Kuwait’s Burgan Bank to consider expanding in UAE, Saudi, Egypt
Burgan Bank, Kuwait’s third-largest lender by assets, will consider expanding in the United Arab Emirates, Saudi Arabia and Egypt as…
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UAE Banks Federation appoints independent agency to monitor Code of Conduct compliance
The UAE Banks Federation, a professional representative body representing 50 member banks operating in the UAE, has approved the appointment…
FGB named 'Most Impressive Middle East Borrower' at 2015 GlobalCapital Bond Market Awards
FGB, one of the leading banks in the UAE, has been named 'Most Impressive Middle East Borrower' at the 2015…
NBK-Egypt reports EGP 126.3 million in net profits in the first quarter 2015, up 30.2% y-o-y
Total assets grew 47.6% y-o-y to EGP 31.3 billion, customers' deposits up 42.8% to EGP 26.0 billion National Bank…
Horn of Africa`s Djibouti dreams of becoming `New Dubai`
For years the Horn of Africa nation Djibouti was seen by foreign powers as a far-flung military outpost overlooking the…
Oman's Bank Sohar launches $250 mln 3-yr debut loan – statement
Oman's Bank Sohar has invited banks to participate in a $250 million debut loan to fund its general business activities,…
Mohammed bin Rashid issues Decree forming the Board of Dubai Chamber
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Sheikh…
Egypt's National Bank records 25% Rise in 6-month Profit before Tax
Egypt's biggest state-run bank, the National Bank of Egypt reported a 25 percent growth in profit before taxation during the…
Charted: Here’s where you find the richest people in the Middle East
What’s the first thing that comes to mind when you think about the Middle East? Crisis is probably up there.…
IILM Re-Issues 3 Month Sukuk
Short term Sukuk rated A-1 by Standard and Poor’s Rating Services have been issued by the International Islamic Liquidity Management.…
Global growth in 2015 – it’s complicated by Marios Maratheftis, Standard Chartered
The world economy is set to improve this year, but the path to more sustainable growth won’t be straightforward If…
BIBF-DinarStandard to launch key programme
Bahrain Institute of Banking and Finance (BIBF), in partnership with DinarStandard, is launching the world's first training programme on the…