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Libor scandal

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
 
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
 
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 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 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