Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55332462
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File photo of the Barclays Bank headquarters in London on May 8, 2014. (AFP PHOTO / CARL COURT)

Regulator backs ADIB purchase of Barclays UAE unit: CEO

by Asharq Al-Awsat | May 20, 2014 | Business

Abu Dhabi, Reuters—Abu Dhabi Islamic Bank (ADIB) has received regulatory approval from the United Arab Emirates central bank for its purchase of Barclays’ retail operations in the country, its chief executive said on Tuesday. The largest sharia-compliant lender...

Media ID: 55330246
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A man uses walks out of a Barclays Bank branch in Dubai November 5, 2008.
(Reuters/Ahmed Jadallah)

Two Abu Dhabi banks vie for Barclays UAE retail ops

by Asharq Al-Awsat | Mar 19, 2014 | Business

Dubai and Abu Dhabi, Reuters—Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays’ retail banking operations in the UAE, with a final decision expected next month after a competitive bidding process, banking sources said on Wednesday. Abu...

Media ID: 55317433
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The Barclays building in Midtown Manhattan on September 16, 2013, in New York City. (John Moore/Getty Images/AFP)

Eight arrested in Britain over alleged Barclays theft

by Asharq Al-Awsat | Sep 20, 2013 | World

London, Reuters—Eight men have been arrested over the alleged theft of GBP 1.3 million (USD 2.1 million) by taking control of a Barclays branch computer system, in a “rapidly evolving” field of cyber crime, British police said on Friday. The men are...