UAE should ease lending ratios, says NBAD

Michael Tomalin, CEO of the National Bank of Abu Dhabi, has said the UAE central bank should... Read full article »
United Arab Emirates: Wednesday, April 07 - 2010 at 10:12

UAE banks have enough liquidity, says al-Suwaidi

Sultan bin Nasser al-Suwaidi, governor of the UAE central bank, has said the banking system in... Read full article »
United Arab Emirates: Wednesday, April 07 - 2010 at 10:01

Qatar National Bank Q1 profit rises 25%

Qatar National Bank has said its Q1 2010 profit rose 25% to QR1.27bn amid increased interest and... Read full article »
Qatar: Wednesday, April 07 - 2010 at 09:48

Kuwait's NBK eyes stake in Turkish bank

Ibrahim Dabdoub, CEO of The National Bank of Kuwait, has said the lender is considering buying a... Read full article »
Kuwait: Wednesday, April 07 - 2010 at 09:44

UNB rolls out exclusive card for online shopping

UAE-based Union National Bank has announced the introduction of a new Internet card exclusively... Read full article »
United Arab Emirates: Tuesday, April 06 - 2010 at 09:29

Dubai Bank appoints new CEO

Dubai Bank has announced the appointment of Giel-Jan Van Der Tol as its new chief executive... Read full article »
United Arab Emirates: Tuesday, April 06 - 2010 at 09:28

Shuaa says Gulfinvest default will not have major impact

UAE-based Shuaa Capital said it doesn't expect major financial impact from Gulfinvest... Read full article »
United Arab Emirates: Monday, April 05 - 2010 at 11:55

Iraq cuts key interest rate

The Central Bank of Iraq cut today its key interest rate by one percentage point to 6% to boost... Read full article »
Iraq: Monday, April 05 - 2010 at 11:24

UAE may form federal credit bureau

The UAE finance ministry is considering setting up a federal credit bureau aimed at serving as a... Read full article »
United Arab Emirates: Monday, April 05 - 2010 at 09:25

Allianz Saudi Fransi announces rights issue

Saudi Fransi Cooperative Insurance (Allianz Saudi Fransi) has said that shareholders have... Read full article »
Saudi Arabia: Monday, April 05 - 2010 at 09:22

NBK Bahrain reports net profit for 2009

National Bank of Kuwait (Bahrain), a branch of NBK Group has reported $128.8m in net profit for... Read full article »
Bahrain: Monday, April 05 - 2010 at 09:19

RBS to sell UAE retail operations

The biggest UK government-owned bank, the Royal Bank of Scotland Group (RBS) has announced its... Read full article »
United Arab Emirates: Sunday, April 04 - 2010 at 10:35

Egyptian Saudi Finance rebranded

Adnan Yousif, CEO of Bahrain's Al Baraka Banking Group (ABG) has said that the bank has changed... Read full article »
Bahrain: Sunday, April 04 - 2010 at 10:30

Arab Banking Corp completes $1.1bn capital hike

Bahrain-based Arab Banking Corp's (ABC) has announced the successful completion of a planned $1.... Read full article »
Bahrain: Saturday, April 03 - 2010 at 09:50

GCC banks plans Syria entry

Adib Mayaleh, governor of Syria's Central Bank, has said the National Bank of Abu Dhabi (NBAD),... Read full article »
Syria: Thursday, April 01 - 2010 at 10:51