The private equity arm of Goldman Sachs Group Inc (GS.N) has teamed up with Mexican consulting firm Ainda to jointly invest in energy and infrastructure projects in Mexico, a ... Read More
Cartel forecasts non-OPEC output to decline this year Oil prices remained below $30 a barrel Monday but the Organization of the Petroleum Exporting Countries flagged the potential for a recovery, saying ... Read More
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, ... Read More
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese ... Read More
As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of ... Read More
20-storey tower to be built in Dubai’s Emaar square by 2017 Construction to start in few days, HSBC to move staff in 2018 HSBC Holdings Plc will start building ... Read More
Pound, stocks decline as risks to U.K. economy stack up Turmoil is hurting outlook for Bank of England rate increase Wherever you look, Britain’s financial markets are creaking. The ... Read More
It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks ... Read More
Declining gold prices boosts jewelry sales Low gold prices have boosted sales in Saudi markets despite recent global fluctuations in its value. Riyadh and Makkah registered the highest levels ... Read More
Ernesto Preatoni, an Italian real estate developer and investment guru with projects stretching from the Middle East to Eastern Europe, says that there’s no time like the present to ... Read More
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