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Ithmaar Bank reports total income increase
Bahrain's Shari'ah-compliant Ithmaar Bank has said its total income increased to $237.9m,... Read full article »
Oman central bank records OR2.77bn remittances
Oman's central bank has said the total amount of remittances made by expatriate workers in the... Read full article »
Standard Chartered seeks early settlement for Iran laundering charges
British lender Standard Chartered is in talks to reach an early settlement over charges it hid $... Read full article »
Al Baraka Group sees income rise 13%
Bahrain-based Islamic lender Al Baraka Banking Group has said its quarterly net income rose 13%,... Read full article »
National Bank of Egypt supports SMEs
The National Bank of Egypt (NBE) has said that by the end of 2011, the bank will have financed... Read full article »
Barclays investigated for fraud over Middle East bailout
The UK's Serious Fraud Office (SFO) has launched an investigation into Barclays' bailout by the... Read full article »
Fitch considers cutting Standard Chartered ratings
Fitch has said it could cut Standard Chartered's ratings as allegations the bank broke US... Read full article »
Bank lending soars 20% in Oman
Oman's six listed commercial lenders have seen their total credit rise by almost 20% in the first... Read full article »
Recent BankMuscat rights issue oversubscribed
BankMuscat has said its recent rights issue has been oversubscribed, reflecting the confidence of... Read full article »
Qatar Holding seeks higher Qatar Insurance stake
Qatar Holding, a unit of the country's sovereign wealth fund Qatar Investment Authority (QIA), is... Read full article »
Saudi Arabia grants license to Chinese lender ICBC
The Saudi government has granted the world's largest bank by market value, the Industrial and... Read full article »
Saudi British Bank outlook 'stable'
Saudi British Bank's (SABB) Long-term Issuer Default Rating (IDR) has been affirmed by Fitch... Read full article »
Standard Chartered investigated over $250bn deals with Iran
UK-based Standard Chartered has come under an investigation by US authorities for $250bn in... Read full article »
Burgan Bank records KD31m H1 profit
Kuwaiti lender, Burgan Bank has announced its net profits for the first half 2012 jumped 23% to... Read full article »
National Bank of Abu Dhabi seven-year bond sale to raise $750m
The UAE's second-biggest bank by assets, National Bank of Abu Dhabi (NBAD) plans to sell seven-... Read full article »
