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Turkish lender to return to Egypt
Turkey's İşbank has taken steps to obtain a banking license in Egypt and plans to start... Read full article »
Saudi banks' loan-to-deposits ratio reaches three-year high
Saudi Arabia's National Commercial Bank (NCB) has said increase in lending by local lenders has... Read full article »
QNB nine-month net profit jumps 15%
QNB Group has posted a net profit of QR6.2bn ($1.7bn) for the first nine months of the year, up... Read full article »
UNB net income climbs to $143.8m in Q3 2012
Abu Dhabi's Union National Bank (UNB) has reported a 7% increase in third-quarter net profit,... Read full article »
QIIB's $700m fixed rate trust certificates rated at 'A-'
Fitch Ratings has assigned Qatar International Islamic Bank's $700m five-year trust certificate (... Read full article »
Masraf Al Rayan posts 7% increase in profit in first nine months
Qatari lender Masraf Al Rayan has posted a 7% increase in its net profit to QR1.08bn in the first... Read full article »
Zawawi raises HSBC Oman stake to 25%
HSBC Oman has announced Omar Al Zawawi has increased his shareholding in the sultanate's second-... Read full article »
OUI reports OR2.2m nine-month profit
Oman United Insurance (OUI) has posted a net profit of OR2.23m in the first nine months of this... Read full article »
Burgan Bank to issue $711m bond
Kuwait's Burgan Bank plans to issue a bond worth up to KD200m ($711m), Alqabas Arabic daily has... Read full article »
Bank Muscat says Q3 income rose 19.7%
Oman's largest lender by market capitalisation, Bank Muscat has reported a 19.7% rise in third-... Read full article »
NCB posts 12.7% rise in nine-month net income
Saudi Arabia's National Commercial Bank (NCB) has said its net income for the first nine months... Read full article »
SAMA approves Banque Saudi Fransi's $667m Islamic bond
Banque Saudi Fransi (BSFR), partly owned by Credit Agricole, has announced it has received... Read full article »
BBK receives nod to operate in India
The Bank of Bahrain and Kuwait (BBK) has said it has received the necessary approval by Indian... Read full article »
Kuwait's Boubyan says nine-month income rose 11%
Kuwaiti lender Boubyan Bank has posted an 11% jump in its third-quarter net profit to KD7.6m,... Read full article »
Analysts expect Alizz IPO to be oversubscribed
Oman's Vision Investment Services has said the shares of the Alizz Islamic Bank is poised to be... Read full article »
