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HSBC plans to expand retail operations in Egypt
Europe's largest bank, HSBC is seeking to boost its consumer lending and wealth management... Read full article »
Saudi lenders to post higher Q3 income on property, petchem projects:report
Riyad Capital, the investment arm of Saudi lender Riyad Bank, has said banks in the kingdom are... Read full article »
S&P upgrades Warba Insurance ratings
Standard & Poor's has upgraded Kuwait-based Warba Insurance Co's financial strength rating and... Read full article »
Barwa Bank considering Doha IPO
Qatar-based Barwa Bank has unveiled plans for an initial public offering on the Doha stock... Read full article »
FGB to issue 5-yr bond 'soon'
Abu Dhabi's First Gulf Bank (FGB) plans to issue a five-year, benchmark-sized dollar-denominated... Read full article »
UAE central bank rules out extending exposure deadline for lenders
The UAE central bank has said lenders operating in the country will not be given an extension of... Read full article »
Qatari banks' assets grew grew by 10.7% until August
The Qatar central bank has said the overall assets of banks in the Gulf country grew by 10.7%... Read full article »
Saudi private sector lending rose to 14% in August
According to data by the Saudi Arabian Monetary Agency (Sama), the kingdom's M3 money supply... Read full article »
Omani lenders increase foreign securities investments
According to data by Oman's central bank, commercial banks in the sultanate have raised their... Read full article »
ADCB files legal action against Zabeel Investments
Abu Dhabi Commercial Bank has launched legal action against Dubai-based property developer Zabeel... Read full article »
Analysts expect six-month extension on loans regulation
Analysts have said lenders in the UAE, facing a soon-to-expire central bank deadline to comply... Read full article »
NBF to replace Barclays on UAE rate panel
National Bank of Fujairah, the 11th-largest bank by market capitalisation in the UAE, has been... Read full article »
Three Bahraini Islamic banks to merge by 2012-end
The central bank of Bahrain has confirmed the merger of three Bahraini Islamic lenders -... Read full article »
Omani Islamic banks' assets at $5.2bn
According to a study by Oman's Al Izz Islamic Bank, assets of Shari'ah-compliant lenders in the... Read full article »
FGB plans benchmark bond sale
The UAE's second-largest lender by market value, First Gulf Bank (FGB) has hired five banks for a... Read full article »
