HSBC, Europe's biggest lender, is significantly scaling down its private banking operations in the Middle East, two sources told Reuters, and HSBC said its top private banker in the region had been reassigned to London.
February 29, 2012 1:51
Q4 net profit AED 724M vs AED732 million a year ago; Analysts forecast profit of AED756.4 million for Q4; Q4 impairment charges AED482 million vs AED424 million
January 31, 2012 3:05
Q4 profit 31 mln dirhams from 8 mln dirhams in Q4 2010; Full-year net profit 101.9 mln dirhams; Tamweel shares up over 7 pct this year
January 29, 2012 3:55
Majid Al Futtaim (MAF) Holding, the sole franchisee for hypermarket chain Carrefour in the Gulf, has picked four banks to set up a $1 billion Islamic bond programme, a prospectus issued by the Dubai-based mall developer showed.
January 8, 2012 10:36