Monday 23 December 2024
 
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HSBC Middle East

HSBC Mideast relocates head office to DIFC

HSBC Bank Middle East Limited (HBME) has transferred its place of incorporation and head office from Jersey to the Dubai International Financial Centre (DIFC) effective today (June 30). As a result of the transfer, HBME is now lea

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Islamic bond market set to rebound

A recent spate of Islamic bond issues in the Gulf region is setting up the fledging sector for a strong second half of 2011, as borrowers look to benefit from attractive pricing and improving investor sentiment. The flurry of activity, inc

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HSBC Middle East eyeing Islamic bond issue

HSBC Middle East, a subsidiary of the UK headquartered bank, will meet investors in Asia and Europe this week ahead of a potential Islamic bond, or sukuk, issue, IFR Markets reported. Investor meetings will take place in Singapore, Kuala L

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Moody's to review HSBC ratings

Moody's Investors Service has placed under review the C+ Bank Financial Strength Rating ('BFSR') of HSBC Bank Middle East Limited (HBME) for a possible downgrade. HBME is a wholly-owned subsidiary of HSBC Holdings, registered in the Channe

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SABB opens Arabic call centre for HSBC ME

SABB has opened an Arabic call centre for HSBC Bank Middle East customers in Riyadh. ’Through this new call centre, SABB will receive Arabic incoming calls from HSBC customers from all over the Middle East, related to credit cards an

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SMEs face foreign ties challenge

Expanding into new countries is a real challenge for small and medium enterprises (SMEs) in the Middle East, an expert from global bank HSBC said. HSBC Middle East regional head of commercial banking Keith Bradley said that while most SMEs

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Business outlook bright

Confidence in the future prospects for business in Bahrain among local businessmen has increased in the second quarter of this year, a new study says. The study was released by HSBC Middle East. The latest HSBC Gulf Business Confid

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