Latest banking news
Kemya launched to banks to raise funding Subscription
Sabic and ExxonMobil approach banks for $3.4bn expansion plan
Mobily agrees $400m refinancing Subscription
Mobily funding in place for Bayanat al-Oula
Saudi banks told to replace expatriates Subscription
Local banks must draw up plan to be staffed entirely by Saudi nationals
Dubai Group agrees terms for $6bn debt restructuring Subscription
Sheikh Mohammed’s investment vehicle aims to complete restructuring by early summer
Abu Dhabi Islamic Bank profit up 8.1 per cent Subscription
Abu Dhabi Islamic Bank’s net profit for first quarter of 2013 reached AED389.6m
Abu Dhabi Islamic Bank profit up 8.1 per cent Subscription
Abu Dhabi Islamic Bank’s net profit for first quarter of 2013 reached AED389.6m
Sabic planning bond issue this year Subscription
Petrochemicals firm Sabic considering debt issue
Saudi Arabia could open stock market in a year Subscription
Market regulator is working on opening up stock exchange to foreign investors
Saudi Arabia could open stock market in a year Subscription
Market regulator is working on opening up stock exchange to foreign investors
Sharia-compliant banking 'rapidly growing' in Kenya
But many legal and technical complications remain in setting up Islamic finance products in Kenya
Sharia-compliant banking 'rapidly growing' in Kenya
But many legal and technical complications remain in setting up Islamic finance products in Kenya
First Gulf Bank's year-on-year revenue increases 12 per cent Subscription
First Gulf Bank achieved net profit of AED1.05m
First Gulf Bank's year-on-year revenue increases 12 per cent Subscription
First Gulf Bank achieved net profit of AED1.05m
Mashreq's profits surge 57 per cent Subscription
The UAE bank’s net profits rose to AED425.3m in first quarter
Mashreq's profits surge 57 per cent Subscription
The UAE bank’s net profits rose to AED425.3m in first quarter
Banking trends
Lending to small businesses in Mena Subscription
SME banking revenue in the Mena region is expected to grow by 18 per cent per year, reaching $15bn by 2015
GCC financial sector bond issuances set to reach $13bn by 2018 Subscription
Bonds are currently trading at tight pricings, the result of quantitative easing
United Arab Bank Subscription
The Sharjah-based lender has seen profits accelerate in 2012 on low exposure to problem loans
United Arab Bank Subscription
The Sharjah-based lender has seen profits accelerate in 2012 on low exposure to problem loans
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UAE bank deposits fall in December Subscription
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Credit growth still rising although bankers complain of dearth of new deals Subscription
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Credit growth still rising although bankers complain of dearth of new deals Subscription
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UAE banks set to focus on repaying government bonds Subscription
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UAE banks set to focus on repaying government bonds Subscription
MEED comment
HSBC reviews Iraq operations
If the UK banking giant sells out of Iraq, it will be another bad omen for the country struggling with economic and political malaise
HSBC reviews Iraq operations
If the UK banking giant sells out of Iraq, it will be another bad omen for the country struggling with economic and political malaise
Two-tier banking system formalised Subscription
Bahrain is right to put more pressure on its banks to shore themselves up for future crises
Two-tier banking system formalised Subscription
Bahrain is right to put more pressure on its banks to shore themselves up for future crises
Qatar banks move into new territories Subscription
Qatar’s banking sector is set for a period of expansion at home and abroad but asset quality risks remain
Qatar banks move into new territories Subscription
Qatar’s banking sector is set for a period of expansion at home and abroad but asset quality risks remain
Special reports
Saudi banking: Lenders look to deploy liquidity Subscription
Saudi banks find themselves in an enviable position
Saudi banking: Lenders look to deploy liquidity Subscription
Saudi banks find themselves in an enviable position
Qatar: Balancing Islamic and conventional banking Subscription
Qatar’s central banks faces the challenge of placing conventional and Islamic lenders on an equal footing
Qatar: Balancing Islamic and conventional banking Subscription
Qatar’s central banks faces the challenge of placing conventional and Islamic lenders on an equal footing
GCC Banking: Gaining wisdom from the global financial crisis Subscription
The region’s banks must ensure they learn from the global financial crisis
GCC Banking: Gaining wisdom from the global financial crisis Subscription
The region’s banks must ensure they learn from the global financial crisis
Companies
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Abu Dhabi Islamic Bank Subscription
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Riyad Bank Subscription
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Syria International Islamic Bank Subscription
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Attijariwafa Bank Subscription
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Oman Arab Bank Subscription
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National Societe Generale Bank Subscription
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Ahli United Bank (Bahrain) Subscription
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Bank Aljazira Subscription
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Banque Centrale Populaire Subscription
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Dubai Islamic Bank Subscription
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United Arab Bank Subscription
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Securities & Investment Company Subscription
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Sabb Subscription
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Islamic Development Bank Subscription
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Bank Nizwa Subscription
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Al-Ahli Bank of Kuwait Subscription
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The Saudi Investment Bank Subscription
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Ahli United Bank (Kuwait) Subscription
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Banque Marocaine du Commerce Exterieur Subscription
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Commercial Bank of Kuwait Subscription
People
Mohammed Saleh al-Lai Subscription
Mohammed Saleh al-Lai is executive director and chief executive officer, Al-Amal Microfinance Bank
Mohammed Saleh al-Lai Subscription
Mohammed Saleh al-Lai is executive director and chief executive officer, Al-Amal Microfinance Bank
Abdul-Ghabar Hayel Saeed Subscription
Abdul-Ghabar Hayel Saeed is chairman, Tadhamon International Islamic Bank
Abdul-Ghabar Hayel Saeed Subscription
Abdul-Ghabar Hayel Saeed is chairman, Tadhamon International Islamic Bank
Ahmed Thabet al-Absi Subscription
Ahmed Thabet al-Absi is general manager, International Bank of Yemen
Ahmed Thabet al-Absi Subscription
Ahmed Thabet al-Absi is general manager, International Bank of Yemen
Ibrahim al-Nahari Subscription
Ibrahim al-Nahari is sub-governor for foreign banking, Central Bank of Yemen
Ibrahim al-Nahari Subscription
Ibrahim al-Nahari is sub-governor for foreign banking, Central Bank of Yemen
Mohammed Awad bin Hammam Subscription
Mohammed Awad bin Hammam is governor, Central Bank of Yemen
Mohammed Awad bin Hammam Subscription
Mohammed Awad bin Hammam is governor, Central Bank of Yemen
Adnan Ahmed Yousif Subscription
Adnan Ahmed Yousif board member, president and CEO, Al-Baraka Banking Corporation
Adnan Ahmed Yousif Subscription
Adnan Ahmed Yousif board member, president and CEO, Al-Baraka Banking Corporation
