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Emirates NBD postpones Swiss franc bond
Dubai's largest bank by market value, Emirates NBD (ENBD) has decided postpone a potential Swiss... Read full article »
Gulf International Bank posts 4% net income rise to $104m
Bahrain-based Gulf International Bank (GIB) has posted a 4% rise in consolidated net income after... Read full article »
Oman Capital Market Authority favours $10m standalone takaful firms
Oman's insurance and stock market regulator, the Capital Market Authority (CMA) has said it will... Read full article »
Oman bank assets grew 17% last year
The total assets of commercial banks in Oman rose 17.5% to OR18.388bn in 2011, compared with... Read full article »
BMI inks service deal with CrediMax
Bahrain-based BMI Bank has signed an exclusive service agreement with credit card acquirer... Read full article »
Multi-billion dollar bank fraud case to go to trial in Iran
Iranian authorities have brought to trial 32 people suspected of involvement in a multi-billion... Read full article »
QNB may end bid to buy Dexia's Denizbank over price
Qatar National Bank's talks to acquire the Turkish lender put up for sale by Dexia, Denizbank,... Read full article »
SWIFT set to block Iranian banks
Belgium-based SWIFT, which operates the bulk of global cross-border payments, has announced it... Read full article »
Abu Dhabi aided Emirates NBD in Dubai Bank buy
Surya Subramanian, the chief executive of Dubai's largest lender, Emirates NBD has said the bank... Read full article »
Oman's BankDhofar readies Islamic banking launch
Tony Mahoney, CEO of Omani lender BankDhofar has announced the appointment of Deloitte and Touche... Read full article »
Qatar National Bank issues five year bond worth $1bn
Qatar National Bank (QNB) has launched a $1bn five-year bond at 235 basis points over midswaps... Read full article »
Saudi bank profits at 5-year high, assets at SR 1.54 trillion
Saudi banks, having the second largest asset base in the Arab region after UAE banks with their... Read full article »
Emirates NBD ties to state-linked firms could impact quarter
Exposure to state-linked companies by Dubai's largest bank, Emirates NBD is seen to impact its... Read full article »
Adib posts 12.8% profit rise on previous year
Abu Dhabi Islamic Bank (Adib) has posted a 12.8% rise in net profit to Dhs1.16bn, compared with... Read full article »
UAE bank credit checks to start this year
Obaid Humaid Al Tayer, the UAE minister of state for financial affairs has said that a credit-... Read full article »
