(MENAFN – Khaleej Times) HSBC Holdings launched on Tuesday a Dh1 billion fund for small and medium enterprises, or SMEs, and forecast that loans to the sector in the UAE would grow by 20 per cent … (read more…) – FINANCE
By Adam Schreck, The Associated Press DUBAI, United Arab Emirates – HSBC Holdings PLC said Wednesday it will combine its Omani division with local lender Oman International Bank in a deal that will give … (read more…) – FINANCE
Citibank, Dubai Islamic, HSBC and Emirates NBD hired for transaction (read the story…)
DUBAI (Reuters) – HSBC , Europe's largest bank, is buying the onshore retail, corporate and commercial banking business of Lloyds Banking Group in the United Arab Emirates, to strengthen its Middle East presence. HSBC is buying gross assets valued at $769 million (484 million pounds) at the end of 2011 and is expected to...
Lloyds Banking Group is selling its onshore Dubai business to HSBC Bank Middle East. (read the story…)
The clock is ticking to enter a team for the 2012 Fantasy Race to Dubai as you have until 3am GMT on Thursday to select your team of ten players for the start of the game at the Abu Dhabi HSBC Golf Championship. (read full story…)
HSBC Holdings expects Dubai to meet its upcoming debt obligations this year and said international banks' appetite to refinance the emirates' liabilities will not be impacted by the euro zone crisis. (read the story…)
HSBC Holdings Plc, Europe’s biggest bank, will stop offering brokerage services to retail investors in the United Arab Emirates and focus on institutional clients after local trading volumes and stocks plummeted. (read more…)
