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Latest banking news

With the US Congress and Senate returning for their autumn sessions in September, the business community is hopeful that a renewal of Exim Bank’s authorisation can be passed

US Exim Bank shutdown affects Middle East projects Subscription

26 August 2015 | By

Paralysis at export credit agency will damage US more than Middle East

Muscat, Oman

Oman economic mood darkens Subscription

25 August 2015 | By

Continued falls in oil price increase deficit worries

The Suez Canal in Egypt

Egypt receives interest for SCZone Subscription

23 August 2015 | By

Egypt’s expansion of the Suez Canal and the plans to develop land along the waterway are aimed at kickstarting the diversification of the economy

Abu Dhabi capital city of the UAE

Aabar Investments gets new CEO Subscription

20 August 2015 | By

Ipic director appointed as new head

Saudi Arabia bank profits

Saudi banks can absorb 2015 bond issuance Subscription

19 August 2015 | By

Liquidity not a pressing concern

Financing debt terms

Kuwait investment firm refinances debt Subscription

17 August 2015 | By

Islamic facility from bank consortium

UAE finance

Lower oil prices to hit Gulf Islamic banks Subscription

12 August 2015 | By

Gradual change in operating conditions expected over 2015/16


Japanese banks invited to open in Iran Subscription

9 August 2015 | By

Business mission from Tokyo was in Tehran

UAE banks continue growth

UAE banks continue growth Subscription

3 August 2015 | By

NBAD profits rise just 1.3 per cent


Emirates ID cards to work as bank cards Subscription

30 July 2015 | By

Mashreq rolls out ATM system

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Banking trends


Saudi Arabia dominates region's project finance sector Subscription

14 July 2015 | By

Uncertain pipeline for second half of year, but 2016 shows promise

Central Bank of Bahrain

GCC governments turn to debt Subscription

7 July 2015 | By

Debt issuances welcomed by banking community

Paul Trowbridge, CEO of Sharjah-based United Arab Bank

Interview: No slowdown in UAE consumer loans Subscription

29 June 2015 | By

Paul Trowbridge, CEO of Sharjah’s United Arab Bank, is bullish on continued growth in the UAE

Corporate legal battle

The AH al-Gosaibi debt default Subscription

22 April 2015 | By

The largest corporate financial scandal that shook Saudi Arabia

Saudi banking sector loan growth

Lending slowdown concerns persist in Saudi Arabia Subscription

14 April 2015 | By

Banks begin posting first-quarter results

Bahrain banking sector assets

Bahrain banking sector to come under pressure Subscription

2 March 2015 | By

Low oil price will do little to improve fortunes

Non-performing loan volumes in decline

UAE banks to weather difficult 2015 Subscription

16 February 2015 | By

New report says sector is well-equipped to deal with slowdown

Egypt foreign reserves

Egypt tackles US dollar black market Subscription

10 February 2015 | By

Country’s depreciating currency starts to stablise

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MEED comment

Philippa Wilkinson

Iran moves from a crawl to a sprint Subscription

27 July 2015 | By

The banking sector will struggle to play its vital role in planned investments

Philippa Wilkinson

The upside to debt Subscription

7 July 2015 | By

Issuing debt may seem a last resort for the GCC, but it would benefit the banking industry

Philippa Wilkinson

A whimper not a bang for the Tadawul Subscription

16 June 2015 | By

The much anticipated opening of Saudi Arabia’s stock exchange is likely to underwhelm

Liz Bains

Credit demand set to slow Subscription

9 June 2015 | By

Region’s banking sector is better prepared for an economic slowdown than it was in 2009


Jordan’s renewables plan gains momentum Subscription

24 February 2015 | By

First phase projects move toward financial close

Dubai finance

Dubai World debt restructure good for banks Subscription

16 February 2015 | By

Creditor approval of debt restructuring deal will help to lower bad loan volumes

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Special reports


Banking & Finance: The GCC's 20 largest lenders Subscription

10 June 2015

Profits have continued to grow


Saudi banking: Sector in rude health Subscription

18 May 2015

The kingdom’s locally incorporated lenders have posted promising profits in 2014 as well as the first quarter of 2015, despite low oil prices and new regulations

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited


Banking: Loan books continue steady expansion Subscription

9 December 2014

Strong economic growth and high levels of government spending are driving demand for credit across the GCC


Qatar banking: State spending boosts banking sector Subscription

27 November 2014

Qatar’s financial services sector is finally feeling the benefit of Doha’s acceleration in infrastructure spending as it prepares to host the Fifa World Cup in 2022.


Banking: The GCC's 20 leading Islamic banks Subscription

18 September 2014

While sharia-compliant finance is flourishing in the GCC, the industry in the wider region has yet to live up to its potential

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Banking data


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Amgad Husein Subscription

28 January 2015

Amgad Husein is partner at Dentons Saudi Arabia

Neil Cuthbert Subscription

28 January 2015

Neil Cuthbert is partner at Dentons Dubai

Paul Trowbridge Subscription

27 January 2015

Paul Trowbridge is CEO at United Arab Bank

Samer Abdel Kader Subscription

26 January 2015

Samer Abdel Kader is head of SEI Investments Middle East

Alain Renaud Subscription

12 July 2014

Alain Renaud is general manager for corporate, commercial and investment banking at Commercial Bank of Dubai

Jonathan Macdonald Subscription

12 July 2014

Jonathan Macdonald, managing director and head of syndicated finance at NBAD

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Kuwait: Bank headquarters Subscription

29 June 2015 | By

Construction of a headquarters building for a bank