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Ahlibank reports 19% income growth
Oman's Ahlibank has reported a 19% rise in 2012 net profit to OR21.74m, compared with OR18.22m in... Read full article »
NBO's Muzn seals first Ijara deal
Oman's Muzn Islamic Banking, part of the National Bank of Oman (NBO), has said it has become the... Read full article »
Oman lowers personal loan limit
Oman's central bank has lowered the upper ceiling of personal loan portfolio of commercial banks... Read full article »
Saudi banks report 13.7% growth in deposits
The Saudi Arabian Monetary Agency (Sama) has said that total deposits in Saudi banks has reached... Read full article »
Standard Chartered eyeing Egypt acquisition deals
Standard Chartered has said it would consider acquiring a bank in Egypt to ride an expected boom... Read full article »
GCC bank lending to maintain growth this year
Standard & Poor's Ratings Services has said lenders in the GCC region are likely to continue... Read full article »
Egypt raises interest rates
Egyptian central bank has raised interest rates for the first time since 2011, after the pound's... Read full article »
CBQ's outlook revised by S&P to 'negative'
Standard & Poor's Ratings Services has revised its outlook on Commercial Bank of Qatar (CBQ) to '... Read full article »
GCC Islamic banks' assets to maintain growth in 2013
According to a report by Earnst & Young, Islamic banks' expansion in the GCC continues to... Read full article »
Qatari banking sector's 2013 outlook 'brighter' than last year
QNB Financial Services (QNBFS) has said it is "cautiously optimistic" on Qatar's banking sector,... Read full article »
Saudi lenders seen to post 6.8% growth 2013
NCB Capital has said Saudi banks are expected to post a 6.8% growth in profits, compared with an... Read full article »
Emirates NBD to raise $500m through debt sale
Dubai's largest lender, Emirates NBD is planning to tap debt markets to raise a subordinated bond... Read full article »
Bank Muscat closes $500m Euro bond issue
Bank Muscat has closed a five-year, $500m bond issuance under its Euro Medium Term Note (EMTN)... Read full article »
Arab banks may withdraw from Cyprus
The head of the World Union of Arab Bankers has said Arab lenders operating in Cyprus may abandon... Read full article »
UAE lenders' assets hit Dhs1.79trn in 2012
According to data by the UAE central bank, the combined assets of banks operating in the country... Read full article »
