Impairment proposals to boost MENA banks: Survey
Banks in the Middle East and North Africa, or MENA, expect impairment accounting proposals to improve financial statements, according to…
Comment & Analysis
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BankMuscat wins Euro STP Excellence Award
BankMuscat has won a prestigious award in recognition of operational excellence in the field of Euro payments processing. BankMuscat was…
Turkey Financial Industry Profit Falls $1 Billion in First Half
Turkish financial industry profit fell 1.8 billion liras ($1.03 billion) in the first six months of the year from the…
HSBC selected as best Internet bank in Qatar
HSBC Bank Middle East has been named as the Best Corporate / Institutional Internet Bank in Qatar for the second…
Study confirms banks were mixing traditional, Islamic operations
Qatar’s banking regulator asked conventional banks to close their Islamic operations because some banks were mixing up their traditional and…
Citibank Egypt named 'best internet bank'
Global Finance magazine named Citibank the Best Corporate/Institutional Internet Bank in addition to the Best Consumer Internet Bank in Egypt…
Emirates NBD bags at 2011 International Business AwardsSM
Emirates NBD, a leading bank in the Middle East, announced today that it has won the top award for ‘Marketing…
Hedge funds hold their own in August
In one whiplash inducing week on Wall Street, markets have experienced some of the most extreme consecutive pricing swings on…
Huge Lay-Offs Plague Western Banks – Are Middle East Banks Next?
The world's most expensive bailouts have failed to save European and North American banking jobs, according to a new report…
Burgan Bank Wins "Best Private Bank in Kuwait" Award
Burgan Bank today announced that it has been awarded the prestigious "2011 Best Private Bank in Kuwait" award by World…
Arab holdings of US bonds put at $470bn
The downgrading of the US credit rating will likely have "far-reaching consequences" on the Arab region, according to Chairman of…
Commodities Outlook: Increased Volatility, Increased Opportunity?
Credit Suisse’s Asset Management division announced the release of a new white paper entitled, “Commodities Outlook: Increased Volatility, Increased Opportunity?”.…