KFH-Bahrain launches Web payment channel
Kuwait Finance House Bahrain, a leading provider of Islamic banking services, has launched a new Web-based pay channel on the…
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AME Info, Abu Dhabi, United Arab Emirates, Banking Briefs
Jordan-headquartered Arab Bank has announced that a New York federal court has dismissed over 90 percent of the claims in…
Barclays’s Azar Sees Middle East M&A Driven by Sovereigns
Middle East mergers and acquisitions, at a six-year high, will be driven by sovereign wealth funds and regional transactions amid…
Baker & McKenzie plans expansion into DIFC
Baker & McKenzie’s newly-expanded United Arab Emirates offering is eyeing up expansion into the Dubai International Financial Centre. The…
U.S. Dismisses Thousands of Claims Against Arab Bank
Jordan’s largest lender, the Arab Bank, announced this week that a New York federal court dismissed more than 90 percent…
Dubai court dismisses Kuwaiti Sheikh's $21 million claim against UBS
A Dubai court has dismissed a Kuwaiti sheikh's $21.4 million claim against UBS AG in which he alleged the Swiss…
Saudi bank lending, M3 growth edge up in July
Saudi Arabia's M3 money supply growth accelerated to 15.0 percent year-on-year at the end of July from 14.0 percent in…
GIB Planning Major Regional Expansion
Bahrain-based Gulf International Bank unveiled plans to expand across the region by launching a retail banking network. The investment…
AUB named top asset management bank in region
For its survey, FTSE Global Markets interviewed over 100 Asset Managers across the Middle East and North Africa on a…
Saudi lender SABB eyes capital-boosting Islamic bond issue – sources
Saudi British Bank, an affiliate of HSBC Holdings, is aiming to sell a Tier 2 capital-boosting Islamic bond, or sukuk,…
Venture Capital Bank posts 18-month profit of $21.1 million
Bahrain-based regional Islamic investment bank, Venture Capital Bank reported a net profit of $21.1 million from total revenue of $43.9…
Saudi British Bank plans capital-boosting sukuk sale – sources
Saudi British Bank, an affiliate of HSBC Holdings, is aiming to sell an Islamic bond by year-end to strengthen its…