HSBC Saudi

Entity type image
Type: Company
Name: HSBC Saudi
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Saudi employment growth plummets amid crackdown on illegal workers

Tuesday, 7 May 2013Employment growth dropped along with business activity in Saudi Arabia's non-oil private sector. (Reuters)Al Arabiya and ReutersGrowth in Saudi Arabia’s employment market saw a sharp decline in April, data from HSBC show, amid an intensifying ... [Published Al Arabiya - Jun 14 2013]
First reported Jun 12 2013 - Updated Jun 12 2013 - 1 reports

SAUDI ARABIA: The General Authority for Civil Aviation picks banks to manage second tranche of Sukuk program

SAUDI ARABIA: The General Authority for Civil Aviation has picked HSBC Saudi Arabia and NCB Capital to manage the second tranche of its government-backed Sukuk program, expected to attract up to US$4 billion similar to last year's issuance, according ... [Published Islamic Finance News - Jun 12 2013]
First reported Jun 09 2013 - Updated Jun 10 2013 - 2 reports

HSBC Saudi Arabia wins award

JEDDAH – HSBC Saudi Arabia Ltd has won the “Best Investment House in Saudi Arabia” award 2013 from Euromoney. The award was presented during the Euromoney Awards for Excellence ceremony held in Dubai. Walid Khoury, CEO of HSBC Saudi ... [Published Saudi Gazette - Economy - Jun 09 2013]
First reported Jun 06 2013 - Updated Jun 06 2013 - 1 reports

Marafiq boosts project plans with $670m debut sukuk

Saudi utility Marafiq has raised SAR2.5 billion ($670 million) through its first-ever sukuk issue, as it looks to fund a major build-out of water and wastewater treatment assets in its portfolio of industrial cities.Marafiq, which will soon cover the ... [Published Global Water Intelligence - Jun 06 2013]
First reported Jun 03 2013 - Updated Jun 04 2013 - 3 reports

Saudi purchasing activity keeps growing

   JEDDAH – Operating conditions in Saudi Arabia’s non-oil producing private sector strengthened during May. The degree of improvement eased, however, and the headline index posted a six-month low of 57.3, down from April’s ... [Published Saudi Gazette - Economy - Jun 04 2013]
First reported Jun 03 2013 - Updated Jun 04 2013 - 2 reports

KSA nonoil private sector staffing levels on...

The Saudi British Bank (SABB) has published the results of the headline SABB HSBC Saudi Arabia Purchasing Managers' Index (PMI) for May 2013 -- a monthly report issued by the bank and HSBC.It reflects the economic performance of Saudi nonoil producing ... [Published Big News Network - Jun 04 2013]
First reported Jun 03 2013 - Updated Jun 03 2013 - 1 reports

HSBC Saudi Arabia PMI falls to 57.3 in May

Seasonally-adjusted HSBC Saudi Arabia PMI for May posted a six-month low of 57.3, down from April’s 58.0, HSBC/Markit data showed.AAStocks Financial NewsWeb Site: www.aastocks.comNews Provided by AASTOCKS.com ... [Published Aastocks.com - Jun 03 2013]
First reported Jun 03 2013 - Updated Jun 03 2013 - 1 reports

Saudi Non-oil Private Sector Growth Continues In May

Saudi Arabia's non-oil private sector economy continued to grow in May, but at a slower pace, survey data from the Markit Economics showed on Monday.The headline SABB HSBC Saudi Arabia Purchasing Managers' Index fell to a six-month low of 57.3 from April's ... [Published RTTNews.com - Jun 03 2013]
First reported Jun 02 2013 - Updated Jun 02 2013 - 2 reports

Marafiq closes sukuk issuance

Thamer Saud Al-Sharhan, Marafiq’s President and CEO; Waleed Khoury, CEO of HSBC, during the signing event.JEDDAH – Power and Water Utility Company for Jubail and Yanbu (Marafiq) has successfully closed recently its debut sukuk issuance in the amount of ... [Published Saudi Gazette - Jun 02 2013]
First reported May 27 2013 - Updated May 27 2013 - 1 reports

HSBC Bank Oman celebrates employees’ accomplishments over the last three decades

Industry Sector: BankingCategory:Description:Comments: In appreciation of their long service and contributions to the bank over the last three decades, HSBC Bank Oman S.A.O.G. recently celebrated the achievements of over 70 employees who have completed ... [Published Arabian Business - May 27 2013]
First reported May 26 2013 - Updated May 26 2013 - 1 reports

