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QNB dropped interest in BNP Egypt
Qatar National Bank (QNB) has dropped its interest in buying the Egyptian operations of France's... Read full article »
Alizz Islamic expects first profit in second year
Oman's Alizz Islamic Bank, which launched its initial public offering on Saturday, has said it is... Read full article »
Commercial Bank of Kuwait to close investment unit
The Commercial Bank of Kuwait (CBK) has said shareholders have approved a plan to liquidate the... Read full article »
Credit Suisse trims Dubai investment banking
Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to... Read full article »
Saudi lenders among most liquid in EEMEA
According to a report by Credit Suisse, Saudi Arabia's six major lenders Al Rajhi Bank, Arab... Read full article »
CBK dismisses rumours on forged KD20 notes
The central bank of Kuwait (CBK) has denied local media reports about the circulation of a large... Read full article »
Standard Chartered in settlement with NY regulator
Standard Chartered Bank has reached a final agreement with New York's banking regulator to pay $... Read full article »
Islamic Arab Insurance ratings affirmed
AM Best Europe Rating Services has affirmed the financial strength rating (FSR) of A- (Excellent)... Read full article »
NBO to offer portfolio services in India
The National Bank of Oman (NBO) has rolled out its portfolio management services in the Indian... Read full article »
Doha Bank planning capital hike to fund expansion
Qatar's fourth-biggest by assets, Doha Bank has said it may raise as much as QR5.1bn ($1.4bn)... Read full article »
Bank Alkhair names new CEO
Bank Alkhair has named Khalil Nooruddin as its new managing director and chief executive officer,... Read full article »
Oman's CMA conducts survey over proposed insurance law
Oman's market regulator has surveyed the opinions of insurance companies, auditing firms and... Read full article »
Qatar central bank comfortable with interest rates
Sheikh Abdullah bin Saud al-Thani, the governor of Qatar's central bank said he was "very... Read full article »
Bahrain financial sector better prepared against cyber threats
Arun Aravindan, the chief operating officer of Elite Technologies Middle East has said Bahrain's... Read full article »
UAE Central Bank's MLF tool 'credit positive': Moody's
Moody's Investors Service has said the new lending tool for banks in the UAE introduced by the... Read full article »
