Barwa Bank Chosen To Co-Lead Manage Dubai Sukuk Issue
Barwa Bank has been chosen to co-lead manage Dubai's $750m sukuk issuance, which is the first sovereign sukuk of…
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Banks
Credit Suisse Inherits $2 Billion National Century Claim
Credit Suisse Group AG (CSGN) was ruled by a judge to be liable for all damages that could be awarded to…
Jpmorgan Chief Risk Officer Hogan To Take Temporary Leave
JPMorgan Chase & Co. (JPM) Chief Risk Officer John Hogan, whose tenure included the bank’s worst-ever trading…
Barclays Senior Staff ‘Linked’ To Libor Affair
A lawyer in a case involving the Libor rigging scandal has said evidence links senior Barclays staff to the affair.…
Gulf Banks Look For Acquisitions In Egypt And Turkey To Grow
As protests flared again on the streets of Egypt last month, senior bankers from two GCC lenders were inking deals…
Bank Sohar Discusses Strategy For 2013
Branch leaders from Bank Sohar recently held their first meeting of 2013, headed by Khalfan Rashid al Taley, DGM of…
NBO’s Al Kanz Millionaire Plans To Expand Business
National Bank of Oman ( NBO ), winner of the Bank of the Year Oman Award 2012, from The Banker magazine UK,…
Egypt Central Bank Allows Temporary Foreign-Currency Facilities
Egypt’s central bank said it’s allowing banks to temporarily provide clients with facilities in foreign currency…
NBK Reports Net Profits Of $1,085m In 2012
National Bank of Kuwait (NBK), the Kuwaiti bank and the highest-rated in the Middle East, reported net profits of…
UAE C.Bank Confirms Won’t Impose Mortgage Caps
The United Arab Emirates central bank has confirmed it will not impose limits on mortgage loans without consulting…