HSBC is to close a number of accounts held by UAE small and medium-sized enterprises (SMEs), sparking fierce customer anger over the imminent halt in services. Businesses subject to account ...

The number of wealth and asset managers operating in Dubai International Financial Centre (DIFC) rose by 16 percent year-on-year to 410 in 2024, including 75 hedge fund managers -- 48 of whom ...

HSBC announced that it has launched its second UAE SME Fund, which represents a further commitment of $100m to small and medium sized enterprises in the UAE.

Banking giant HSBC has launched a new sustainable finance product designed to drive sustainability improvements for mid-sized corporates in the UAE, Egypt, Qatar and Bahrain. On Monday, the bank ...

HSBC has issued the first green mortgages in the UAE, heralding a significant moment for the country’s housing market, future homeowners, and sustainable finance. The three loans were approved for ...

Dubai: HSBC plans to open a number of digital branches in the UAE to reach out to its fast-growing tech-savvy customers, according to Marwan Hadi, HSBC’s UAE head of Retail Banking and Wealth ...

HSBC is expanding its existing private banking business in the UAE to cater to a growing high net worth investor base. The new private bank will cater to the needs of internationally-minded ...

An investigation has unearthed links between HSBC and the UAE in closing bank accounts of British Muslim individuals and organisations ...

Bank to close accounts of some companies in the UAE to streamline its operations Dubai: HSBC, the largest bank by market capitalisation in Europe, on Sunday confirmed it is currently reviewing the ...

Banking giant HSBC has officially opened its new $250 million headquarters in Downtown Dubai to house 3,000 employees. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, chairman of the Mohammed Bin ...

HSBC Middle East has cut more than 150 jobs from its UAE banking operations, as Europe s biggest lender strives to save costs amid declining profitability. Job cuts, affected mid-November, were mainly ...

HSBC, the oldest bank in the country having opened in 1946, has 3,000 staff in the UAE, but like most foreign-owned banks has its number of branches capped at eight.