HSBC Signs Agreement with Emirates for Innovative e-Letter Service

Rick Crossman and Hussain Shaikh sign the agreementNew feature will allow more efficient processing of applications for retail banking productsDubai, UAE - HSBC Bank Middle East Limited has entered into an agreement to provide over seven thousand employees ... [Published Zawya.com - May 26 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

HSBC Saudi Arabia receives three Zawya MENA Fund Awards

HSBC Saudi Arabia Ltd has won Three Zawya fund Awards at the Thomson Reuters ceremony event held in Dubai  recently.  The award for Best GCC Equity Islamic Fund of 2012 was granted to "HSBC GCC Equity Fund" while "HSBC Multi-Asset ... [Published Saudi Gazette - Economy - May 20 2013]

Quotes

"It's another solid reading that strongly suggests the UAE economy is maintaining momentum well. The softer export reading is a concern, but overall new orders are still strong, employment is rising and output is up" said Simon Williams, chief economist for the Middle East at HSBC
"They are planning to raise the same amount and they could very easily do it" said one of the banking sources
On this occasion, Walid Khoury ,commented, "We are delighted to have again won a top award from Euromoney, which is a reflection of our strong commitment to offer ultimate investment banking services and products to our customers in the Kingdom of Saudi Arabia. We will strive to maintain our market position within the Kingdom through our dedicated team of experts that allowed us to achieve this recognition."
Waleed Khoury, CEO of HSBC, said "we see Marafiq's sukuk issuance as an important step in the continuing development of the sukuk market in Saudi Arabia." — SG

More Content

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Saudi employment growth plummets amid crackdown... [Published Al Arabiya - Jun 14 2013]
SAUDI ARABIA: The General Authority for Civil A... [Published Islamic Finance News - Jun 12 2013]
Saudi Airports Pick Banks For Islamic Bond Launch [Published AIRwise - Jun 11 2013]
Saudi airports agency picks banks for huge riya... [Published Reuters - Jun 11 2013]
HSBC Saudi Arabia wins award [Published Saudi Gazette - Economy - Jun 09 2013]
HSBC Saudi Arabia Ltd receives award of 'Best I... [Published AME Info - Jun 09 2013]
Marafiq boosts project plans with $670m debut s... [Published Global Water Intelligence - Jun 06 2013]
Saudi purchasing activity keeps growing [Published Saudi Gazette - Economy - Jun 04 2013]
KSA nonoil private sector staffing levels on... [Published Big News Network - Jun 04 2013]
Kingdom non-oil private sector continues growth [Published Saudi Gazette - Jun 03 2013]
KSA nonoil private sector staffing levels... [Published Arab News - Jun 03 2013]
Kingdom non-oil private sector continues growth [Published Saudi Gazette - Economy - Jun 03 2013]
HSBC Saudi Arabia PMI falls to 57.3 in May [Published Aastocks.com - Jun 03 2013]
Saudi Non-oil Private Sector Growth Continues I... [Published TradingCharts.com - Jun 03 2013]
Saudi Non-oil Private Sector Growth Continues I... [Published RTTNews.com - Jun 03 2013]
Marafiq closes sukuk issuance [Published Saudi Gazette - Jun 02 2013]
Marafiq closes sukuk issuance [Published Saudi Gazette - Economy - Jun 02 2013]
UK Parliamentary delegation visit HSBC Bank Oman [Published Zawya.com - Jun 02 2013]
HSBC Enhances Investment Services to Meet the G... [Published TickerTech.com - May 28 2013]
HSBC Bank Oman celebrates employees’ accomplish... [Published Arabian Business - May 27 2013]
HSBC Signs Agreement with Emirates for Innovati... [Published Zawya.com - May 26 2013]
HSBC and Zurich Sign 10-Year Exclusive Agreemen... [Published Michigan Live - May 22 2013]
HSBC Saudi Arabia receives three Zawya MENA Fun... [Published Saudi Gazette - Economy - May 20 2013]
HSBC Islamic unit approves dividends [Published Trade Arabia - Apr 14 2013]
Saudi non-oil business activity surges in March [Published Trade Arabia - Apr 03 2013]
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