2009
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UAE banks up withdrawals from Central Bank
UAE banks continued to withdraw their funds from the Central Bank in the second half of 2008 to... Read full article »
Shuaa delists from Kuwait bourse
Shuaa Capital yesterday confirmed that it has delisted from the Kuwait Stock Exchange, citing... Read full article »
Al Rajhi Bank installs chip-card ATMs
Al Rajhi Bank, the largest Islamic Bank in the world in terms of market capitalization, has... Read full article »
BLME completes refinancing deal with Premio
Bank of London and The Middle East, the standalone, London-based shariah-compliant bank, has... Read full article »
Noor curbs overseas expansion plans
Dubai's Noor Islamic Bank has put its overseas expansion plans on hold because of difficult... Read full article »
Abu Dhabi bank chief resigns
The chairman of National Bank of Abu Dhabi, Khalifa al-Kendi, has resigned, the bank said today... Read full article »
Bank stake sale approved
Bank of Sharjah has announced that its board has approved plans to sell a 30% stake in Emirates... Read full article »
Arab banks' profits to drop 40% in 2009
The combined profits of Arab banks will decline up to 40% in 2009 due to ongoing liquidity... Read full article »
UAE banks have 'highest' exposure
According to a report by Credit Suisse, the UAE's banks have the highest exposure to the real... Read full article »
Qatar banks tighten loan criteria
Due to forecasts of a worsening global recession, banks in Qatar are to adhere to strict... Read full article »
Samba to share dividend
Saudi-based Samba Financial group has announced that it will distribute a SR732m to shareholders.... Read full article »
Abu Dhabi Insurance rebrands
The Abu Dhabi National Insurance Company (ADNIC), has launched a new branding campaign for its... Read full article »
Saudi Hollandi closes SR775m sukuk
Saudi Hollandi Bank has announced the successful completion of its SR775m bonds sale, Arab News... Read full article »
