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Bank Muscat says Q3 income rose 19.7%

Oman's largest lender by market capitalisation, Bank Muscat has reported a 19.7% rise in third-... Read full article »
Oman: Tuesday, October 16 - 2012 at 02:04

NCB posts 12.7% rise in nine-month net income

Saudi Arabia's National Commercial Bank (NCB) has said its net income for the first nine months... Read full article »
Saudi Arabia: Tuesday, October 16 - 2012 at 02:04

SAMA approves Banque Saudi Fransi's $667m Islamic bond

Banque Saudi Fransi (BSFR), partly owned by Credit Agricole, has announced it has received... Read full article »
Saudi Arabia: Monday, October 15 - 2012 at 01:27

BBK receives nod to operate in India

The Bank of Bahrain and Kuwait (BBK) has said it has received the necessary approval by Indian... Read full article »
Bahrain: Monday, October 15 - 2012 at 01:27

Kuwait's Boubyan says nine-month income rose 11%

Kuwaiti lender Boubyan Bank has posted an 11% jump in its third-quarter net profit to KD7.6m,... Read full article »
Kuwait: Monday, October 15 - 2012 at 01:27

Analysts expect Alizz IPO to be oversubscribed

Oman's Vision Investment Services has said the shares of the Alizz Islamic Bank is poised to be... Read full article »
Oman: Monday, October 15 - 2012 at 01:26

Samba posts 2.3% rise in net profit

Saudi's Samba Financial Group has reported a 2.3% year-on-year increase in its third-quarter net... Read full article »
Saudi Arabia: Monday, October 15 - 2012 at 01:26

Bank Sohar receives licence to operate in securities

Oman's market regulator has issued an administrative decision granting Bank Sohar a licence to... Read full article »
Oman: Sunday, October 14 - 2012 at 02:29

SABB posts 4.1% increase in Q3 net income

Saudi British Bank (Sabb) has reported a 4.1% increase in its third quarter net profit, as... Read full article »
Saudi Arabia: Sunday, October 14 - 2012 at 02:28

Islamic window ban could be extended to include QFC firms

Qatar's regulator has proposed extending the ban on onshore banks operating Islamic windows to... Read full article »
Qatar: Sunday, October 14 - 2012 at 02:28

Deposits in UAE banks climb 1.1% in August

The UAE central bank has said deposits at local banks rose 1.1% during the month of August 2012... Read full article »
United Arab Emirates: Saturday, October 13 - 2012 at 01:54

ANB reports 10.3% increase in Q3 net income

Saudi Arabia's Arab National Bank has posted a 10.3% rise in its third-quarter net profit to... Read full article »
Saudi Arabia: Thursday, October 11 - 2012 at 01:35

Riyad Bank posts 5.8% rise in Q3 profit

Saudi lender Riyad Bank has announced its third-quarter profits rose 5.8%, on higher total... Read full article »
Saudi Arabia: Thursday, October 11 - 2012 at 01:35

Omani lender given until Jan. 2013 to comply with Basel III

Oman's central bank has set January 2013 as the deadline for lenders operating in the sultanate... Read full article »
Oman: Wednesday, October 10 - 2012 at 02:28

ADCB settles lawsuit against Zabeel

Abu Dhabi Commercial Bank (ADCB) has settled a $107.13m legal claim it filed against indebted... Read full article »
United Arab Emirates: Wednesday, October 10 - 2012 at 02:28
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