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National Bank of Oman ties up with Reliance Wealth Management
The National Bank of Oman (NBO) has partnered with Reliance Wealth Management (RWM) to provide... Read full article »
Lebanon to tighten money-laundering laws
Lebanese central bank governor Riad Salameh has said the government is set to introduce... Read full article »
Qatar National Bank gets approval for NSGB takeover
Egypt's central bank has given the green light to Qatar National Bank (QNB) to begin due... Read full article »
Turkish arm of Al Baraka signs deal for $450m murabaha loan
The Turkish unit of Bahraini lender Al Baraka Bank has said it had signed an agreement for a $... Read full article »
Lebanese banks upgrade anti-virus systems
The Lebanese central bank has said the banks in the country have upgraded their software security... Read full article »
National Bank of Kuwait dependent on foreign business
National Bank of Kuwait (NBK), the country's largest lender, has said it is relying on revenue... Read full article »
Gulf Bank scores $2bn of finance deals
Michel Accad, the chief executive of Gulf Bank has been said the lender was mandated as a lead... Read full article »
Saudi bank lending predicted to rise 15% in 2012
Egyptian investment bank EFG-Hermes Holding has said bank lending in Saudi Arabia is predicted to... Read full article »
Trafigura scores $400m loan from Middle East banks
A group of Gulf-based banks have provided commodities trader Trafigura with a $400m loan, as the... Read full article »
Al Izz Islamic Bank to float IPO September 22
Oman's second Shari'ah-compliant bank, Al Izz Islamic Bank has announced it will float its... Read full article »
India's Bank of Baroda opens fourth Sohar branch
Indian lender, Bank of Baroda has announced the opening of its fourth branch in Sohar, Oman. The... Read full article »
Saudi Hollandi board approves SR1.4bn sukuk
Saudi Hollandi Bank has unveiled plans to issue a SR1.4bn ($373m) private placement sukuk,... Read full article »
UAE central bank announces launch of discount window
The central bank of the UAE has said it aims to develop its monetary policy framework by... Read full article »
UAE Exchange plans expansion to 24 countries by 2014
Remittance and foreign exchange firm, UAE Exchange is to expand its presence in 24 more countries... Read full article »
Arab Bank CEO eyes Libya return
Sabih Al Masri, the newly elected chairman of Jordan-headquartered Arab Bank has said the lender... Read full article »
