Gulf economies to grow on average 4pct in 2011 – AMF
Bahrain to underperform after political turmoil; Foreign investors waiting to see a return to normality there; US debt unappealing to Gulf central banks
June 27, 2011 10:55HSBC Saudi Arabia to merge with SABB Securities
Saudi investment company mergers for Europe's biggest bank to own 51 percent of new venture entity HSBC Saudi Arabia.
June 27, 2011 10:36National Bank of Fujairah signs $235M club loan
NBF was expected to raise $250 mln; Funds for general business purposes - statement - Reuters
June 19, 2011 10:53UAE to toughen up money declaration rules from September
The country is tightening declaration laws in efforts to change UAE's reputation as a money laundering destination.
June 19, 2011 10:49ADCB to net $272 mln in profits from RHB stake sale
ADCB sold its 24.9 percent stake in RHB to Aabar; Says funds to be used to strengthen balance sheet; ADCB shares rise 2.5 percent on Abu Dhabi bourse - reuters
June 19, 2011 10:27Abu Dhabi to remain invested in Malaysia’s RHB
Abu Dhabi Commercial Bank (ADCB) on Friday signed an agreement to sell its 25 percent stake in RHB Capital to Aabar Investments, an Abu Dhabi investment fund, for 10.80 ringgit per share. - reuters
June 18, 2011 2:57
Bullseye: Most Iraqi private banks hit $85M capital target
22 out of 32 private banks reach $85 million capital target needed to spur banking activity. Banks that fail may have licenses revoked.
June 15, 2011 1:46
Ex-top Iraq financier denounces bank power grab
Former head of Trade Bank says politics behind dismissal; Hussein Al-Uzri faces arrest for bank "violations"; He says PM Maliki's entourage wants to control bank
June 14, 2011 4:33
Noor Islamic Bank may break even in 2011
At a time when Islamic banking is losing some of its early launch shimmer, Dubai’s Noor Islamic Bank is looking to break even a year earlier.
June 8, 2011 3:36
Hopeful return of Shari’a: bankers to resuscitate Islamic finance
Stained by the debt crisis and shaky legal foundations, can bankers breathe new life into ailing global Shari’a banking sector?
June 7, 2011 12:06
UAE to tighten banks’ liquidity management guidelines
New rules to reduce severity of liquidity problems; Banks need to comply with new rules from September
June 1, 2011 2:19
Banking on trust: UAE banks urged to trim loan margins
UAE Central Bank urges banks to reduce lending rates. Will banks follow suit when there’s much to capitalise on?
May 30, 2011 4:28
Over $500mn of undocumented loans sinks Kabul Bank
A number of Kabul's elite, some owning properties in Dubai, have received undocumented millions in loans, with the bank only able to get back two-thirds of the whole debt.
May 30, 2011 10:47HSBC MidEast sells $500 mln 5-yr Islamic bond
HSBC seeks to tap demand for Islamic debt; Sukuk priced in line with guidance
May 29, 2011 9:44
Doha Bank sees no layoffs in Islamic business
Islamic bank employees retained, excess staff redeployed; Creating new project and risk advisory division at bank
May 24, 2011 3:00
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Turkish Airlines Can Ride Out Turbulence
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Air Berlin doesn't need Etihad's help
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26