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UAE residents are not saving enough

Around 46 per cent of the surveyed UAE residents are either not currently saving for their retirement or do not intend to start, reveals a new survey

January 20, 2015 1:16
Arabic business people working in office

UAE Nov business activity growth slows sharply from record high

The HSBC UAE Purchasing Managers' Index fell to 58.3 points in November from 61.2 in October

December 4, 2014 10:03
Clouds passing through Burj Khalifa

Qatar, Kuwait and Bahrain beat UAE as top global expat destinations

Emirates deemed too expensive for living, survey reveals

October 23, 2014 6:22
HSBC branch in Dubai

HSBC launches AED1 billion international growth fund

Fund open to new and existing international SME customers.

November 13, 2013 4:06
Arab Spring has cost the economies billions of dollars

Arab Spring to cost Middle East $800 billion – HSBC

The bank said the Arab Spring had also damaged the Gulf economies, by increasing their dependence on oil-fuelled government spending and deterring politically sensitive policy reforms.

October 9, 2013 5:48

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

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

Qatar eyes Islamic bond sale; demand seen high

HSBC, StanC, Deutsche picked to arrange meetings; Local lenders Barwa Bank and QInvest also on the deal; Roadshows begin July 9 in Malaysia; Singapore follows; Qatar to benefit from global demand for regional credit

July 5, 2012 5:47