British bank Barclays said it will raise Ł7.3 billion ($11.8 billion), mostly from investors in Abu Dhabi and Qatar, to bolster its finances amid the global credit crunch. Full Article at TradeArabia

Outlook Barclays is paying a heavy price to save BobDiamond's multimillionpound bonus. Full Article at The Independent

He was unveiled as the financial muscle behind a Ł7.3billion move to shore up the defences of Britains second biggest bank. Full Article at Daily Express

After resisting the urge to join the government bailout of banks, Barclays has secured a rescue package from oil-rich investors from the Middle East – a means of raising capital without jeopardising the multi-million pound bonuses that some of its... Full Article at The Independent

Barclays yesterday faced criticism for allowing Middle Eastern states to take a more than 30% stake in the bank as it sought to avoid taking cash from the British taxpayer to boost its balance sheet.The intricately structured financing - under which the... Full Article at Guardian Unlimited

Cashing in: Arab investors have secured around a third of Barclays after agreeing a £7billion deal Barclays came under fierce attack yesterday over a deal that will give Arab investors around a third of the company. Full Article at Daily Mail - UK

Questions were raised on Friday about the high price Barclays has paid for its decision not to participate in the government banking bail-out. Full Article at Financial Times

When John Varley rejected a state-sponsored bail-out of Britain’s banks earlier this month and vowed to raise more than £6.5bn of private capital, many rivals questioned where the Barclays chief executive was planning to find the investors willing to... Full Article at Financial Times

The deal will mean Barclays is the only major British bank which will not have to take money from the taxpayer, keeping it free of the constraints the Government has said it will impose on dividends, bonuses and lending levels. Full Article at The Telegraph