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HSBC Oman reports OR5.8m net income
HSBC Bank Oman has reported a 60.2% jump in operating income and an 81.5% surge in net interest... Read full article »
Asia Express further expands Oman network
Asia Express Exchange (AEE) has announced the opening of a new branch at Al Burj complex in... Read full article »
Barwa Bank sees sukuk platform launched by year-end
Qatari Islamic lender Barwa Bank has said its sukuk trading platform is expected to become full-... Read full article »
UAE central bank approves revised LTV ratios
The UAE central bank has agreed, in principle, to soften plans to introduce limits on mortgage... Read full article »
Egyptian bourse to exclude NSGB from EGX30
The Egyptian stock exchange has said the National Société Générale Bank (NSGB) will be excluded... Read full article »
IIB buys 10% stake in Leeds United
Bahrain-based International Investment Bank (IIB) has acquired a 10% stake in UK's Leeds United... Read full article »
BNH looking to acquire stake in regional insurance firm
Farouk Almoayyed, the chairman of Bahrain National Holding (BNH), the parent company of Bahrain... Read full article »
Lebanese banks considering withdrawing from Cyprus
François Bassil, the chairman of Lebanese lender Byblos Bank has said most Lebanese banks... Read full article »
Lebanese central bank ensures sector's stability
The governor of the Lebanese central bank, Riad Salameh has said the bank has taken the necessary... Read full article »
UAE banks to fine bounced cheques issuers
The UAE central bank has decided to impose fees on bounced cheques from June 1, Gulf Today has... Read full article »
Kuwaiti lenders reject loan inflation allegations
The Kuwait Banking Association has rejected allegations about local banks inflating loans that... Read full article »
Morgan Stanley to sell EMEA wealth management arm to Credit Suisse
Swiss lender Credit Suisse has said it is to buy US bank Morgan Stanley's wealth management... Read full article »
RBS MEA chief steps down
Royal Bank of Scotland Group has the chief executive for the bank's operations in the Middle East... Read full article »
Emirates NBD prices $750m bond
Dubai's largest lender has announced Emirates NBD has priced a $750m subordinated bond at 4.875%,... Read full article »
NBAD to repay government financial support by Q2 2013
The National Bank of Abu Dhabi (NBAD) has said it has started repaying the government's support... Read full article »
