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HSBC Voted As Bahrain's Top Trade Finance Bank For Service Quality
January 13th, 2020 - 12:46 GMT

HSBC Voted As Bahrain's Top Trade Finance Bank For Service Quality

HSBC has been voted as the leading trade finance bank in Bahrain in the 2020 Euromoney trade finance survey. This is the second consecutive year that HSBC Bahrain was voted the country’s top trade finance bank, concurrently retaining the number one spot for service quality. HSBC was also voted the #1 trade finance bank in the Middle East region – the fourth year in succession that customers have placed the ...
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The London-headquartered bank last month announced the shock exit of CEO John Flint after just 18 months in the hot seat but gave no reason for the decision.
October 7th, 2019 - 08:01 GMT

HSBC to Lay off up to 10,000 Employees

The transaction marks the largest 30-year tranche by Abu Dhabi
October 6th, 2019 - 10:30 GMT

Abu Dhabi Issues $10 Billion Multi-Tranche International Bond Offering

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman speaks during the opening ceremony of the 24th World Energy Congress (WEC) in the UAE capital Abu Dhabi on September 9, 2019. In his first comments since being appointed by his father King Salman, the minister signalled no major change in approach in Saudi Arabia, the de facto leader of OPEC which pumps about a third of the cartel's oil.
September 10th, 2019 - 07:18 GMT

Saudi Arabia Plans to Enrich Uranium for Nuclear Power

A section of UAE expats may not have seen much wage growth last year. (Shutterstock)
January 16th, 2019 - 09:43 GMT

Survey: UAE Among World’s Top 10 Destinations for Expats

Having a financial strategy in place as early as possible, and seeking advice from an independent, cross-border financial adviser is essential to education planning. (Shutterstock)
September 17th, 2018 - 10:19 GMT

Education Fee Planning Is Key for a Hassle-Free Future

ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the non-call, five-year Sukuk at a profit rate of 7.13 per cent. (File/ Photo)
September 17th, 2018 - 05:15 GMT

Strong Tier-One Perpetual Sukuk Debut for ADIB With $750 Million

OPEC opened the flood gates this summer by increasing crude oil production by 278,000 barrels a day from July to August. (Shutterstock)
September 13th, 2018 - 07:09 GMT

OPEC Ups Production to 278,000 Barrels a Day

British expats topped the list with eight executive leaders. (Shutterstock)
August 14th, 2018 - 09:32 GMT

Meet the 50 Most Influential Expats in UAE

The central bank said that, 85 per cent of those debts are owed to local banks, while the remaining 15 per cent are owed to financial facilities companies. (Shutterstock)
July 23rd, 2018 - 09:18 GMT

Kuwait Banks Burdened with $1.8 Billion Bad Debts for Laid off Expats

HSBC and Credit Suisse were selected based on their expertise and credentials in the investment banking industry. (Shutterstock)
July 23rd, 2018 - 09:04 GMT

HSBC,Credit Suisse Evaluates KFH Potential Merger with AUB

First implemented in 2009, the technology consists of 'blocks' that hold batches of timestamped transactions, with each block linked to the previous one through cryptography, thus forming a chain. (Shutterstock)
July 12th, 2018 - 07:08 GMT

Everything You Need to Know About Blockchain

SABB, which is 40 percent owned by HSBC Holdings, and Alawwal said in April last year they had agreed to start talks on the merger. (Courtesy of SABB)
May 20th, 2018 - 08:15 GMT

Third Largest Bank in Saudi Arabia to Be Created With Alawwal and SABB Merger

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