2009
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UAE pledges bank support
The UAE Central Bank said it made emergency funds available to banks in the country to help avoid... Read full article »
Saudi banks remain cautious on lending
The Saudi Arabian Monetary Agency has said the kingdom's bank credit growth was almost flat at... Read full article »
GIB to delay dollar-denominated bond
Gulf International Bank, a Bahrain-based lender owned by the governments of six Arab states, has... Read full article »
No change to UAE bank ratings, says Moody's
Moody's Investors Service has said the ratings or outlooks of banks in the UAE with exposure to... Read full article »
Qatar to call for GCC regional bank
Abdulrahman Al Attiyah, secretary-general of the Gulf Cooperation Council, has said that Qatar... Read full article »
UK banks call for government action on Saudi firms
The British Bankers' Association has asked the UK government to express concern to the government... Read full article »
New start-up bill payment firm launches in Egypt
A new Egyptian start-up bill payment firm has announced it will launch operations in January,... Read full article »
Deutshe Bank to become GFH shareholder
Gulf Finance House said Deutsche Bank has decided to convert part of an Islamic financing... Read full article »
KFH-Turkey gets Islamic bank license in Dubai
Kuwait Finance House has announced that its Turkish unit has obtained a license to operate in the... Read full article »
UAE banks get four-day holiday for Eid
The UAE Central Bank has said that banks in the country will remain closed for four days from... Read full article »
Kuwaiti banks post $1.3bn profit
Kuwaiti banks posted net profits estimated at KD361m ($1.3bn) within the first nine months of... Read full article »
Tamweel returns to profit in Q3
The UAE's largest provider of real estate finance, Tamweel has returned to black after recording... Read full article »
Emirates NBD 'may raise $2bn in bonds'
Rick Pudner, CEO of Emirates NBD has said the bank may raise up to $2bn from selling bonds in... Read full article »
Islamic International Arab to open in Syria
Jordan-based Islamic International Arab Bank plans to set up an Islamic bank in Syria within the... Read full article »
Foreign banks withdraw Dhs47bn in H1 2009
According to figures by the UAE Central Bank, foreign banks withdrew more than Dhs47bn out of the... Read full article »
