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Oman to issue Islamic banking guidelines by Q1 2013
Oman's central bank has announced the final draft of the guidelines for Islamic banking is to be... Read full article »
StanChart to consider establishing Islamic banking operations in Oman
Standard Chartered has opened its third branch in Oman and said it is studying setting up Islamic... Read full article »
UAE central bank postpones implementation of lending cap rules
The UAE central bank has decided to postpone implementation of new rules that cap commercial... Read full article »
Lebanese lenders see 'great potential' in Syrian market
The Association of Banks in Lebanon (ABL) has said local lenders will have the opportunity to... Read full article »
QNB looking to acquisitions in Turkey after SocGen deal
Ramzi Mari, the chief financial officer of Qatar National Bank (QNB) has said the lender, which... Read full article »
BankDhofar ready to launch Islamic banking
Omani lender BankDhofar has said it is ready to launch its new Islamic banking services, subject... Read full article »
QNB acquires SocGen's stake in Egypt arm for $2bn
Qatar National Bank has bought the majority stake of Societe Generale in Egypt's National Societe... Read full article »
ENBD expects small business lending to double next year
Emirates NBD has said it expects lending to small businesses in 2013 to double and top Dhs1bn ($... Read full article »
UNB planning to tap bond market
Abu Dhabi's Union National Bank (UNB) has revealed plans to tap bond markets 'shortly' under its... Read full article »
Fitch affirms ratings for HSBC Bank Middle East and Bank Oman
Fitch Ratings has affirmed HSBC Bank Middle East's long-term issuer default ratings at 'AA-' and... Read full article »
NBAD looking to expand abroad
The UAE's largest lender by market value, National Bank of Abu Dhabi (NBAD) has said it is... Read full article »
HSBC to pay record $1.9bn fine in money laundering case
HSBC has agreed to pay a record $1.92bn fine to settle a multi-year probe by US prosecutors, who... Read full article »
Falcon eyeing more acquisitions
Falcon Private Bank, the Abu Dhabi-owned entity which bought the London unit of Clariden Leu, is... Read full article »
Qatar introduces new law for accepting deposits
Qatar has passed a new law that specifies stringent punishment for people and entities found... Read full article »
Lebanon's Audi in talks with Citibank over Odeabank sale
Lebanon's Audi Bank is in talks with Citigroup on the sale of its consumer banking unit in... Read full article »
