High public investment underpins growth
Relatively high public investment will continue to underpin Qatari economic growth, especially in the non-hydrocarbon sector. Coupled with output…
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Doha Bank launches Ramadan promotion
Doha Bank has unveiled a new promotion that offers generous cash back rewards to customers when they perform Western Union…
NBAD-FGB Merger: Step towards needed overhaul of regional banking sector
With confirmation coming in around the talks of a potential merger between National Bank of Abu Dhabi and First Gulf…
PM to name VPs for Egypt's third biggest lender 'within days'
Egypt's Prime Minister Sherif Ismail will name within days two key banking officials as vice chairpersons of the country's third…
Survey shows 'voracious' appetite for high-yield debt in EMEA region
Institutional investors in Europe and the Middle East have a “more voracious” appetite for high-yield corporate debt than those on…
UAE shares up as UK exit fears ease
Gulf shares rose on Tuesday as investors warmed to signs of increasing support among British voters to remain in the…
Facing slower growth, UAE bank deals may just be starting
A potential merger between two of Abu Dhabi’s biggest banks may just be the start of consolidation in the industry.…
Fitch affirms ratings of five Omani banks; outlooks revised to negative
Fitch Ratings has affirmed Bank Muscat's long-term issuer default rating at BBB+ and National Bank of Oman's, BankDhofar's, Bank Sohar's…
ADIB Named UAE Islamic Bank of the Year by The Banker for second consecutive year
Abu Dhabi Islamic Bank, a leading financial institution, has been named "Islamic Bank of the Year - UAE 2016" for…
Al Baraka Islamic Bank’s ratings affirmed with a ‘stable’ outlook
The rating is supported by AIB’s strong ownership, comfortable liquidity arising from customer deposit funding, and improvements in the capital…
CBB Sukuk Al-Salam Securities Subscribed
The Central Bank of Bahrain announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been subscribed by…
BankDhofar Wins Best Retail Bank in Oman at The Banker Middle East Industry Awards 2016
In recognition of its remarkable drive to boost the financial sector in the Sultanate through innovative products and best-in-class banking…