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While 65 per cent of UAE firms have faced similar cost pressures, with an average rise of seven per cent in operational ...
The S&P Global UAE Purchasing Managers’ Index (PMI) dropped to 53.3 in May 2025, down from 54.0 in April. The PMI stayed ...
Nearly half of the UAE's entrepreneurs do not have succession plans in place to pass their businesses on to the next ...
Arabian Gulf Business Insight on MSN1d
Trump tariffs squeeze UAE businesses as costs mount
UAE businesses are starting to feel the impact of US tariffs, with cost pressures mounting and revenue forecasts dipping, industry studies have found. Around 65 percent of UAE-based companies surveyed ...
Almost half of entrepreneurs based in the UAE have no succession plan in place to secure their business and family wealth for ...
Businesses in the UAE remain highly confident in their international trade prospects, with 94% saying they expect to grow cross-border trade in the n ...
Ant International has recently announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong ...
The bank will close a division that serves over 4,000 clients HSBC will exit a business that serves small and midsize US companies as part of its strategic overhaul to simplify operations and focus on ...
HSBC Holdings plc (NYSE:HSBC) is closing its business banking unit in the United States to simplify its operations and shift ...
HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...
On May 29, JPMorgan Chase & Co. (NYSE:JPM) named Kamal Jabre as its new M&A Vice Chair. Jabre is a former HSBC executive, and ...