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Qatar First Investment Bank rebranded
Qatar First Investment Bank (QFIB) has re-branded itself and changed its name to Qatar First Bank... Read full article »
Oman to consider licences for foreign Islamic banks in 2-3 years
Oman has no plans for the time being to allow foreign Islamic lenders to set up operations in the... Read full article »
CBQ to acquire 70.8% stake in Turkish bank
Commercial Bank of Qatar (CBQ) has agreed to acquire a 70.8% stake in Turkish lender... Read full article »
Oman's Bank Nizwa receives nod to invest in foreign instruments
The central bank of Oman has approved a request by Bank Nizwa to invest up to 75% of its net... Read full article »
Al Hilal Bank to issue $500m Islamic bond in 2013
The chief executive of UAE-based Al Hilal Bank, Mohammad Berro has said the lender is likely to... Read full article »
SNIC report growth in gross premiums
Bahrain-headquartered Saudi National Insurance Co (SNIC) has said gross written premiums (GWP)... Read full article »
BBK to open third branch in India
Bank of Bahrain and Kuwait (BBK) has raised its capital in India to $30m in 2012, and is looking... Read full article »
UAE to expedite review of mortgage, bank rules
The UAE's central bank has said it is seeking to finalise a review of regulations on mortgages,... Read full article »
Lebanese lenders compliant with US/EU blacklists
The Association of Banks in Lebanon has said banks operating in the country are regularly... Read full article »
QNB-led group provides $150m facility to Indonesian miner
Qatar National Bank (QNB), its Jakarta-listed Bank QNB Kesawan and the Indonesian Eximbank have... Read full article »
HSBC sees Saudi market to open for foreigners early 2014
The biggest underwriter of bond sales in Saudi Arabia last year, HSBC Holdings has said the... Read full article »
Life premiums in Lebanon up 6% in 2012
According to a report by Lebanese lender Byblos Bank Group, life insurance in the country... Read full article »
StanChart to further expand in MEA
Standard Chartered, the UK's second-largest bank by market value, is considering plans for a... Read full article »
Kuwait to buy out citizens' loans
Kuwait has said a provisional agreement has been reached, under which the government is to buy... Read full article »
DIB launches $1bn Tier 1 sukuk
Dubai Islamic Bank (DIB) has launched a $1bn hybrid sukuk aimed at shoring up its core or Tier 1... Read full article »
