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Lulu International, GCC Exchange ink partnership deals with India KVB
Abu Dhabi's Lulu International Exchange and Dubai-based GCC Exchange House have entered into a... Read full article »
HSBC nearly doubles Q1 profit
HSBC announced its first-quarter earnings have nearly doubled due to the bank's three-year... Read full article »
Oman welcomes Tourism Bank proposal
The executive president of the Omani central bank, Hamood bin Sangour al Zadjali, has welcomed a... Read full article »
Mideast syndicated loans rebounding: Barclays
British lender Barclays has said Middle East syndicated lending is recovering from a three-year... Read full article »
UAE banks have excellent capital adequacy
The UAE central bank has said lenders operating in the country are in a good financial position... Read full article »
UAE moves to make borrowing easier for SMEs
The International Finance Corp (IFC), a unit of the World Bank, has said it is helping the UAE in... Read full article »
CBD to issue first-ever bond
Commercial Bank of Dubai (CBD) plans to issue its first dollar-denominated bond, taking advantage... Read full article »
RBS eyeing higher Mideast derivative sales
Royal Bank of Scotland Group has said it aims to increase returns from derivatives sales in the... Read full article »
Bahrain Financing acquires 92% stake in Malaysian firm
BFC Group Holdings, the holding company of Bahrain Financing Co (BFC) has said it has acquired a... Read full article »
HSBC shuts down four branches in Oman
HSBC Bank Oman has decided to shut down four of its branches in the sultanate to "optimise... Read full article »
Oman's Risk Management expands into India
Oman's Risk Management Services has announced the launch of insurance broking operations of its... Read full article »
BMI's Q1 earnings surge 125%
Bahraini lender BMI Bank has said its net income for the first quarter of this year surged 125%... Read full article »
JPMorgan raises ADCB to 'overwright'
JPMorgan Chase & Co has raised Abu Dhabi Commercial Bank (ADCB) to 'overweight' after the third-... Read full article »
Qatari lenders issued $2.2bn in sukuk in Q1 2013
Qatar's central bank has said Islamic lenders in the country have raised QR8bn ($2.197bn) through... Read full article »
Expat remittances from Qatar hit $60bn between 2006-2012
Qatar Chamber has said that foreign workers have remitted $60bn overseas between 2006 and 2012,... Read full article »
