by Asharq Al-Awsat | May 28, 2017 | Business
HSBC received three major awards at the annual ‘Euromoney Awards for Excellence’ event held in Dubai last week. HSBC retained its title as ‘Best investment bank in the Middle East’ for the fifth consecutive year, and its the bank’s seventh win of the title since 2008....
by Wael Mahdi | Apr 13, 2017 | Business
Khobar – Saudi Arabia will raise $8 billion (SAR30 billion) in its first global Islamic bond issue, with an order book from investors in excess of $33 billion (SAR123 billion). The government is selling the five-year sukuk tranche at 100 basis points over the...
by Asharq Al-Awsat | Mar 2, 2017 | Saudi Arabia
Riyadh – Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defense, met Wednesday with HSBC Chief Executive Stuart Gulliver. During the meeting, they reviewed fields of cooperation and available opportunities of...
by Wael Mahdi | Feb 23, 2017 | Business
Khobar – Saudi Aramco is considering discounted shares for local investors, sources reported to Bloomberg. The oil company has discussed ways to structure the offering, allowing Saudi buyers to receive the stock at a lower price than international investors. The...
by Asharq Al-Awsat | Jul 26, 2016 | Business
Beirut- Blom Bank, one of the biggest banks in Lebanon, revealed ongoing talks with the International British Bank HSBC to purchase its Lebanese business. Blom issued a statement on the topic saying that, “A binding agreement has not been reached yet; another...
