Barclays denies illegal payment for Saudi licenceBarclays did not make any "illegal payment" to win a banking license in Saudi Arabia, the bank said in a statement in response to a newspaper report last week that said US authorities were looking at whether improper payments were made More… |
Barclays boosts ME wealth management teamBarclays Bank said it has boosted its wealth and investment management capabilities in the Mena region with the appointment of Sandip Aggarwal as its new director for the Gulf market. Sandip will be responsible for providing finan More… |
Barclays to open Islamic window in DIFCBarclays Bank has received approval to operate an Islamic Window in the Dubai International Financial Centre (DIFC), enabling it to base its global Islamic products team in the DIFC. It will also facilitate the bank to offer Islamic financ More… |
AUD partners with Barclays BankThe American University in Dubai (AUD) and Barclays Bank UAE have signed a MoU to enable exchange of opinion, knowledge and expertise between the two institutions. This enhanced cooperation will result in internships and employment opport More… |
Dubai varsity inks MoU with Barclay’s BankThe University of Dubai, an academic institution established by Dubai Chamber of Commerce and Industry, has signed a MOU with Barclays Bank for a student sponsorship program. According to the MoU, Barclays Bank will offer a full-year spons More… |
BlackRock to buy BGI in $13.5bn dealBlackRock, a global investment management and advisory company, has snapped up Barclays Global Investors (BGI) for $13.5 billion in a deal creating the world's largest money manager. BGI is an investment management subsidiary of UK-bas More… |
BlackRock to buy BGI in $13.5bn dealBlackRock, a global investment management and advisory company, has snapped up Barclays Global Investors (BGI) for $13.5 billion in a deal creating the world's largest money manager. BGI is an investment management subsidiary of UK-bas More… |
Barclays Bank signs MoU with HCTBarclays Bank has signed a Memorandum of Understanding (MoU) with the Higher Colleges of Technology (HCT). As per the MoU, Barclays become a founding member of HCT Foundation and adds a chair in banking and finance to the school. The chair More… |
Qatar wealth fund eyes Barclays stakeQatar's sovereign wealth fund is considering backing a share issue by British bank Barclays, which could raise more than 4 billion pounds ($7.81 billion) from investors, the Financial Times reported. The Qatar Investment Authority (QIA), w More… |
$72m deal for Empire HeightsBarclays Bank, Al Ahli Bank of Kuwait (ABK) and GPD Investments signed a $72 million term loan facility for the development of Empire Heights in Business Bay. The Facility Agreement will provide GPD Investments with a term loan of $72 mil More… |