HSBC named ‘Best International Bank in the Middle East’

Noble Horvath

(MENAFN – The Peninsula) The Peninsula

Doha: HSBC has scooped multiple honours in Asiamoney’s annual awards for banks with the best capabilities to connect customers in Asia and the Middle East, including the marquee title of Best International Bank in the Middle East.

HSBC was named the Best International Bank in the Middle East and the Best Transaction Bank in the Middle East at the Asiamoney Middle East Best Bank Awards 2020.

Concurrently, HSBC was named the Best International Bank in the Region for BRI (Middle East & Africa) and the Best Bank for BRI-related Financing in the Region (Middle East & Africa) at the Asiamoney New Silk Road Finance Awards 2020.

Martin Tricaud, CEO for HSBC in the Middle East, North Africa and Turkey (MENAT), said: ‘To be named the Best International Bank and the Best Transaction Bank in the Middle East is fantastic news for our customers and

Read More

Middle East’s first sovereign green bond sees strong demand

Noble Horvath

Egypt pulled in orders for nearly five times the $750 million size of the Middle East and North Africa’s first sovereign green bond, as it pushes ahead with antipollution and renewable energy projects.

The Arab world’s most populous nation sold the 5-year notes at a yield of 5.25%, well inside an opening target of about 5.75%, after amassing more than $3.7 billion of investor orders. The sale “put Egypt on the map of sustainable financing,” the Finance Ministry said.

Among those attracted were a “new investor base from Europe, the U.S., East Asia and the Middle East, as well as asset managers, pension, investment and insurance funds,” the ministry said in a statement. Such “high-quality,” long-term investors “will reduce price volatility.”

The bond forms part of Egypt’s strategy to lock in new financing sources and broaden the country’s investor base, steps that could in turn help lower its borrowing costs.

Read More

Middle East and Africa Cyber Security Market Report Examines Latest Trends and Key Drivers Supporting Growth through

Noble Horvath

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (AmericaNewsHour) —
Global Middle East and Africa Cyber Security Market to reach USD 66.5 billion by 2025.Global Middle East and Africa Cyber Security Market valued approximately USD 18.02 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.62% over the forecast period 2018-2025. Rapidly Increasing digitalization with the introduction of digital technologies for assembly, storage, analysis, and sharing of data have created need for security of this digital data, and is the major factor driving the growth of Middle East and African cyber security market. Hacking, cracking and other forms of cyber-mischief have made personal, commercial, financial and other digital data more vulnerable aiding to the requirement of cyber security and growth of the market. Increasing cyberattacks have forced administrations to improve their security measures, and to adopt … Read More

Credit Suisse Cutting Jobs in Middle East in Wealth Management Overhaul

Noble Horvath

(Bloomberg) — Credit Suisse Group AG is laying off about 20 people in the Middle East as it restructures wealth management activities in the region, according to people familiar with the matter.



a living room: Credit Suisse Group AG Ahead Of First Virus-Era Results


© Bloomberg
Credit Suisse Group AG Ahead Of First Virus-Era Results

The job cuts — focused on Dubai — follow the decision to incorporate the business that deals with non-resident Indian and Africa clients under Middle East head Bruno Daher, the people said, asking not to be identified because the plans are private. Raj Sehgal, former head of that unit, is now the chairman of NRI and Africa.

Loading...

Load Error

“We are committed to the non-resident Indian segment, and in order to further accelerate growth, we are bringing the operations in the broader Middle East and Africa region under one single leadership,” a bank spokeswoman said in an emailed statement. She declined to comment on the job cuts.

Read More

LG Commits to Expansion Strategy in Middle East and Africa As Most Trusted HVAC Partner

Noble Horvath

“Most people may think of LG as a washing machine and refrigerator brand but we provide solutions in many sectors that consumers don’t see,” remarked Dr. Lee Kam-gyu, head of LG’s Air Solution business unit. “LG is constantly investing in capabilities to raise the trust of our customers and we will reinforce this commitment through better integrated solutions, expert insights and more dedicated support to become a trusted partner for HVAC in the region.”

Since the pandemic outbreak and the increasing time spent indoors, concerns over indoor air quality have grown. Needs for high quality HVAC and air management solutions have increased due to the pandemic with LG’s products – which not only meet but surpass guidelines for clean air in the region – seeing unexpected demand.

