|
|
|
24.10.26 - 08:00
|
HSBC to open new wealth centre in Abu Dhabi despite regional conflict (SCMP)
|
|
|
HSBC, the biggest lender in Hong Kong and Europe, will open a new wealth management centre in Abu Dhabi in December, as the lender has not found the conflicts in the Middle East have dampened demand for its wealth business in the region, according to a senior executive.
Mohamed Al Marzooqi, CEO of HSBC in the United Arab Emirates (UAE), said the new project formed part of the lender's largest investment in the Middle East in two decades, after the opening of a wealth management centre in Dubai......
|
|
|
|
|
|
|
06.10.26 - 14:24
|
S&P 500 Nears Record High; OpenAI in $30B Funding Talks with UAE, BlackRock (Bloomberg)
|
|
|
The S&P 500 is poised to move closer to its first record high since August as bonds rally and lower oil prices help ease worries over inflation. OpenAI is said to be in talks with BlackRock and multiple investment funds from the UAE to help anchor a $30 billion financing round. Henrietta Pacquement of Allspring Global Investment discusses factors driving bonds higher. (Source: Bloomberg)...
|
|
|
05.10.26 - 07:01
|
Investment Firm Eurazeo Opens Abu Dhabi Office (Bloomberg)
|
|
|
European asset management firm Eurazeo has opened its first Middle East office in Abu Dhabi. Mathieu Teisseire, Eurazeo, Head of Investor Relations told Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on why they decided to expand in the region despite the geopolitical tensions. (Source: Bloomberg)...
|
|
|
|
|
04.09.26 - 07:18
|
Slim: Saudi, UAE Investment May Top 2025 Levels (Bloomberg)
|
|
|
Carla Slim, Chief Economist for the Middle East and Pakistan at Standard Chartered Bank, says investment is helping Saudi Arabia and the UAE recover from the economic impact of the U.S.-Iran conflict, with some indicators already back near pre-conflict levels. She says actual investment is rising and planned investment announced for 2026 is already comparable with the full-year 2025 level, while prolonged high energy prices could keep inflation elevated. Slim speaks with Abeer Abu Omar on Horizons Middle East and Africa. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
17.07.26 - 09:06
|
China and UAE cross-border QR payment link to boost the global yuan (SCMP)
|
|
|
In the latest move to bypass Western-dominated financial systems and step up the internationalisation of the yuan, China is linking its retail payment networks with the United Arab Emirates.
Users will soon be able to use domestic mobile apps to scan QR codes and make payments in either country, under a recent agreement between state-owned Bank of China (BOC), UnionPay International, and the UAE central bank's subsidiary Al Etihad Payments.
“The partnership would help expand the scope of......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|