HSBC considers merging commercial, investment banking to reduce costs
HSBC is exploring the possibility of combining its Commercial and Investment banking divisions to streamline…
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HSBC Holdings Plc
H. Kong holds rates steady amid US Fed decision
The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged at 5.75 per cent on Thursday, mirroring the…
Goldman Sachs expects Egypt’s c. bank to cut rates
The Central Bank of Egypt (CBE) is poised to reevaluate interest rates, marking its first review since implementing…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Abu Dhabi to re-enter eurobond market after 3-yr absence
Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
S. Arabia’s sukuk generate $2bln
Saudi Arabia's sovereign wealth fund secured $2 billion through the issuance of Sukuk, marking its second venture…
Dubai to divest stake in parking business
Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
Saudi deal flow to increase as wealth fund seeks cash
As the Saudi Arabian sovereign wealth fund seeks to raise capital for its ambitious projects, deal activity is…
S. Arabia’s MMC plans to sell 30% stake in IPO
Saudi Arabia's Modern Mills for Food Products Co. (MMC) intends to sell a 30 per cent stake in an initial public…
S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
