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Saudi considering limiting expat bank transfers
Saudi lenders are considering imposing a limit on the amount of money expatriates send home to... Read full article »
Qatar Islamic sees no need for sukuk in 2013
Qatar Islamic Bank (QIB) has said the lender is not expecting to issue more Islamic bonds before... Read full article »
DIB looking at Asian markets for expansion
Dubai Islamic Bank (DIB) has said it is eyeing acquisitions in new markets in Asia, after dealing... Read full article »
Bank of Sharjah reports 17% rise in quarterly income
The Bank of Sharjah has reported a 17% rise in its first-quarter net income to Dhs70m, Khaleej... Read full article »
Gulf International's Q1 net income drops to $26.5m
Bahrain-headquartered Gulf International Bank (GIB) has said its consolidated net income after... Read full article »
HSBC Oman posts 91% surge in profit
HSBC Bank Oman has reported a 91% surge in net profit for the first quarter of 2013 to OR5.7m,... Read full article »
Jordan's Housing Bank posts $50.8m in quarterly profit
Jordan's Housing Bank for Trade and Finance (HBTF) has said its net income during the first... Read full article »
ABC reports 4% Q1 profit rise
Bahrain-based Arab Banking Corp (ABC) has posted a 4% rise in its consolidated group net profit... Read full article »
Albaraka Turk to issue $200m Islamic bond
Albaraka Turk Participation Bank (ABTP), part of the Bahrain-incorporated Albaraka Banking Group... Read full article »
Oman's Bank Nizwa posts Q1 net loss
Omani Islamic lender, Bank Nizwa, has said reported a net loss of OR2.53m for the first quarter... Read full article »
Lebanese lenders vow compliance with US sanctions
Lebanon's Association of Banks (ABL) have said they would comply with any sanctions imposed by... Read full article »
ADCB confirms lawsuit settlement with rating agencies
Abu Dhabi Commercial Bank (ADCB) has said it has settled its legal action against Morgan Stanley,... Read full article »
Omani banks urged to boost risk management
Hamood Sangour al Zadjali, the executive president of Oman's central bank has said urged bankers... Read full article »
Saudi regulator approves Aljazira Takaful's IPO plan
Saudi insurer under establishment Aljazira Takaful Ta'awuni Co (ATT) has received the approval of... Read full article »
Bank Nizwa inks partnership deal with Tibiaan Properties
Omani Shari'ah-compliant lender Bank Nizwa has signed a memorandum of understanding with Tibiaan... Read full article »