To further raise the value for MEA customers and enhance the level of trust in the brand, LG is focusing on its

Read More

Europe, Middle East and Africa (EMEA) Polyurethane Chemicals and Products Report 2020 with Focus on Rigid Foam – ResearchAndMarkets.com

Noble Horvath

Europe, Middle East and Africa (EMEA) Polyurethane Chemicals and Products Report 2020 with Focus on Rigid Foam – ResearchAndMarkets.com

The “Polyurethane Chemicals and Products in Europe, Middle East and Africa (EMEA) 13th Edition 2020 – Volume 3 Rigid Foam” report has been added to ResearchAndMarkets.com’s offering.

Introducing the updated in-depth market report on Polyurethane Chemicals and Products in Europe, Middle East and Africa.

Geographical coverage of the report is as follows:

Western Europe (12 countries/regions)

Austria, Benelux, France, Germany, Greece, Ireland, Italy, Nordic Region, Portugal, Spain, Switzerland, United Kingdom

Eastern Europe (9 countries/regions)

Czech Republic, CIS, Hungary, Other (Baltic States, Romania, Bulgaria), Poland, Russian Federation, Slovak Republic, Slovenia, Turkey

Middle East and Africa (9 countries/regions)

Iran, Levant, North Africa, Other GCC, Other MEA, Saudi Arabia, South Africa, UAE, West Africa

Volume 3 focuses on the Rigid Foam sector and covers:

  • Rigid-Faced Sandwich Panels (Continuous & Discontinuous)
  • Flexible-Faced Panels
  • Slabstock, Sprayed
Read More

HSBC named ‘Best International Bank in the Middle East’

Noble Horvath

September 30 2020 01:04 AM

Martin Tricaud

HSBC has won multiple honours in Asiamoney’s annual awards for banks with the best capabilities to connect customers in Asia and the Middle East, including the marquee title of Best International Bank in the Middle East.
HSBC was named the Best International Bank in the Middle East and the Best Transaction Bank in the Middle East at the Asiamoney Middle East Best Bank Awards 2020.
Concurrently, HSBC was named the Best International Bank in the Region for BRI (Middle East & Africa) and the Best Bank for BRI-related Financing in the Region (Middle East & Africa) at the Asiamoney New Silk Road Finance Awards 2020.
Martin Tricaud, CEO for HSBC in the Middle East, North Africa and Turkey (Menat), said: “To be named the Best International Bank and the Best Transaction Bank in the Middle East is fantastic news for our customers and staff. HSBC

Read More

Middle East and North Africa Digital Payments Market Latest Advancements, Trends and Huge Business Opportunities 2020 to 2025

Noble Horvath

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Market Insight Reports) —
The Middle East and North Africa Digital Payments Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

The Middle East & North Africa Digital Payments Market is expected to CAGR of 6.5% over the forecast period 2020 –

Read More

Pfizer Hosts 13th Africa and Middle East Oncology Summit To Discuss and Highlight Critical Topics and Advances in Oncology

Noble Horvath

Pfizer Inc. announced the successful completion of its 13th Africa and Middle East (AfME) Oncology Summit. The summit that brought together over 250 health care professionals from across the region focused on critical topics and insightful discussions at the forefront of breast cancer, genitourinary cancer (GU), and non-small-cell lung cancer (NSCLC).

These cancers account for over 40% prevalence amongst all types of cancers in specific geographies in the region today. The summit explored the optimal management of patients with these cancers in clinical practice.

Yasser El Dershaby, Vice President and Pfizer Medical Affairs Lead, Africa, and the Middle East said: “I am proud that despite the many challenges faced due to the ongoing global pandemic, we have come together for our 13th session. By embracing digital technology, interactive webinars have covered interesting insights, advances, and discussions on the future of oncology that will ultimately create better treatment options and improve

Read More

French Open 2020: Where to watch in India, Middle East, North Africa and South Africa?

Noble Horvath

As the French Open 2020 got underway on Sunday, millions of fans across the world will be looking to watch the ‘King of Clay’, Rafael Nadal on the road to making history with a 13th title at the tournament, or perhaps watch World No.1 Novak Djokovic win his second French Open title and complete a second ‘Career Slam’. Also in line for a record at the French Open 2020 is this year’s US Open 2020 winner, Dominic Thiem. A win in Paris this year will mean a second straight Grand Slam win for the Austrian, and his first French Open title. Here are the French Open live streaming details for India, the Middle East and South Africa. 

Also Read | Fernando Verdasco Out Of French Open For Positive COVID Test

Also Read | Wawrinka Routs Murray In Slam Champ Matchup At French Open 2020

French Open live streaming details 

The

Read More