HSBC (HSBA.L) said on Sunday it is committing $5 billion in lending to "strong" companies in the United Arab Emirates to help drive the Gulf country's growth plans.

A lead arranging group comprising seven local and international banks has been mandated for a $650 million refinancing for Saudi Petrochemical Company (Sadaf). When the transaction is launched to ...

HSBC Holdings <HSBA.L> has laid off about 40 bankers in the United Arab Emirates (UAE) and Emirates NBD is cutting around 100 jobs, as banks in the Arab world's second-biggest economy reduce costs ...