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Deposits by UAE private sector drop in the first five months of 2012

According to data by the UAE central bank, the country's deposits by the private sector with... Read full article »
United Arab Emirates: Monday, October 08 - 2012 at 05:57

NBK to provide Dubai property buyers with mortgage services

The National Bank of Kuwait (NBK) has said it has started offering its new mortgage service to... Read full article »
Kuwait: Monday, October 08 - 2012 at 05:54

QIB raises $750m from sale of sukuk

Qatar Islamic Bank (QIB) has said it has returned to global debt markets after two years with a $... Read full article »
Qatar: Sunday, October 07 - 2012 at 09:00

Burgan Bank receives approval for Turkish acquisition

Kuwaiti lender Burgan Bank has said it had received approval from the Kuwaiti central bank for... Read full article »
Kuwait: Sunday, October 07 - 2012 at 08:59

Fitch sees new Islamic banks in Oman to struggle, initially

Fitch Ratings has said new Islamic banks set up in Oman are to struggle initially to compete with... Read full article »
Oman: Sunday, October 07 - 2012 at 08:58

Swiss private bank to buy Credit Suisse subsidiary

Swiss private bank owned by Abu Dhabi's Aabar Investments, Falcon Private Bank has a said it will... Read full article »
United Arab Emirates: Saturday, October 06 - 2012 at 01:43

Doha Bank to offer mortgage loans to NRIs

Qatari lender Doha Bank has signed an agreement with Indiabulls Housing Finance Co to offer... Read full article »
Qatar: Thursday, October 04 - 2012 at 08:42

Emirates NBD bids for BNP's Egypt retail arm

Emirates NBD and Morocco's AttijariWafabank have bid to buy BNP Paribas' Egyptian retail arm, as... Read full article »
United Arab Emirates: Wednesday, October 03 - 2012 at 02:10

Ithmaar set to close merger deal with First Leasing Bank

Bahrain-based Ithmaar Bank has said that negotiations on a proposed merger with one of its... Read full article »
Bahrain: Wednesday, October 03 - 2012 at 02:09

HSBC plans to expand retail operations in Egypt

Europe's largest bank, HSBC is seeking to boost its consumer lending and wealth management... Read full article »
Egypt: Wednesday, October 03 - 2012 at 02:09

Saudi lenders to post higher Q3 income on property, petchem projects:report

Riyad Capital, the investment arm of Saudi lender Riyad Bank, has said banks in the kingdom are... Read full article »
Saudi Arabia: Wednesday, October 03 - 2012 at 02:08

S&P upgrades Warba Insurance ratings

Standard & Poor's has upgraded Kuwait-based Warba Insurance Co's financial strength rating and... Read full article »
Kuwait: Tuesday, October 02 - 2012 at 01:19

Barwa Bank considering Doha IPO

Qatar-based Barwa Bank has unveiled plans for an initial public offering on the Doha stock... Read full article »
Qatar: Tuesday, October 02 - 2012 at 01:18

FGB to issue 5-yr bond 'soon'

Abu Dhabi's First Gulf Bank (FGB) plans to issue a five-year, benchmark-sized dollar-denominated... Read full article »
United Arab Emirates: Tuesday, October 02 - 2012 at 01:18

UAE central bank rules out extending exposure deadline for lenders

The UAE central bank has said lenders operating in the country will not be given an extension of... Read full article »
United Arab Emirates: Tuesday, October 02 - 2012 at 01:17
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