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Money
Commercial Bank of Qatar Plans $500m Five-Year Bonds
Commercial Bank of Qatar plans to raise $500 from the sale of five-year dollar denominated bonds. The Gulf…
US$1 Bln Islamic Bank Launched At IDB’s Conference
The Saudi-based Islamic Development Bank (IDB), Saudi lender Dallah Albaraka Group and Qatar have signed an…
Al Nasharty Returns Egypt To Sign Debt Settlement Deal
Amr Al Nasharty, chairman of Sainsbury's Group, returned to Egypt on Tuesday after residing in London for nine…
ECB Resists Pressure to Flag An Exit
The European Central Bank should hold interest rates at a record low of 1 percent on Wednesday and resist German…
Omani Bank Muscat Raises RO100mn Of Tier II Capital
Oman’s Bank Muscat raised RO100mn (=US$259million) of Tier II capital through a private placement of fixed income…
Representative of Arab Central Banks Calls For Concerted Efforts To Face Challenges
Alias Tayeb, representative of the Group of the Arab Governors of Arab Central Bank, called on Islamic Countries to…
Qatar First Investment Bank Reports 20% Increase In 2011
Qatar First Investment Bank (QFIB) held its Annual General Meeting (AGM) that approved the Bank's audited financial…
Qatar’s Doha Bank Ratings Affirmed On Stable Outlook
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Doha Bank's…
IMF Director: Global Recovery Still Fragile
The global recovery is still "very fragile" despite signs of financial stabilization in the euro zone and stronger…
Islamic Development Bank Grants Nigeria $1.96 Bln
The Islamic Development Bank (IDB) has allocated N310 billion (=US$ 1.96 Bln) to contribute in the executing…
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