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UAE bank deposits dip 1.6% in June
The UAE central bank has said that the total bank deposits fell by 1.6% during the month of June... Read full article »
Ferg warns possible service fees on all remittances to Pakistan
The Foreign Exchange & Remittance Group (Ferg) in the UAE has warned that exchange companies in... Read full article »
Bahrain's Eskan Bank posts 17% profit rise
Bahrain government-owned mortgage lender, Eskan Bank has reported a 17% rise in net profit for... Read full article »
HSBC Bank Oman links ATM network to OmanNet Switch
HSBC Bank Oman has successfully linked its newly expanded ATM network to OmanNet Switch, giving... Read full article »
EU Council avoids court, no sanctions on Bank Mellat ex-chairman
The Council of the European Union has reversed its decision to place sanctions against Dr Ali... Read full article »
Travelex win Dubai airport forex tender for Concourse 3
International foreign exchange firm, Travelex has been awarded the contract to operate foreign... Read full article »
Kuwait International Bank announces increase in H1 profits
Kuwait International Bank has said its net profits for the first half of 2012 rose to KD6m,... Read full article »
US Treasury sanctions Iraq's Elaf Bank for business with Iranian Banks
The US Treasury Department has imposed sanctions on China's Kunlun Bank and the Elaf Islamic Bank... Read full article »
Regulator approves NBK's $431.2m Boubyan stake buy
The National Bank of Kuwait (NBK) has received the approval by the Capital Markets Authority to... Read full article »
Greece's Piraeus Bank halts Egypt unit sale
Greek lender Piraeus Bank has announced it is terminating with immediate effect the sale process... Read full article »
Bank Sohar to float OR10m rights issue
Oman's Bank Sohar has said it is planning to float a OR10m rights issue to boost its issued... Read full article »
Aabar sets sights on Oman bank investment
Aabar Investments has unveiled plans to invest in Oman's Al Izz Islamic Bank in its role as a... Read full article »
National Bank of Abu Dhabi eyes French bank Egypt units
The National Bank of Abu Dhabi (NBAD) has said it would be keen to buy the Egyptian operations of... Read full article »
FSA to investigate Barclays over Qatar, Abu Dhabi fundraising
The UK's Financial Services Authority (FSA) has launched an investigation over the disclosure by... Read full article »
Qatar's Al Khaliji posts 5% net income gains
Qatar-based lender Al khaliji has said its net income grew 5% in the first half of 2012 to QR261.... Read full article »
