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Qatari banks' assets grew grew by 10.7% until August

The Qatar central bank has said the overall assets of banks in the Gulf country grew by 10.7%... Read full article »
Qatar: Monday, October 01 - 2012 at 08:58

Saudi private sector lending rose to 14% in August

According to data by the Saudi Arabian Monetary Agency (Sama), the kingdom's M3 money supply... Read full article »
Saudi Arabia: Monday, October 01 - 2012 at 08:56

Omani lenders increase foreign securities investments

According to data by Oman's central bank, commercial banks in the sultanate have raised their... Read full article »
Oman: Sunday, September 30 - 2012 at 03:27

ADCB files legal action against Zabeel Investments

Abu Dhabi Commercial Bank has launched legal action against Dubai-based property developer Zabeel... Read full article »
United Arab Emirates: Sunday, September 30 - 2012 at 03:27

Analysts expect six-month extension on loans regulation

Analysts have said lenders in the UAE, facing a soon-to-expire central bank deadline to comply... Read full article »
United Arab Emirates: Sunday, September 30 - 2012 at 03:25

NBF to replace Barclays on UAE rate panel

National Bank of Fujairah, the 11th-largest bank by market capitalisation in the UAE, has been... Read full article »
United Arab Emirates: Saturday, September 29 - 2012 at 02:58

Three Bahraini Islamic banks to merge by 2012-end

The central bank of Bahrain has confirmed the merger of three Bahraini Islamic lenders -... Read full article »
Bahrain: Thursday, September 27 - 2012 at 09:01

Omani Islamic banks' assets at $5.2bn

According to a study by Oman's Al Izz Islamic Bank, assets of Shari'ah-compliant lenders in the... Read full article »
Oman: Thursday, September 27 - 2012 at 08:59

FGB plans benchmark bond sale

The UAE's second-largest lender by market value, First Gulf Bank (FGB) has hired five banks for a... Read full article »
United Arab Emirates: Thursday, September 27 - 2012 at 08:58

UAE private loans fell in first five months

Figures from the UAE central bank indicate lenders in the country have expanded credit to the... Read full article »
United Arab Emirates: Thursday, September 27 - 2012 at 08:57

QIB to issue dollar-denominated sukuk

Qatar Islamic Bank plans to issue a dollar-denominated sukuk under its recently approved $1.5bn... Read full article »
Qatar: Thursday, September 27 - 2012 at 08:55

Zawawi Group raises stake in HSBC Oman

Oman's central bank has approved a proposal from one of the shareholders of HSBC Bank Oman to... Read full article »
Oman: Wednesday, September 26 - 2012 at 03:08

GIB updates $4bn bond programme

Bahrain-headquartered lender, Gulf International Bank (GIB) has published an updated prospectus... Read full article »
Bahrain: Wednesday, September 26 - 2012 at 03:07

UAE lenders urged to find solutions to loans defaulted by Emiratis

The UAE central bank has asked banks and financial institutions operating in the country to find... Read full article »
United Arab Emirates: Wednesday, September 26 - 2012 at 03:05

Barwa Bank to co-manageTurkey's $1.5bn sukuk

Qatar's Barwa Bank has been chosen as a co-manager for Turkey's first sukuk transaction worth $1.... Read full article »
Qatar: Tuesday, September 25 - 2012 at 08:32
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