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Saudi CPC wins $150m Islamic fundingConstruction Products Holding Company (CPC), the industrial arm of Saudi Binladin Group (SBG) has secured a $150 million Murabaha facility from Standard Chartered in a transaction rated by world-r More… |
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Top global banks in India tax rowIndia said 27 companies, including the local units of HSBC, Standard Chartered and Vodafone, underpaid taxes in the last fiscal year after they sold shares to their overseas arms too cheaply. Finance Minister P Chidambaram named t More… |
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StanChart to host macro-economic sessionsStandard Chartered is set to host a Macro-Economic briefing session titled, "Transforming, Rebalancing, and Outperforming” for its corporate clients in Abu Dhabi on April 28. The bank More… |
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Gulf bond issuance to hit $37bn in 2013Total US dollar-denominated bond issues from the six Gulf countries are expected to hit $37 billion in 2013, dominated by sales from Dubai, according to a research report from Standard Chartered. More… |
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Bahrain's economy 'to grow 4.5pc this year'Bahrain's economy is set to grow by 4.5 per cent this year and over 5 per cent next year, according to a leading private bank's top economist. The main driver of GDP growth in the kingdom will be the oil sector, Standard C More… |
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StanChart names new CEO for LebanonStandard Chartered has appointed Dan Azzi, a seasoned Lebanese banker with global expertise, as the new chief executive officer for its operations in Lebanon. This is the first time the bank has appointed a Lebanese to lead its st More… |
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StanChart plans new digital services in UAEStandard Chartered has announced that it will be introducing a series of digital services and solutions including mobile and online banking to the UAE market this year. The bank also inaugurated its fifth Electronic Banking Unit ( More… |
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StanChart seeks Egypt acquisition, plans Iraq pushStandard Chartered is looking to acquire a bank in Egypt to ride an expected boom in one of the Middle East's largest economies, the firm's regional head said, adding that the bank also plans to expand operations in Iraq this year. More… |
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StanChart wins top awardStandard Chartered has been voted the ‘Best Private Bank for Super Affluent Clients in the UAE’ for 2013 by Euromoney. The results were announced at the Private Banking Survey More… |
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'Tough year ahead for Mena non-oil exporters'The growth dynamics of the Mena region is divergent as on one hand the oil exporters benefit from strong fuel prices and strong government backing, while the non-oil exporters face a more challenging fiscal reality this year, said Standard Chart More… |
