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Standard Chartered Bank

Standard Chartered Bank latest

$420 Billion Erased from China's Stock Market Due to Virus Concerns
February 3rd, 2020 - 09:11 GMT

$420 Billion Erased from China's Stock Market Due to Virus Concerns

Investors erased $420 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year. The market slide came even as the central bank poured cash in to the financial system - a show of support for the economy -and despite apparent regulatory ...
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Al Bawaba
February 24th, 2015 - 07:56 GMT

Time to face the fundemantals: GCC economies need fiscal reform to handle oil price volatility

Banks all over the world are being excessively cautious as regulators have been imposing huge fines that hit their bottom line.
October 29th, 2014 - 04:55 GMT

Excessive caution? Why 'perfectly legitimate' SME's are struggling to find financing in the UAE

Al Bawaba
October 21st, 2014 - 10:16 GMT

US-driven quest against money laundering: Standard Chartered to close thousands of UAE accounts

According to a joint plan of action agreed in November in Geneva, world powers would “establish a financial channel to facilitate humanitarian trade for Iran’s domestic needs using Iranian oil revenues held abroad”.
March 16th, 2014 - 03:55 GMT

Not so open for business after all? Western Banks giving Iran the cold shoulder

The research team at Lebanon's Byblos Bank reported that many foreign-owned banks feel they can no longer compete with local lenders in the country (Courtesy of the Daily Star)
January 16th, 2014 - 10:10 GMT

Is Lebanon's banking sector shrinking?

Kuwait’s Parliament in February formed a special panel to probe allegations of irregularities in awarding the contract and another project to build a causeway.
December 16th, 2013 - 10:56 GMT

Coming clean after a parliamentarian probing? Consortium for Kuwait's historic desalination facility revealed

NBK is the only Kuwaiti and the only Arab bank to take part in this consortium.
December 16th, 2013 - 03:55 GMT

After a long, long delay, NBK to finance Kuwait's first public private partnership ever!

The International Energy Agency says Iraq’s oil production will fall below three million barrels per day for the first time in six months. Indeed, it could fall by half a million barrels due to long overdue infrastructure work at its southern terminals.
November 17th, 2013 - 09:42 GMT

Are Iraq's oil ambitions going down the drain?

The centre will aim to “enhance legal procedures that facilitate the settlement of rental disputes”, reported official news agency WAM.
September 22nd, 2013 - 06:50 GMT

Dubai to cure its rental woes with new center

Engaging multicultural workforce is one of the biggest challenges for organizations in the Middle East, however HR experts agree that with the right cultural inclusion programs, businesses with a diverse workforce in the region can prosper (Photocredite:Shutterstock)
September 5th, 2013 - 11:50 GMT

Why the Middle East needs more workplace diversity

Bahrain's economy 'to grow 4.5 per cent this year'
April 23rd, 2013 - 09:17 GMT

Despite protests, Bahrain's economy 'to grow 4.5 per cent this year'

Banks need to fuse commercial, social market presence
April 2nd, 2013 - 09:43 GMT

Jordan's banks need to prove their worth

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