Friday 19 December 2014
 
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Barclays Bank

Barclays denies illegal payment for Saudi licence

Barclays did not make any "illegal payment" to win a banking license in Saudi Arabia, the bank said in a statement in response to a newspaper report last week that said US authorities were looking at whether improper payments were made

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Barclays boosts ME wealth management team

Barclays Bank said it has boosted its wealth and investment management capabilities in the Mena region with the appointment of Sandip Aggarwal as its new director for the Gulf market. Sandip will be responsible for providing finan

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Barclays to open Islamic window in DIFC

Barclays Bank has received approval to operate an Islamic Window in the Dubai International Financial Centre (DIFC), enabling it to base its global Islamic products team in the DIFC. It will also facilitate the bank to offer Islamic financ

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AUD partners with Barclays Bank

The American University in Dubai (AUD) and Barclays Bank UAE have signed a MoU to enable exchange of opinion, knowledge and expertise between the two institutions. This enhanced cooperation will result in internships and employment opport

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Dubai varsity inks MoU with Barclay’s Bank

The University of Dubai, an academic institution established by Dubai Chamber of Commerce and Industry, has signed a MOU with Barclays Bank for a student sponsorship program. According to the MoU, Barclays Bank will offer a full-year spons

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BlackRock to buy BGI in $13.5bn deal

BlackRock, a global investment management and advisory company, has snapped up Barclays Global Investors (BGI) for $13.5 billion in a deal creating the world's largest money manager. BGI is an investment management subsidiary of UK-bas

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BlackRock to buy BGI in $13.5bn deal

BlackRock, a global investment management and advisory company, has snapped up Barclays Global Investors (BGI) for $13.5 billion in a deal creating the world's largest money manager. BGI is an investment management subsidiary of UK-bas

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Barclays Bank signs MoU with HCT

Barclays Bank has signed a Memorandum of Understanding (MoU) with the Higher Colleges of Technology (HCT). As per the MoU, Barclays become a founding member of HCT Foundation and adds a chair in banking and finance to the school. The chair

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Qatar wealth fund eyes Barclays stake

Qatar's sovereign wealth fund is considering backing a share issue by British bank Barclays, which could raise more than 4 billion pounds ($7.81 billion) from investors, the Financial Times reported. The Qatar Investment Authority (QIA), w

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$72m deal for Empire Heights

Barclays Bank, Al Ahli Bank of Kuwait (ABK) and GPD Investments signed a $72 million term loan facility for the development of Empire Heights in Business Bay. The Facility Agreement will provide GPD Investments with a term loan of $72 mil

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