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Allianz 'not exiting Egypt'
German insurance firm Allianz has said it is not considering leaving the Egyptian market and... Read full article »
Boubyan Bank posts 20% rise in 2012 income
Kuwaiti lender Boubyan Bank has posted a 20% year-on-year increase in its net profit for 2012 to... Read full article »
NBK says 2012 was 'turbulent'
The National Bank of Kuwait (NBK) has posted a marginal rise in its 2012 net profit, overcoming... Read full article »
UAE central bank says mortgage cap ratios 'mere suggestions'
The UAE central bank and the Emirates Banks Association are in talks on proposed mortgage loan... Read full article »
Ahlibank set to roll out Shari'ah-compliant services
Omani lender Ahlibank is set to launch its Islamic banking services window across the country... Read full article »
Competition likely to pressure Omani banks' margins: Fitch
Fitch Ratings has said the outlook for Omani banks remains stable, forecasting more aggressive... Read full article »
NBO posts 19% rise in net profit
National Bank of Oman (NBO) has said its full-year net profit for 2012 rose 19% on the back of... Read full article »
Fitch says GCC lending growth to improve in 2013
Fitch Ratings has said the outlook for most lenders in the GCC/Middle East region is stable,... Read full article »
CBQ's Turkish bank's stake deal seen by end of March
Commercial Bank of Qatar (CBQ) has said the acquisition of a 75% stake in Turkey's Alternatifbank... Read full article »
UAB to expand UAE network
United Arab Bank (UAB) has announced plans to open 10 more branches in the UAE this year to... Read full article »
Lebanese central bank moves to spur lending
Lebanese banks have been told by the country's central bank to set aside $1.45bn to activate... Read full article »
Arab Bank considering appeal options against US court ruling
A US appeals court has decided to keep a sanction against Jordan-headquartered Arab Bank for... Read full article »
BankMuscat reports 19% rise in net income
BankMuscat, Oman's biggest lender by market value, has posted a 19% increase in its full-year... Read full article »
Commercialbank to pay $500m for Turkish bank stake
The Commercialbank of Qatar is looking to spend between $400m and $500m to buy a 75% share in... Read full article »
Overexposure to realty sector threatens Qatari lenders: report
According to a report by Bahrain-based Investment Bank SICO, rising real estate exposure is... Read full article »
