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Sharakah And HSBC Bank Oman Renew Joint Collaboration Programme

Fund for Development of Youth Projects, SAOC –“Sharakah” and HSBC Bank Oman SAOG announced the launch of the second edition of “Istidama” Program for...
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Tabreed closes syndication of $692 million loan

Tabreed closes syndication of $692 million loan

(WAM) -- The National Central Cooling Company, Tabreed, has announced the successful syndication of a landmark term-loan facility, which was pre-funded by HSBC Bank...
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Saudi Arabia Releases Triple-Tranche Bonds In A Bid To Replenish Coffers

The Kingdom of Saudi Arabia is said to have already received more than US$35 billion in combined orders for a planned triple-tranche bond sale...
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Abu Dhabi Selling Triple-Tranche Bonds; US$25bln Worth Orders Already In: Sources

Abu Dhabi is said to have already received more than US$25 billion in combined orders for a planned issue of dollar-denominated bonds, which it...
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Central bank, job cuts

UAE’s Central Bank Monitoring Job Cuts In Financial Sector

The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go...
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Morgan Stanley Is Biggest Aramco Bear as Banks Begin Ratings

(Bloomberg) --A month after the world’s largest initial public offering, Saudi Aramco’s investment banks aren’t exactly bullish, with most recommending investors avoid the stock...
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Middle East risks

Aramco, Lebanon, Gulf Oil: A Guide to Middle East Risks in 2020

(Bloomberg) --If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign...
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HSBC; Martin Tricaud, Chief Executive Officer for HSBC

HSBC Bags Top Honours at Euromoney Middle East Banking Awards

HSBC picked up four awards at Euromoney’s annual marquee awards for the Middle East in Dubai.  The award categories were: Middle East’s Best Bank for...
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HSBC UK

HSBC Takes Hits as Brexit Britain’s Consumer Casualty List Grows

(Bloomberg) - The past months have been brutal for the U.K.’s retail and consumer industries, and one bank that’s felt its fair share of the...
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Martin Tricaud HSBC

HSBC Appoints New Regional CEO for MENAT

HSBC has appointed Martin Tricaud as Chief Executive Officer for the Middle East, North Africa and Turkey (MENAT) region, with effect from 1 June,...
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