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HSBC, Middle East
Main Category: Investment and Merchant BankALL STORIES LIST
GCC helping to lead global economic recovery
Thursday, 19 November 2009
Thursday, 19 November 2009
HSBC economists say emerging markets lead growth, while the West struggles in short term.
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GCC urged to form alliances to beat downturn
Wednesday, 18 November 2009
Wednesday, 18 November 2009
HSBC's chief economist says move would sharpen competitive edge amid crisis.
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HSBC chief sees start of Mideast recovery
Tuesday, 27 October 2009
Tuesday, 27 October 2009
Bank's regional chief executive Simon Cooper adds that he does not expect rapid economic rebound.
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HSBC delays debit cards for customers till year end
Friday, 23 October 2009
Friday, 23 October 2009
Bank declines to say why its 400,000 customers have to wait to get a debit card.
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Business confidence in GCC rallies in Q3 to year high
Wednesday, 21 October 2009
Wednesday, 21 October 2009
New HSBC survey sees confidence levels at highest in region since Oct 2008.
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HSBC sees GCC energy project financing halve
Monday, 19 October 2009
Monday, 19 October 2009
UPDATE 1: Bank chief says loans in region fall as banks steer away from lending.
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Rothschild busiest in Mideast M&A - study
Tuesday, 29 September 2009
Tuesday, 29 September 2009
Investment bank still expects Mideast to be one of the fastest growing regions for deals, longer term.
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Fresh appetite for Gulf IPOs seen after Ramadan
Tuesday, 1 September 2009
Tuesday, 1 September 2009
Investors seen more willing to support region's companies after market drought.
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HSBC UAE lays off 90 employees - report
Tuesday, 11 August 2009
Tuesday, 11 August 2009
Junior and middle management bear brunt of redundancies, according to sources close to bank.
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HSBC Mideast sees H1 profits fall 35%
Monday, 3 August 2009
Monday, 3 August 2009
Profits slump at Mideast unit of UK banking giant reflects surging loan impairment charges across the region.
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Banks seen raising provisions on Saudi groups - NCB
Monday, 27 July 2009
Monday, 27 July 2009
Saad and Algosaibi debt restructurings continuing to impact, but not seen as threatening.
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Saudi Electricity seeks bidders for Riyadh project
Saturday, 11 July 2009
Saturday, 11 July 2009
Power plant project is expected to start first phase of operation by 2012.
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Middle East top financial destination for expats
Wednesday, 24 June 2009
Wednesday, 24 June 2009
Qatar, Saudi Arabia and UAE named best locations for expats to earn and save money.
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Oman's NBO says exposed to troubled Saudi groups
Sunday, 21 June 2009
Sunday, 21 June 2009
Oman’s second largest bank admits $17m exposure to Saad and Algosaibi groups.
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Dubai's Deyaar eyes overseas expansion to diversify
Sunday, 21 June 2009
Sunday, 21 June 2009
CEO of real estate firm says it is looking at opportunities in six to seven countries.
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Gulf business confidence higher in Q2 - HSBC
Sunday, 21 June 2009
Sunday, 21 June 2009
Still, report says one in three think global recession will last at least two more years.
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Kuwait's Global hikes capital amid financial crisis
Monday, 15 June 2009
Monday, 15 June 2009
Generating fee income, rather than conducting fire sales, is major aim as firm restructures.
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UAE tops HSBC index for trade confidence
Sunday, 14 June 2009
Sunday, 14 June 2009
Import, export traders see Middle East as offering best short-term growth prospects - survey.
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HSBC sees 'rapid increase' in customer 'skips'
Wednesday, 10 June 2009
Wednesday, 10 June 2009
Major international banks try softly, softly approach in bid to reduce absconders.
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HSBC sees UAE property prices rise in April, May
Sunday, 31 May 2009
Sunday, 31 May 2009
Agreed prices in Dubai, Abu Dhabi show 4% gain in April, 5% in May - new report.
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Global Investment House posts FY loss
Sunday, 26 April 2009
Sunday, 26 April 2009
Focus on fee generating businesses as the troubled Kuwaiti investment bank swings to a full year loss.
