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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 »
United Arab Emirates: Thursday, May 09 - 2013 at 01:10

HSBC nearly doubles Q1 profit

HSBC announced its first-quarter earnings have nearly doubled due to the bank's three-year... Read full article »
UK: Wednesday, May 08 - 2013 at 00:47

Oman welcomes Tourism Bank proposal

The executive president of the Omani central bank, Hamood bin Sangour al Zadjali, has welcomed a... Read full article »
Oman: Wednesday, May 08 - 2013 at 00:47

Mideast syndicated loans rebounding: Barclays

British lender Barclays has said Middle East syndicated lending is recovering from a three-year... Read full article »
Middle East: Wednesday, May 08 - 2013 at 00:47

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 »
United Arab Emirates: Wednesday, May 08 - 2013 at 00:47

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 »
United Arab Emirates: Tuesday, May 07 - 2013 at 05:20

CBD to issue first-ever bond

Commercial Bank of Dubai (CBD) plans to issue its first dollar-denominated bond, taking advantage... Read full article »
United Arab Emirates: Tuesday, May 07 - 2013 at 05:19

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 »
Middle East: Tuesday, May 07 - 2013 at 05:19

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 »
Bahrain: Tuesday, May 07 - 2013 at 05:19

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: Monday, May 06 - 2013 at 05:11

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 »
Oman: Monday, May 06 - 2013 at 05:11

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 »
Bahrain: Monday, May 06 - 2013 at 05:11

JPMorgan raises ADCB to 'overwright'

JPMorgan Chase & Co has raised Abu Dhabi Commercial Bank (ADCB) to 'overweight' after the third-... Read full article »
United Arab Emirates: Monday, May 06 - 2013 at 05:10

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 »
Qatar: Sunday, May 05 - 2013 at 01:30

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 »
Qatar: Sunday, May 05 - 2013 at 01:30
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