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Deadline for QNB offer to buy NSGB extended

The Egyptian Financial Services Authority (EFSA) has decided to extend until February 20 the... Read full article »
Egypt: Saturday, November 24 - 2012 at 00:13

Saudi Post to introduce remittance service by mid-2013

Saudi Post is set to roll out a new service allowing customers to transfer money through the post... Read full article »
Saudi Arabia: Saturday, November 24 - 2012 at 00:13

Burgan Bank to raise $354m to boost capital

Kuwait's third-biggest lender by assets, Burgan Bank, has unveiled plans to raise KD100m ($354m)... Read full article »
Kuwait: Thursday, November 22 - 2012 at 04:38

Jordan Commercial Bank receives regulator's node for capital hike

Jordan Commercial Bank (JCB) has received the necessary approval from the Jordan Securities... Read full article »
Jordan: Thursday, November 22 - 2012 at 04:38

Emirates NBD eyeing overseas expansion opportunities

Rick Pudner, chief executive of Dubai's largest bank, Emirates NBD has said the lender is looking... Read full article »
United Arab Emirates: Wednesday, November 21 - 2012 at 04:28

BLOM's Syrian unit hit by unrest

Saad Azhari, general manager of Lebanese lender Blom Bank has said Syria's civil war has shrunk... Read full article »
Lebanon: Wednesday, November 21 - 2012 at 04:27

Citi plans to reduce sales and trading jobs: report

Citigroup Inc. is preparing to cut 300 sales and trading jobs globally in 2012, as part of its... Read full article »
USA: Tuesday, November 20 - 2012 at 02:31

Saudi insurer opens retail outlet in Bahrain

Saudi National Insurance Co (SNIC) has opened the company's first retail outlet in Bahrain... Read full article »
Bahrain: Tuesday, November 20 - 2012 at 02:31

Bank loans, services available only to Emirates ID card holders

The UAE central bank has instructed banks in the country to not provide loans or other bank... Read full article »
United Arab Emirates: Tuesday, November 20 - 2012 at 02:31

Jordanian lenders to cover employees' cash subsidy costs

Jordanian, Arab and international banks operating in the country have decided to cover the costs... Read full article »
Jordan: Tuesday, November 20 - 2012 at 02:30

UAE credit growth rose 1.3% in September

According to figures from the UAE central bank, domestic credit by banks operating in the country... Read full article »
United Arab Emirates: Monday, November 19 - 2012 at 03:52

Jordan's Housing Bank joins EBRD's Trade Facilitation Programme

Jordan's Housing Bank for Trade and Finance has announced it has joined the Trade Facilitation... Read full article »
Jordan: Monday, November 19 - 2012 at 03:51

Banque Misr to open office in Turkey

Egyptian lender Banque Misr has obtained the central bank's approval to open an office in Turkey,... Read full article »
Egypt: Sunday, November 18 - 2012 at 01:43

Barclays made no 'illegal payments' for Saudi licence

Barclays Plc has denied making any "illegal payment" to win a banking license in Saudi Arabia,... Read full article »
Saudi Arabia: Sunday, November 18 - 2012 at 01:42

Moody's rates Qatar Islamic Insurance 'Baa2'

The insurance financial strength rating (IFSR) of Qatar Islamic Insurance Co (QIIC) has been... Read full article »
Qatar: Sunday, November 18 - 2012 at 01:41
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