Middle-east Arab News Opinion | Asharq Al-awsat

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HSBC Logo

HSBC Picks Up Awards at ‘Euromoney’

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....

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A Saudi man shows Saudi riyal banknotes at a money exchange shop in Riyadh. (Reuters)

Saudi Arabia Set to Raise $8 Billion in Debut Islamic Bond Sale

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...

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Prince Mohammed bin Salman sitting with Stuart Gulliver in Riyadh. SPA

Saudi Deputy Crown Prince Meets HSBC’s CEO

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...

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Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo

Aramco Considers Issuing Shares for Saudis in Favorable Prices

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...

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A HSBC logo is pictured at a Swiss branch of the bank in Geneva February 18, 2015. REUTERS/Denis Balibouse

Lebanon’s Blom Bank in Talks to Purchase HSBC Lebanese Business

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...