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QNB planning dollar bond sale
Qatar National Bank (QNB) plans to sell dollar bonds, as the first Arab lender with assets... Read full article »
CBQ reports 7.3% rise in net profits
The Commercial Bank of Qatar (CBQ) has reported a 7.3% rise in net profits in the first quarter... Read full article »
HSBC may withdraw from Iraq
HSBC Holdings has said it is "reviewing" its operations in Iraq, a process that may result in an... Read full article »
ENBD chief executive to step down by year-end
Emirates NBD has announced its chief executive Rick Pudner has decided to step down, Reuters has... Read full article »
Bank Muscat posts 25% drop in Q1 net profit
Bank Muscat has said its net profit for the first quarter of 2013 dropped 25% to OR25m, compared... Read full article »
KPMG says Oman to adjust tax law for Islamic lenders
KPMG has said Oman's tax law, regulations on taxation, and protocols within the tax agreement... Read full article »
MENA remittances grew 14.3% in 2012
According to figures by the World Bank, the Middle East and North Africa (Mena) region... Read full article »
Bank Audi posts 9.5% profit drop
Lebanon-based Bank Audi has said the 9.5% decline in net profits in the first quarter of 2013 to... Read full article »
Oman's NBO reports 11% decline in quarterly income
The National Bank of Oman (NBO) posted an 11% decline in its first-quarter net profit to OR8.59m,... Read full article »
Kuwait's total bank credit in February topped $94.7bn
The National Bank of Kuwait (NBK) has said that bank credit in the country saw another strong... Read full article »
Bank Audi looking to expand in Turkey
Odeabank, the Turkish lender wholly-owned by Lebanon's Banque Audi, has said it may consider... Read full article »
ENBD expects 40% jump in retail lending
Emirates NBD has said its retail lending is expected to jump between 25 and 40% this year, as... Read full article »
Barwa Bank plans share sale
Qatari lender Barwa Bank has announced plans to raise QR2.05bn ($563m) through two share sales... Read full article »
Remittances by expats in Jordan up 4.1% in Q1 2013
The central bank of Jordan has said expatriates' remittances rose 4.1% during the first quarter... Read full article »
Dubai Islamic Q1 earnings up 17%
Dubai Islamic Bank (DIB) has posted a 17% jump in its first-quarter net profit to Dhs301.7m,... Read full article »
