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Gulf to use more Chinese Yuan – HSBC

One step was taken in January last year when the central banks of China and the United Arab Emirates signed an agreement allowing them to swap 35 billion yuan.

April 9, 2013 10:31
 
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HSBC says unprofitable to deal with Syrians

One regional banking analyst said the cost of making additional checks on customers was difficult to justify if they did not provide much revenue to the bank.

February 7, 2013 11:23
 
Serviced apartments in Dubai more popular

A rush for Dubai’s serviced apartments

With regional unrest, people are coming to Dubai where they might have gone to other locations in the past.

January 23, 2013 11:39
 
HSBC branch in Dubai

HSBC pulls back from Islamic banking

Through its HSBC Amanah arm, headquartered in the UAE, HSBC was a pioneer in the industry and it operated the largest Islamic business of any Western bank.

October 18, 2012 4:07
 
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