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KFH forecasts 9.5% growth in GCC banking sector loans
Kuwait Finance House (KFH) has forecasted GCC banking sectors' loans to grow 9-9.5% in the... Read full article »
QNB in talks to buy stake in Egyptian bank
QNB Group has confirmed that it has entered into discussions for the acquisition of Société Géné... Read full article »
Barclays under investigation over Qatar payments
The UK's Serious Fraud Office (SFO) has launched an investigation into payments between Barclays... Read full article »
QIB eyes $1.5bn sukuk
Qatar Islamic Bank (QIB) is planning a sukuk issuance programme of up to $1.5bn, Reuters has... Read full article »
Oman Development Bank simplifies smaller loans
Oman Development Bank (ODB) has announced procedures have been simplified for loans offered to... Read full article »
Bank Sohar to float OR10m rights issue in September
Oman's Bank Sohar has said its OR10m rights issue is set to be floated next month, if everything... Read full article »
GCC bank provisions surge after decline
According to a report by Global Investment House (GIH), provisions by most banks in GCC countries... Read full article »
Banks in Saudi Arabia most profitable top in region
Frost & Sullivan has said of the top 50 banks in the Middle East ranked by assets for the first... Read full article »
Albaraka Turk seeks to raise up to $750m in 2012
The Turkish unit of Bahrain's AlBaraka Banking Group plans to raise as much as $750m through... Read full article »
Jordan's Arab Bank denies stake sale to Qataris
Sabih al-Masri, the newly elected chairman of Arab Bank has said the Jordan-based lender isn't in... Read full article »
Jordan's Arab Bank elects new chairman
The board of Arab Bank has elected Sabih Al-Masri to take over at the helm of the bank after the... Read full article »
Lebanon's BankMed sees 8% profit growth
Lebanon-based BankMed has said its consolidated net profits for the first half of 2012 grew 8% to... Read full article »
ODB approves sustainable development loans
Oman Development Bank (ODB) has said it has approved sustainable development loans worth OR2.04m... Read full article »
KPMG Oman predicts high demand for Islamic banking products
KPMG Oman has said demand for Islamic banking and insurance products in the Sultanate is expected... Read full article »
Doha Bank insurance unit opens dedicated retail branch
Doha Bank Assurance Co (DBAC), a Doha Bank's wholly-owned insurance subsidiary, has announced the... Read full article »
