The U.S. government asked a federal appeals court to block the release of a report detailing how HSBC Holdings Plc is working to improve its money laundering controls.
Arab National Bank, Saudi Arabia's seventh-largest lender by assets, reported a 2.1 percent fall in second-quarter net profit.
Telecom Egypt is in talks with banks regarding a EGP5 billion ($563.07 million) loan to acquire a 4G licence.
A recent spate of fires has once again focused attention on this issue, especially as little as 5 percent of residents have cover
Gap between Egypt's official and unofficial dollar rates hit its widest ever on Thursday.
Ludmila Yamalova, Managing Partner, HPL Yamalova & Plewka DMCC looks at the issue of banks unilaterally closing accounts of their customers, without reason.
The loan will go for financing a project to build a pier and a storage and trading centre for petroleum products in Ain Sokhna, in Suez governorate.
During the first half of 2016, HC succeeded in completion two acquisition deals.
Moody's Investors Service's outlook for Qatar's banking system remains stable, unchanged since 2010.
The lender made a net profit of AED539 million ($146.8 million) for the three months to June 30.
The rise and fall of Abu Dhabi tycoon Khadem al-Qubaisi, named this week in U.S. Justice Department lawsuits seeking to seize over $1 billion in assets.
Analysts downgrade EU banks in favour of US Rivals.