Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hiresJulius Baer Group Ltd. hired senior bankers from UBS Group AG and JPMorgan Chase & Co. to strengthen its business serving wealthy Indians i...
Sembcorp-Omani deal fine print: Unique 15 year deferred payment structureSuch are the unique terms of the Rs 11,700-crore ($1.5-billion) deal that was announced on Monday evening by Singapore’s utilities company ...
Qatar Islamic Bank sells $750 million in sukukThe deal comes amid a barrage of bond sales from the Gulf, as issuers seek to shore up their finances that have been dented by cheap oil an...
Oman, in talks for Gulf aid, plans three-part bondWith a growing pile of debt and a sluggish pace of reforms, the small oil producer is seeking to plug its yawning deficit as revenues have ...
Doha Bank sets ball rolling to start subsidiary in IndiaRBI has promised to treat foreign banks opening local subsidiaries equally with local lenders, giving them the freedom to open branches and...
NBFC Aye Finance raises Rs 20 crore in new round of fundingAye has raised Rs 20 crore from existing backers, venture and growth capital investor SAIF Partners and financial inclusion-focused firm Ac...
UAE-based bank FGB seeks RBI nod to open branchLast month, the bank had assisted the Tata Steel group to raise $3.2 billion which was part of its total debt refinancing exercise of $7 bi...
Doha Bank shareholders approve India assets buyHSBC Bank Oman, an affiliate of HSBC Holding, said in April it had agreed to the sale of its Indian business to Doha Bank and the Qatari le...
Doha Bank to acquire India operations of HSBC OmanSeeking to expand Asian operations, Qatar-based Doha Bank will acquire the Indian operations of the HSBC Bank Oman.
Competition Commission clears proposed transfer of HSBC Oman's banking business in India to Doha BankCCI has approved transfer of HSBC Oman's banking business in India to Qatar-based Doha Bank, saying the deal will not adversely impact comp...
Doha Bank to purchase HSBC Bank Oman business in India"The business being acquired consists of its two branches and had gross assets of Rs 3.5 billion as on 31.12.2013," Chairman of Board of Di...
Emaar MGF's owners, Dabur promoters pay tax after names crop up in HSBC listThe taxes were paid after making "voluntary disclosure", said officials in the IT Dept involved in the investigation as well as spokesperso...
India will be Asia's fastest growing exporter and importer in five years: HSBC reportOver the next five years, India will serve as Asia's fastest growing exporter and importer with annualised growth averaging 5% and 7% respe...
- 4 Gulf states sign a monetary pact
Four Gulf Arab nations on Sunday signed an agreement paving the way for a monetary union and pressing ahead with plans for a unified region...
- ADAG enters Saudi financial services sector
Overseas financial services business is the new target of Indian firms. Reliance-ADAG is picking up 26% stake with management control in a ...
- Indo-Gulf Trade: A basket of opportunities
The booming Indian economy has become the apple of the eye for the international trading community.
- Gulf investors pick up 18% in Parekh Aluminex
A slew of institutional investors from the Middle East -Oman Pension Fund, Emirates Industrial Development, Gulfar, Tawoos and four other i...