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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 »
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 »
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 »
ADCB files legal action against Zabeel Investments
Abu Dhabi Commercial Bank has launched legal action against Dubai-based property developer Zabeel... Read full article »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
GIB updates $4bn bond programme
Bahrain-headquartered lender, Gulf International Bank (GIB) has published an updated prospectus... Read full article »
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 »
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 »
