Browsing Category
Money
Spain Officially Requests European Aid
Spain formally requested on Monday European aid of up to 100 billion euros for its banks, the Economy Ministry said…
SABB Named Best Bank In Saudi Arabia
The Saudi British Bank (SABB) was named the "Best Bank in Saudi Arabia" by Arabian Business Magazine. The…
Bank Muscat To Sell New Shares At 25% Discount
Bank Muscat, Oman's largest lender, is planning to offer new shares to existing holders at a 25 percent discount…
EALB Considers EGP 2.4 Bln Asset Management Solutions
Egyptian Arab Land Bank (EALB) is currently studying two options to manage the physical assets obtained via…
Banks Close Before Time Ahead Of Announcing Mubarak’s Successor
Banks, among other institutions in Egypt, are closing their doors in the final hours before the announcement of the…
Banque Misr Awaits CBE’s Approval To Offer Ijara Services
Banque Misr has submitted a request to the Central Bank of Egypt in order to conduct Ijara (Islamic lease)…
Bahraini Takaful International Launches Mobile Takaful Service
Takaful International, the 1st leading Islamic insurance (Takaful) company in Bahrain, has launched a new mobile…
Omani Bank Nizwa Fails To Elect Board
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, failed to elect a new…
Falcon Private Bank Named Best Private Bank In UAE
Swiss wealth management expert Falcon Private Bank was awarded 'Best Private Bank, UAE' by World Finance, one of…
Qatar National Bank Mandates Banks For US$1.5 Bln Loan
Qatar National Bank SAQ (QNBK) hired five banks to help raise a $1.5 billion term-loan as Qatar’s largest lender…