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HSBC Private Bank appoints UAE lead + Emirates Biotech taps new COO
The new appointment comes as the UAE continues to develop its biotech
HSBC to sell Egyptian retail portfolio to Emirates NBD
HSBC says it remains committed to corporate and investment banking in Egypt; the two business units account for the lion’s…
Tokenized deposits are the UAE banking system’s answer to stablecoins
More options for corporate treasurers are emerging in the UAE as the country looks to modernize and digitize its financial…
THIS MORNING: UAE eyes acquiring India defense systems + Mubadala weighs up investment in South Korean defense player
Plus: We have more details on the economic support package for firms in Sharjah
Core42 secures USD 550 mn from HSBC to scale AI infrastructure abroad
The G42-owned firm will use the funds to accelerate cloud and compute deployments across the US and Europe
HSBC loses two DCM heads, but it’s not scaling back. Plus: Talabat taps chief international officer
Talabat’s CIO was formerly the firm’s Kuwait managing director
THIS MORNING: UAE bond yields spike amid global bond rout + Abu Dhabi’s L’Imad is now the owner of McLaren stake
Plus: FAB expands to Turkey, and into wearable payments tech
HSBC launches onshore funds
The new onshore funds span multiple asset classes, from US income to shariah multi-asset, risk profiles, and investment themes
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