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1462 Articles

Noor Islamic says has no plans to merge with lenders

DUBAI: Noor Islamic Bank has no plans to merge with another financial…

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Saudi Sipchem Q3 up 54 pct as investors eye SABIC

RIYADH: Saudi International Petrochemical Co (Sipchem) on Sunday posted a 54-percent rise…

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National Bank of Oman Q3 profit climbs 16 pct

DUBAI: National Bank of Oman (NBO), the third-largest lender in the sultanate,…

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Islamic finance faces political hurdles in US

DUBAI: From Australia to Britain and even France, which recently banned the…

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Dubai’s DEWA says offers for bond more than $13 bln

State-owned utility Dubai Electricity and Water Authority's $2 billion two-tranche bond drew…

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Egyptian banks EALB, HDB groomed for possible merger

CAIRO: Egypt's Housing and Development Bank (HDB) and state-owned Egyptian Arab Land…

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Egypt to investigate Turkish steel imports

Egypt said on Wednesday it began an investigation into possible dumping of…

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ArcelorMittal eyeing Egypt partnership: paper

ArcelorMittal, the world's No. 1 steelmaker, has approached Egyptian Iron and Steel…

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Oman banks see Q3 profit rise

DUBAI: Two of Oman's biggest banks posted a rise in third-quarter earnings…

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Kuwait telco Zain Q3 earnings up on customer boost

KUWAIT: Kuwaiti mobile telephone firm Zain, the Gulf Arab region's third-largest operator…

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