financial Group has signed an agreement with Deutsche Bank AG Dubai to... Read full article »
Saudi Arabia: Sunday, December 06 - 2009 at 10:07

NBAD plans international expansion

The UAE's second-biggest bank by assets, National Bank of Abu Dhabi has announced plans to expand... Read full article »
United Arab Emirates: Saturday, December 05 - 2009 at 10:58

African Arab International: Dubai World exposure '2%'

Egypt-based Arab African International Bank has said that only $98.8m, or 2% of its lending... Read full article »
Egypt: Thursday, December 03 - 2009 at 10:07

Cairo Amman Bank offers ATM loans

Jordan-based Cairo Amman Bank has launched a new service offering its clients instant cash loans... Read full article »
Jordan: Thursday, December 03 - 2009 at 09:58

Gulf Bank issues statement on Dubai World exposure

Gulf Bank has released a statement saying that it participated in unfunded syndicated facilities... Read full article »
Kuwait: Tuesday, December 01 - 2009 at 14:23

'No deposit runs' on Dubai banks

HC Securities has said the impact of Dubai World's debt restructuring on the banking sector is... Read full article »
United Arab Emirates: Tuesday, December 01 - 2009 at 09:57

Kuwait Central Bank assesses Dubai World exposure

Sheikh Salem Abdulaziz Al-Sabah, governor of Kuwait's central bank has said that only two local... Read full article »
Kuwait: Tuesday, December 01 - 2009 at 09:42

NBAD reports $345m exposure to Dubai World

National Bank of Abu Dhabi, the largest lender by market value in the UAE, on Monday said its... Read full article »
United Arab Emirates: Monday, November 30 - 2009 at 13:43

FGB refutes reports on Dubai World exposure

Abu Dhabi-based First Gulf Bank today refuted media reports on its exposures to Dubai World,... Read full article »
United Arab Emirates: Monday, November 30 - 2009 at 09:38

HSBC says Dubai will overcome 'issues'

Michael Geoghegan, CEO of HSBC Holdings, has said that the bank is 'confident' Dubai and the UAE... Read full article »
United Arab Emirates: Monday, November 30 - 2009 at 09:25
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