Register for our free newsletter

Latest News


barclays fraud

Qatar cashes in on Barclays warrants

Qatar Holding LLC has cashed in on its remaining warrants in Britain’s Barclays Plc, a move that still leaves the sovereign wealth fund…

November 26, 2012 8:49
Barclays probe turns cold Qatar

Barclays denies making illegal payment

Barclays was licensed to start business in Saudi Arabia in August 2009 and given final approval to begin securities trading in May 2010 after the Saudi regulator said the bank had met all requirements.

November 17, 2012 9:45
Libor Scandal but with criminal power?

Saudi Arabia ‘not aware’ of Barclays probe

It said since the establishment of CMA in 2005 no reservations or observations from anyone had been raised regarding the procedures for granting licenses.

November 11, 2012 8:37
Libor Scandal but with criminal power?

Power of criminal sanctions: Libor reform effect on GCC business

Any reforms in setting Libor will affect the cost of doing business in the GCC and hence should be of importance to both lenders and borrowers...

September 24, 2012 2:27
Barclays Bank

Barclays sees Middle East driving investment bank

The Middle East will be an important growth area in coming years for investment banks, including Barclays, as local wealth funds put their oil dollars to work buying European assets, a senior executive at the British bank said.

September 4, 2012 10:23
Barclays probe turns cold Qatar

Fraud probe could turn Qatar cold on Barclays

Barclays announced plans to raise a further 7.3 billion pounds from investors led by Qatar Holding, Challenger, and Abu Dhabi's Sheikh Mansour.

August 30, 2012 7:00
barclays fraud

Barclays faces UK fraud probe on Qatar payments

SFO starts investigation into payments between Barclays and Qatar; Regulator FSA already investigating certain dealings between the two

August 30, 2012 12:00

UAE central bank confirms Barclays to leave rate-setting panel

The United Arab Emirates central bank confirmed Barclays has asked to withdraw from the country's interbank lending rate-setting panel, and will leave after completing a mandatory 90-day notice period.

July 19, 2012 11:00
Barclays Bank

Barclays to leave UAE rate panel in 90 days

Barclays, hit by the Libor scandal in Britain, will leave the rate-setting panel for interbank lending in the United Arab…

July 18, 2012 11:08
Qatar to Co-Invest With Barclays Resources Unit

Qatar to Co-Invest With Barclays Resources Unit

Qatar has signed a deal to co-invest $250 million with Barclays' natural resources private equity investment unit, underlining the gas-rich Gulf state's desire to plough some of its commodity wealth back into the sector

April 30, 2012 2:53