Bahrain banks' assets register steady growth
Assets of 34 Bahrain-domiciled banks have grown by $568 million to $154.046 billion at the end of the first half…
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Swiss International eyes 10 GCC hotels by 2017
Swiss International Hotels and Resorts is looking to open at least 10 hotels by 2017 in the UAE, Saudi Arabia,…
Union Bank of India mulls expansion in wider GCC
Union Bank of India, one of the largest government-owned banks in the third largest Asian economy, is pondering the expansion…
UAE bourses set for a fresh start
The UAE bourses are set to make a fresh start this year after experiencing a rollercoaster ride in 2014 due…
Across the world: Islamic banking assets cross $2t
It not only crossed $2 trillion in assets but also got access to new markets including various destinations in Europe,…
LIC launches co-branded credit card with UAE bank
LIC International of India, an arm of India's top insurance company LIC, has partnered with First Gulf Bank (FGB), a…
KFH unit wins $350m loan
The Turkish subsidiary of Kuwait Finance House (KFH) has secured a $350 million syndicated Islamic loan, Kuwait's largest lender said…
Bank Muscat sells Oman brokerage business
Bank Muscat, Oman’s largest lender, has sold its brokerage business to Gulf Baader Capital Markets, a brokerage firm based in…
Upward trend in banking to continue
The UAE banks are going to close their balance sheets for 2014 on a higher note as they are amply…
Al Hilal Islamic Bank launches 'Al Namaa Islamic Savings Account'
Al Hilal Islamic Bank has launched its all-new 'Al Namaa Islamic Savings Account', a great investment opportunity for depositors who…
BB fears rise in inflation due to pay-hike
The central bank has expressed the fear that the proposed pay-hike for public servants might trigger inflationary pressure on the…
Alizz islamic bank opens new branch in Sohar
The 551 square metres property was inaugurated on December 25 at a prominent location at the heart of Sohar, facing…