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Banks
HSBC Oman Shareholder Raises Stake To 25 Pct
One of Oman's richest businessmen has increased his shareholding in HSBC Oman, the country's second largest bank by…
Bank Muscat Q3 Net Rises To RO 104.19 Million
bank muscat announced here yesterday its preliminary results for the nine months ended 30 September 2012. The bank…
Islamic Finance Struggles Toward Mainstream In Azerbaijan
When a businessman in Muslim-majority Azerbaijan wanted a bank loan that complied with Islamic principles, until a…
Yields Drop At Egypt Auction Of 5-Yr, 7-Yr Bonds
Average yields of Egyptian treasury bonds fell at an auction on Monday as banks with excess liquidity sought to…
Alex Bank Sale Lawsuit Adjourned To December 17th
The State Commissioners Authority at the Administrative Court postponed the case raised for nullifying the sale of…
HSBC Said to End Administration Ties With Some Hedge Funds
HSBC Holdings Plc (HSBA), the administrator of $150 billion in assets for hedge funds, is terminating agreements…
Kuwait’s Burgan Bank Plans 200 Mln Dinar Bond
Kuwait's Burgan Bank plans to issue a bond worth up to 200 million dinars ($711 million), a local newspaper…
Standard And Poor’s Affirms SABB’s Ratings
Standard and Poor's (S&P), one of the world's leading credit rating agencies, has affirmed The Saudi British…
Four Subsidiary Banking Units Of Al Baraka Banking Group Receive International Awards
Four subsidiary banking units of the Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C.…
IDBE Settled EGP 500 Mln Debts In 9 Months
The Industrial Development and Workers Bank of Egypt agreed to settle debts of 100 defaulting customers who owe the…