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Doha Bank inks money transfer deal with Bank of Philippine Islands

Qatari lender Doha Bank has signed an agreement with the Bank of the Philippine Islands (BPI) to... Read full article »
Qatar: Thursday, December 27 - 2012 at 05:04

Egypt moves to safeguard bank deposits

Egypt's central bank has announced that it was taking all steps needed to safeguard deposits in... Read full article »
Egypt: Thursday, December 27 - 2012 at 05:04

UAB secures $125m loan

Sharjah-based United Arab Bank (UAB) has said it has secured a club loan worth $125m for general... Read full article »
United Arab Emirates: Thursday, December 27 - 2012 at 05:03

QNB expected to acquire majority stake in Turkey's Finansbank

Analysts have said Qatar National Bank may seek to acquire one Turkey's top 10 lenders, Bloomberg... Read full article »
Qatar: Sunday, December 23 - 2012 at 02:06

Bank Nizwa to open for public next month

Omani lender Bank Nizwa has announced it is to open for the public in January next year after... Read full article »
Oman: Saturday, December 22 - 2012 at 01:51

Omani regulator issues three takaful licences

Oman's Capital Market Authority (CMA) has issued in-principle licences for takaful operations to... Read full article »
Oman: Thursday, December 20 - 2012 at 00:13

Ominvest looking to sell stake in banking arm

Oman International Development and Investment Co (Ominvest) has said it is exploring potential... Read full article »
Oman: Thursday, December 20 - 2012 at 00:12

Banque Saudi Fransi closes SR1.9bn Islamic bond

Banque Saudi Fransi (BSF), the kingdom's fifth-largest bank by market value, closed yesterday a... Read full article »
Saudi Arabia: Wednesday, December 19 - 2012 at 01:53

Credit Suisse to shift focus from Dubai to Qatar, Saudi Arabia

Credit Suisse Group, whose second-largest shareholder is the Qatar Investment Authority, is... Read full article »
United Arab Emirates: Wednesday, December 19 - 2012 at 01:53

Emirates NBD highest bidder for BNP Paribas' Egypt arm

Dubai's largest bank, Emirates NBD, has emerged as the frontrunner to buy BNP Paribas' Egyptian... Read full article »
United Arab Emirates: Wednesday, December 19 - 2012 at 01:53

Intercontinental Bank of Lebanon reports 21.3% rise in net profit

The Intercontinental Bank of Lebanon has announced its net profits in the first nine months of... Read full article »
Lebanon: Tuesday, December 18 - 2012 at 00:26

SocGen Lebanon unit increase capital by $325m

Lebanese lender Societe Generale de Banque au Liban has said it has raised capital by $325m, The... Read full article »
Lebanon: Tuesday, December 18 - 2012 at 00:25

Lebanon's Fransabank posts 12.4% increase in nine-month income

Lebanon-based Fransabank has posted a 12.4% drop in net profits to $107.1 million in the first... Read full article »
Lebanon: Tuesday, December 18 - 2012 at 00:25

Saudi Shoura Council wants banks audited

The Saudi Shoura Council has said the General Auditing Bureau (GAB) needs to be allowed to verify... Read full article »
Saudi Arabia: Tuesday, December 18 - 2012 at 00:24

IBB extends deadline for Al Rayan's takeover offer

Islamic Bank of Britain (IBB), majority-owned by Qatar International Islamic Bank, has said a... Read full article »
Qatar: Monday, December 17 - 2012 at 00:35
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