Middle East
Middle East | 26 Jun 12
gulf banks are better capitalised
Banks in the Gulf Cooperation Council (GCC) region have capitalisation that generally exceeds their international peers’, according to a report by Standard & Poor’s Ratings Services (S&P) published today.
Middle East | 20 Jun 12
dfsa brings investor protection rules
The Dubai Financial Services Authority has made amendments to its regulation aimed at protecting investors in a way it says aligns it with international standards.
Middle East | 14 Jun 12
bnp paribas rumoured to be selling egyptian arm
Frances biggest listed bank, BNP Paribas, may be looking to sell its Egyptian retail banking operations, according to Reuters.
Middle East | 7 Jun 12
hsbc oman and oib merger completes
The merger of HSBC Oman and Oman International Bank (OIB) to form HSBC Bank Oman has been officially approved and began its operations on Monday this week.
Middle East | 31 May 12
dubai fsa issues email scam alert
The Dubai Financial Services Authority today warned investors to be on the lookout for a fraudulent email scam which uses an email address purporting to be that of Abdullah Mohammed Saleh, who is governor of the Dubai International Financial Centre (DIFC).