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UAE private loans fell in first five months
Figures from the UAE central bank indicate lenders in the country have expanded credit to the... Read full article »
QIB to issue dollar-denominated sukuk
Qatar Islamic Bank plans to issue a dollar-denominated sukuk under its recently approved $1.5bn... Read full article »
Zawawi Group raises stake in HSBC Oman
Oman's central bank has approved a proposal from one of the shareholders of HSBC Bank Oman to... Read full article »
GIB updates $4bn bond programme
Bahrain-headquartered lender, Gulf International Bank (GIB) has published an updated prospectus... Read full article »
UAE lenders urged to find solutions to loans defaulted by Emiratis
The UAE central bank has asked banks and financial institutions operating in the country to find... Read full article »
Barwa Bank to co-manageTurkey's $1.5bn sukuk
Qatar's Barwa Bank has been chosen as a co-manager for Turkey's first sukuk transaction worth $1.... Read full article »
QNB dropped interest in BNP Egypt
Qatar National Bank (QNB) has dropped its interest in buying the Egyptian operations of France's... Read full article »
Alizz Islamic expects first profit in second year
Oman's Alizz Islamic Bank, which launched its initial public offering on Saturday, has said it is... Read full article »
Commercial Bank of Kuwait to close investment unit
The Commercial Bank of Kuwait (CBK) has said shareholders have approved a plan to liquidate the... Read full article »
Credit Suisse trims Dubai investment banking
Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to... Read full article »
Saudi lenders among most liquid in EEMEA
According to a report by Credit Suisse, Saudi Arabia's six major lenders Al Rajhi Bank, Arab... Read full article »
CBK dismisses rumours on forged KD20 notes
The central bank of Kuwait (CBK) has denied local media reports about the circulation of a large... Read full article »
Standard Chartered in settlement with NY regulator
Standard Chartered Bank has reached a final agreement with New York's banking regulator to pay $... Read full article »
Islamic Arab Insurance ratings affirmed
AM Best Europe Rating Services has affirmed the financial strength rating (FSR) of A- (Excellent)... Read full article »
NBO to offer portfolio services in India
The National Bank of Oman (NBO) has rolled out its portfolio management services in the Indian... Read full article »
