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DIB to increase Tier 1 capital
Dubai Islamic Bank (DIB) has said it plans to increase its capital through the sale of a Shari'... Read full article »
KHCB considering expansion options
Bahrain's Khaleeji Commercial Bank (KHCB) has said it plans to grow its retail and commercial... Read full article »
Lebanese banks optimistic over 2013 prospects
Lebanon's Association of Banks has said that local lenders are expected to continue to maintain... Read full article »
Al khaliji eyeing North African market
Qatari bank Al Khaliji has said it is looking at funding the top 50 infrastructure and... Read full article »
Qatar's Ahli Bank to focus on financing infra projects
Salah Jassim Murad, the chief executive of Ahlibank, has said the Qatari lender plans to continue... Read full article »
EU to keep Iran's Mellat, Saderat banks on sanctions list
The European Union has said Iranian banks Saderat and Mellat are to remain on the EU blacklist,... Read full article »
DIB gets shareholders' nod for Tamweel buyout
The shareholders of Dubai Islamic Bank (DIB) have approved the lender's 100% acquisition of the... Read full article »
FGB repays Dhs4.5bn government crisis support
Abu Dhabi's First Gulf Bank (FGB) has said it has fully repaid federal government funds it... Read full article »
Barclays plans Mideast expansion
Barclays has announced plans to further expand in the Middle East and North Africa (Mena) on... Read full article »
NBAD looks to Turkey, Asia to expand bond mandates business
National Bank of Abu Dhabi (NBAD) has said it is looking to expand its bond arranging business... Read full article »
Dubai Insurance Group sells ONIC stake
Dubai Insurance Group (DIG), a subsidiary of Dubai Group, has sold a 41.13% stake in Oman... Read full article »
Ithmaar Bank narrowed losses in 2012
Bahrain-based Islamic lender Ithmaar Bank has posted a full-year net loss of BD10.1m ($26.6m) in... Read full article »
Oman awards BankDhofar Islamic banking licence
Oman's BankDhofar has said it has obtained an Islamic banking window licence from the country's... Read full article »
Lebanese banks in Syria post 45.8% drop in profits
Lebanese lenders operating in Syria have reported a 45.8% decline in in net profits to $13.8m... Read full article »
Qatari banks to close tomorrow
The Qatari central bank has said that Sunday, March 3, 2013 will be a holiday for all banks and... Read full article »
