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Doha Bank planning capital hike to fund expansion

Qatar's fourth-biggest by assets, Doha Bank has said it may raise as much as QR5.1bn ($1.4bn)... Read full article »
Qatar: Thursday, September 20 - 2012 at 09:08

Bank Alkhair names new CEO

Bank Alkhair has named Khalil Nooruddin as its new managing director and chief executive officer,... Read full article »
Bahrain: Thursday, September 20 - 2012 at 09:07

Oman's CMA conducts survey over proposed insurance law

Oman's market regulator has surveyed the opinions of insurance companies, auditing firms and... Read full article »
Oman: Wednesday, September 19 - 2012 at 09:35

Qatar central bank comfortable with interest rates

Sheikh Abdullah bin Saud al-Thani, the governor of Qatar's central bank said he was "very... Read full article »
Qatar: Wednesday, September 19 - 2012 at 09:33

Bahrain financial sector better prepared against cyber threats

Arun Aravindan, the chief operating officer of Elite Technologies Middle East has said Bahrain's... Read full article »
Bahrain: Wednesday, September 19 - 2012 at 09:30

UAE Central Bank's MLF tool 'credit positive': Moody's

Moody's Investors Service has said the new lending tool for banks in the UAE introduced by the... Read full article »
United Arab Emirates: Wednesday, September 19 - 2012 at 09:25

UAE banks see 18.2% profit rise

The UAE central bank has said lenders operating in the country boosted their net income by almost... Read full article »
United Arab Emirates: Tuesday, September 18 - 2012 at 12:45

Qatar Islamic Bank approves $1.5bn sukuk

The board of Qatar Islamic Bank (QIB) has approved a $1.5bn sukuk issuance programme, Reuters has... Read full article »
Qatar: Tuesday, September 18 - 2012 at 12:42

Deutsche Bank to cut Middle East staff

Several senior positions in Deutsche Bank's Dubai investment banking business are to be cut,... Read full article »
Middle East: Tuesday, September 18 - 2012 at 12:41

Oman awaits Royal Decree on Islamic banking

Oman's central bank has said the much-awaited regulation for Islamic banks and window operations... Read full article »
Oman: Tuesday, September 18 - 2012 at 12:41

Masraf Al Rayan launch mobile banking

Qatari lender, Masraf Al Rayan has launched a new mobile banking service that enables customers... Read full article »
Qatar: Tuesday, September 18 - 2012 at 12:41

Dar Al Takaful targets 40% growth

Dubai-based Dar Al Takaful has expressed confidence in achieving premium targets set for 2012, as... Read full article »
United Arab Emirates: Monday, September 17 - 2012 at 12:18

US launches JP Morgan money laundering probe

The Office of the Comptroller of the Currency, an independent branch within the US Treasury... Read full article »
Middle East: Monday, September 17 - 2012 at 12:17

Qatar National Bank inks $100m loan deal with Juba

Qatar National Bank has signed a $100m loan agreement with the government of South Sudan to help... Read full article »
Qatar: Monday, September 17 - 2012 at 12:16

Oman's Alizz Islamic Bank launches IPO September 22

Omani lender Alizz Islamic Bank, still under development, is set to launch its initial public... Read full article »
Oman: Monday, September 17 - 2012 at 12:16
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