2009
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Pioneers moots Beltone stake
Egypt's stock exchange has said that Pioneers Holding is in talks to buy a stake in investment... Read full article »
Amlak, Tamweel merger to begin in January
The UAE's Minister of Economy has said the planned merger of mortgage lenders Amlak Finance and... Read full article »
Egypt's NSGB net profit drops 20%
National Societe Generale Bank, Egypt's fourth-biggest bank by assets, said it posted a 20% drop... Read full article »
CBQ launches bond roadshow in US
Qatar's third-biggest lender by market value, Commercial Bank of Qatar, is launching a roadshow... Read full article »
Boubyan Bank posts Q3 loss
Kuwait-based Islamic lender, Boubyan Bank, has reported a third-quarter loss, compared with a... Read full article »
Al Baraka eyes acquisition in Indonesia
Bahrain-based Al Baraka bank has returned to its strategy of growing through acquisitions in Asia... Read full article »
Mizuho to launch investment bank in Saudi
Japan's third-largest bank by market value, Mizuho Financial Group, has received a license to... Read full article »
Arab Bank 9-month profit falls
Jordan-based Arab Bank recorded a 25% fall in net profit in the nine months to September, after... Read full article »
Gulf Finance House raises $300m in rights issue
Bahrain-based Gulf Finance House has said it had raised $300m in fresh capital through a rights... Read full article »
Mashreqbank mulls investment in Dubai bond
UAE-based Mashreqbank says it may consider purchasing part of Dubai's planned $10bn debt issue,... Read full article »
Arab Bank appoints executive general manager
The board of Jordan-based Arab Bank has approved the creation of the post of executive general... Read full article »
Shuaa Capital narrows loss in Q3
Dubai-based investment bank, Shuaa Capital, has reported a net loss of Dhs269.7m in the third... Read full article »
Mashreq opens its first branch in Kuwait
UAE-based Mashreqbank has said it has opened its first branch in Kuwait with a capital of KD15m.... Read full article »
Bahraini bank to issue Saudi bonds
Gulf International Bank, a Bahrain-based state-owned lender, has announced plans to issue Saudi... Read full article »
Housing Bank Q3 profits nose-dive
Jordan-based Housing Bank for Trade and Finance (HBTF) has posted a 45% decline in third quarter... Read full article »
