The headquarters of HSBC and Standard Chartered banks in Hong Kong. Reuters
Standard Chartered (StanChart) Bank has signed a strategic partnership agreement with UAE Exchange, a leading financial services brand in the United Arab Emirates, that further strengthens the existing relationship between the two companies.
HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence of legal and regulatory expenses borne in the year-ago quarter. Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint
Standard Chartered (StanChart) unveiled programme for an up to $1 billion share buyback, its first such in at least 20 years as quarterly profit rose 10 per cent, signalling progress in its turnaround plan. The bank’s shares rose 4 per cent on Tuesday against a 0.5 per cent decline in the STOXX European banks index, as its long-suffering investors
Al Jawaher Reception & Convention Centre (JRCC) has announced that it has signed an agreement with Marriott International to bring Courtyard by Marriott brand to Sharjah. Expected to open in 2023,
Etisalat Group announced on Tuesday its consolidated financial statements for the 12 months ending December 31, 2019. Aggregate subscriber base reached 149 million, representing Year over Year increase of 6 per cent.
Stock markets fell on Tuesday after Apple said the new coronavirus was hurting revenues, fuelling investors fears over the damage the epidemic is inflicting on corporate bottom lines.
The Abu Dhabi National Oil Company (Adnoc) announced, on Tesday, the award of two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometers northwest of Abu Dhabi city.