NO. 24


Financial and Banking News

Regional Banking

Barclays Establishes New Middle East Business Department

Barclays Bank has established a new Middle East Group to bring together allits corporate, sovereign, and financial institution business. Some privatebanking business will also be included. Mr. Elie Khouri will head the Group,which has been formed in the belief that the Middle East is primarily arelationship market. Barclays' Dubai and Egyptian offices will not come...