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Dolphin Energy ponders bond sale
Tuesday, 14 April 2009
Tuesday, 14 April 2009
Abu Dhabi-led gas venture may tap international investors to help refinance multi-billion dollar loans.
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HSBC sees increase in UAE loan defaults
Monday, 30 March 2009
Monday, 30 March 2009
EXCLUSIVE: Bank says it is reviewing amount of provision put aside in Q4 08 and Q1 09 for potential losses.
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Fall in Gulf business confidence slows in Q1 - survey
Thursday, 26 March 2009
Thursday, 26 March 2009
HSBC index shows no recovery from 2008 slump but decline is stabilising in region.
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HSBC cuts credit card limits by up to 40%
Wednesday, 18 March 2009
Wednesday, 18 March 2009
Bank tightens lending to customers after reviewing card usage payment patterns as crunch deepens in UAE.
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Moody's mulls possible HSBC ratings downgrade
Wednesday, 18 March 2009
Wednesday, 18 March 2009
Rating agency puts bank's Mideast operation on review amid 'profitability pressures'.
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HSBC set for £12.6bn cash call
Saturday, 28 February 2009
Saturday, 28 February 2009
UK bank, in which Dubai International Capital and Saudi's Saad are major shareholders, set for huge rights issue.
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US $75bn projects under pressure in UAE
Saturday, 7 February 2009
Saturday, 7 February 2009
The value of construction contracts delayed or cancelled in the UAE has hit US $75 billion (AED275 billion) according to a report released last week by HSBC Global Research.
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Sharp decline in Gulf business confidence - survey
Tuesday, 20 January 2009
Tuesday, 20 January 2009
Confidence fell from 99.8 to 70.3 in the last three months across six Gulf states.
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Banks hike salary limits for car loans
Wednesday, 14 January 2009
Wednesday, 14 January 2009
HSBC, Doha Bank and the Commercial Bank of Qatar introduce stricter rules for securing car loans.
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Look West
Tuesday, 16 December 2008
Tuesday, 16 December 2008
Facilities managers looking to implement best practice in the Middle East could do worse than study the IT asset management trends in the UK and US, brought into sharp focus by the economic downturn and lack of liquidity.
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Kuwait grants two foreign banks 2-year tax holiday
Tuesday, 4 November 2008
Tuesday, 4 November 2008
Investment body also grants investment licence to Credit Suisse Group, says minister.
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Gulf business confidence 'drops to 18-month low'
Thursday, 30 October 2008
Thursday, 30 October 2008
But business community remains upbeat about future, HSBC survey reveals.
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UAE urged to adopt chip-and-pin
Saturday, 13 September 2008
Saturday, 13 September 2008
More secure card technology needed to stop repeat of last week's wide-scale fraud, experts say.
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Banks react to card controversy
Wednesday, 10 September 2008
Wednesday, 10 September 2008
UAE customers advised to change PIN numbers as investigation continues
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Gulf banks 'over-exposed to real estate'
Wednesday, 3 September 2008
Wednesday, 3 September 2008
HSBC cuts price targets on major banks in the UAE amid concerns over portfolios.
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Customers hit by HSBC charges hike
Thursday, 7 August 2008
Thursday, 7 August 2008
HSBC Middle East announces tariff increases for services to new and existing customers.
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Mideast buckling under weight of inflation
Tuesday, 10 June 2008
Tuesday, 10 June 2008
Gulf states launch emergency efforts to control prices, Egypt inflation hits 19.7%.
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HSBC in deal with customer to cut mortgage rate
Monday, 2 June 2008
Monday, 2 June 2008
Move could open floodgates for other homeowners to get mortgage rates cut.
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Ditching dollar peg a boon for region
Monday, 26 May 2008
Monday, 26 May 2008
Region's import dependence and high remittance make depegging good news, analysts say.
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Bahrain to privatise water treatment
Thursday, 22 May 2008
Thursday, 22 May 2008
Gulf kingdom to privatise its sanitation facilities, including construction of new sewage treatment plant.
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Abu Dhabi rents surge 17% in Q1
Saturday, 3 May 2008
Saturday, 3 May 2008
Storage of residential units and landlords' preference for commercial letting blamed for rise, gov't says.
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