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UAE lending cap extended by six months
The National Bank of Abu Dhabi (NBAD) has said the UAE central bank has extended by six months... Read full article »
Saudi banking sector outlook remains stable: Moody's
Moody's Investors Service has said the outlook for Saudi Arabia's banking system remains stable,... Read full article »
QNB Group nine-month income rises 15%
QNB Group has posted a 15% year-on-year increase in net profit of QR6.2bn for the first nine... Read full article »
Saudi Hollandi to issue SR1.4bn Islamic bond
Saudi Hollandi Bank shareholders have approved a proposal to issue an Islamic bond worth SR1.4bn... Read full article »
Credit growth in Oman could slow down in Q2
Analysts have said growth in bank credit in Oman is expected to slow down in the second half of... Read full article »
OHB sees surge in demand on housing loans
Oman Housing Bank (OHB) has said it has received 1,703 housing loan applications between August... Read full article »
Deposits by UAE private sector drop in the first five months of 2012
According to data by the UAE central bank, the country's deposits by the private sector with... Read full article »
NBK to provide Dubai property buyers with mortgage services
The National Bank of Kuwait (NBK) has said it has started offering its new mortgage service to... Read full article »
QIB raises $750m from sale of sukuk
Qatar Islamic Bank (QIB) has said it has returned to global debt markets after two years with a $... Read full article »
Burgan Bank receives approval for Turkish acquisition
Kuwaiti lender Burgan Bank has said it had received approval from the Kuwaiti central bank for... Read full article »
Fitch sees new Islamic banks in Oman to struggle, initially
Fitch Ratings has said new Islamic banks set up in Oman are to struggle initially to compete with... Read full article »
Swiss private bank to buy Credit Suisse subsidiary
Swiss private bank owned by Abu Dhabi's Aabar Investments, Falcon Private Bank has a said it will... Read full article »
Doha Bank to offer mortgage loans to NRIs
Qatari lender Doha Bank has signed an agreement with Indiabulls Housing Finance Co to offer... Read full article »
Emirates NBD bids for BNP's Egypt retail arm
Emirates NBD and Morocco's AttijariWafabank have bid to buy BNP Paribas' Egyptian retail arm, as... Read full article »
Ithmaar set to close merger deal with First Leasing Bank
Bahrain-based Ithmaar Bank has said that negotiations on a proposed merger with one of its... Read full article »
