Fitch Joins Others in Cutting China Forecast
Fitch Ratings on Wednesday cut its forecast on China's 2013 economic growth to 7.5% from its previous projection of…
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HSBC
Iran Sanctions: Foreign Banks Kick Sand in Uncle Sam’s Face
As I have pointed out before in this space, much of the most shocking evidence of America’s weakening position…
HSBC Launches New Branch in Egypt
Earlier this month, Ranjan Sen, Head of Retail Banking and Wealth Management at HSBC Bank Egypt and Francesca…
Lord Green to Retire After Reforming UKTI
Lord Green was credited with leading the “reform and rejuvenation” of UK Trade & Industry by David Cameron, who…
HSBC Sued In New York Over Foreclosures: Reports
HSBC Holdings PLC UK:HSBA +1.27% HBC +1.53% HK:5 +0.76% is being sued by New York Attorney…
CIB Mulls Over Granting Al Futtaim EGP200 – 300 mln Bridge Loan
The Commercial International Bank (CIB) is studying the procedures of granting Al Futtaim Group a bridge loan…
Egypt Sells $2.7 Billion Euro Notes to Finance Budget Deficit
Egypt, the second-most indebted Arab country, sold $2.7 billion of 4.25 percent euro notes to help finance…
IIFM Releases 3rd Edition of Sukuk Report “Comprehensive Study of Global Sukuk Market”
The International Islamic Financial Market (IIFM) today released its much awaited IIFM Sukuk Report (3rd Edition)…
Egypt Sets Up $12 Bln bond program, Eyes Sukuk Early 2014
Egypt aims to issue its debut sovereign Islamic bond, or sukuk, early next year, which could help ease pressure on…
HSBC Signs Agreement With Emirates For Innovative E-Letter Service
HSBC Bank Middle East Limited has entered into an agreement to provide over seven thousand employees of The…
