Qatar’s Doha Bank Registers QR390 Mln Net Profit In Q1
Maintaining growth in all its portfolios Doha Bank posted a first quarter net profit of QR390mn, up 7.4% on QR363mn…
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Banks
IMF Expects EU Banks Deleveraging By $2.6 Trillion
A drastic contraction of European bank balance sheets during the next 18 months could jeopardize financial…
AAIB Disbursed 50% of Yellow Remittances
Arab African International Bank disbursed in the last three weeks 60 thousand yellow remittances out of 127…
Alexbank Offers EGP 257 million To Small Enterprises By 2012
Alex Bank plans to increase its loans to small enterprises by 25% to reach EGP 257 million by the end of 2012,…
Saudi NCB Participates In Harvard’s Islamic Finance Forum
The Saudi Arabian lender National Commercial Bank has recently participated in the Islamic Finance Forum organized…
Audi‘s 2011 Investments In Government Instruments Register EGP 5 Bln
Bank Audi’s investments in government debt instruments rose to EGP 5 billion; of which EGP 4.5 billion in treasury…
Arab Sping, Basket of Compelling Private Equity Opportunities
LPs and general partners alike need to closely follow developments in high-potential markets across MENA to tap…
Faisal Bank Deposits Increases To EGP 33 Bln In March
Current and savings accounts at Faisal Islamic Bank rose 13.8% registering EGP 33.08 billion at the end of last…
HSBC To Merge Oman Unit With OIB
HSBC Holdings PLC said it will combine its Omani division with local lender Oman International Bank in a deal that…
Fitch Affirms National Bank of Ras Al-Khaimah At ‘BBB+’
Fitch Ratings has affirmed National Bank of Ras Al-Khaimah's (Rakbank) Long-term Issuer Default Rating (IDR) at…