Qatar National Bank Records Net Profit of QR2.0Bn In Three Months
Qatar National Bank Group has announced its financial results for the three months ended 31 March 2012. The group…
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Banks
Royal Bank of Canada Accused Of Wash Trading Scheme
Royal Bank of Canada (RBC), one of the country's largest banks, has been accused of "multi-hundred million dollar"…
Argument on Al Nasharty’s Debt Settlement
Bankers have different opinions on the chairman of Sainsubry’s Group Amr Al Nasharty’s settlement deal of EGP 377…
AUB & SAIB Launch E-Tax Payments Service
Ibrahim Sarhan, chairman and managing director of E-Finance Company, told Amwal Al Ghad Ahli United Bank (AUB) and…
Kenya Central bank Pauses Lending Rate At 18%
Kenya's central bank left its key lending rate unchanged at 18 percent on Wednesday, saying inflation was still…
Credit Agricole Egypt Appoints Five New BOD Members
In a recent General Assembly meeting for the bank, Credit Agricole Egypt’s newly-elected Managing Director and…
U.S. Regulator To Penalize JPMorgan Over Lehman Breakdown
The U.S. Commodity Futures Trading Commission is expected to file a civil case against JPMorgan, for actions linked…
Fitch Ratings Raises UAE’s Tamweel To ‘BBB+’ With Stable Outlook
Fitch Ratings upgraded UAE-based Tamweel PJSC's (Tamweel) Long-term Issuer Default Rating (IDR) to 'BBB+' from…
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…