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Emirates NBD eyes RBS' UAE retail assets, says CFO
Emirates NBD is considering plans to buy the retail banking assets of Royal Bank of Scotland... Read full article »
United Gulf Bank appoints new CEO
Bahrain-based United Gulf Bank has appointed David Rhodes as chief executive officer, Bloomberg... Read full article »
Ithmaar Bank says rights issue 51% covered
Mohamed Hussain, chief executive of Bahrain-based lender, Ithmaar has said the bank has raised... Read full article »
Gulf Finance to sell stake in Khaleeji
Esam Janahi, chairman of Bahrain-based Gulf Finance House, has said the firm expects to sell its... Read full article »
Arab Bank to pay cash dividend
The board of directors of Jordan-headquartered Arab Bank has approved the distribution of 200... Read full article »
National Bank of Kuwait gets OK to raise Boubyan stake
The Central Bank of Kuwait has given its approval to the National Bank of Kuwait to increase its... Read full article »
Qatar Islamic inks French bank MoU
Qatar Islamic Bank has announced the signing of a memorandum of understanding with Banque... Read full article »
UAE banking assets total $414bn
A recent report by research firm Prime Holdings has said that the banking sector in the UAE still... Read full article »
GIB plans SR3bn bond issue
Saudi-owned Gulf International Bank (GIB) plans a SR3bn ($800m) bond issue in April to fund its... Read full article »
Noor Islamic Bank inks escrow services with Rera
UAE-based Noor Islamic Bank has signed an agreement with Dubai's Real Estate Regulatory Agency (... Read full article »
Egypt's NBD to offer $45m rights issue in April
Egypt's National Bank for Development (NBD) is launching its $45.45m rights issue in April,... Read full article »
Banque Saudi Fransi raises $650m in EMTN
Banque Saudi Fransi has announced it has raised $650m (Dhs2.38bn) in a euro medium-term note (... Read full article »
NBAD ETF fund to begin trading on ADX
The National Bank of Abu Dhabi's (NBAD) exchange-traded fund will begin trading on the Abu Dhabi... Read full article »
Mashreqbank to freeze salaries, says report
Employees of UAE-based Mashreqbank will not receive any bonuses or salary increases in 2010,... Read full article »
Kuwait issues treasury bonds worth $346m
Kuwait's central bank said yesterday it issued 100 million dinars ($346m) of one-year treasury... Read full article »
