Banks HSBC reports pre-tax profit of $5.2 billion in Q4 2022 Yassmine Elbehnaihy Feb 21, 2023 0 London-based banking firm, HSBC reported on Tuesday its profit before tax reaching $5.2 billion during the last…
Featured Egypt offers initial price by 11.625% of USD dominated sukuk Sama Mousa Feb 21, 2023 0 Egypt offered a preliminary indicative price of around 11.625 percent for benchmark-sized USD sukuk with a…
Banks Saudi Arabia’s PIF collects $5.5 billion with second green bond sale Nada Ali Feb 8, 2023 0 Saudi sovereign Public Investment Fund (PIF) has secured $5.5 billion through its second sale of green bonds in…
Money Egypt’s pound inches down to EGP 27.60 against dollar in some banks Amwal Al Ghad English Jan 9, 2023 0 Egypt’s pound currency inched down to EGP 27.50 against the U.S. dollar for buy and EGP 27.60 for sell at banks at…
Egypt News Egypt awards a feasibility study contract to Bechtel-led coalition for decarbonisation in… Nada Ali Nov 13, 2022 0 The Egyptian Liquefied Natural Gas Company (ELNG) has awarded on Saturday a feasibility study contract to the…
Money HSBC expands private banking business in UAE amid growing millionaire base Amwal Al Ghad English Oct 19, 2022 0 HSBC announced on Wednesday that it has expanded its private banking business in the UAE to cater to the growing…
Money HSBC, Citi among banks to manage Egypt’s first Islamic bonds Amwal Al Ghad English Feb 24, 2022 0 Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of…
Money HSBC launches Foras Trade Fund to support Egypt SMEs mohamed Hamdy Dec 14, 2021 0 HSBC has launched on Tuesday a Foras Trade Fund worth 3 billion Egyptian pounds ($191 million) to support small and…
Money In a market first, HSBC Egypt launches Evolve platform for businesses Amwal Al Ghad English Oct 4, 2021 0 HSBC Egypt announced on Monday the launch of HSBC Evolve platform, granting corporate clients access to a fully…
Money HSBC to acquire AXA Singapore for $575 million Amwal Al Ghad English Aug 16, 2021 0 HSBC Holdings said on Monday it had agreed to acquire French insurer AXA’s Singapore assets for $575 million, a…