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News Analysis

iran

What Saudi Arabia’s decision to replace its once-influential oil minister really means

09/05/2016(0)
Saudi Arabia’s decision to replace its once-influential oil minister is being viewed widely as the latest effort of Deputy Crown Prince Mohammed bin Salman to consolidate power and pursue what one ... Read More
greece

Greece adopted a controversial package of pension cuts and tax hikes

09/05/2016(0)
Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next ... Read More
natural gas pipes

Greek – Italian joint venture wins construction contract for TAP gas pipeline

05/05/2016(0)
A joint venture between Italy’s Renco and Greece’s Terna has won the engineering, procurement and construction (EPC) contract for two compressor stations and a metering station for the Trans ... Read More
Europe

New rules from the EU Commission would require nations to pay €250,000 for each asylum seeker they refuse

05/05/2016(0)
EU Proposes Fines for Member Countries That Refuse to Take in Migrants New proposed asylum rules aim to ease burden of countries on front line of Europe’s migrant crisis ... Read More
iran-oil-rig

South Korea offers 25 billion USD investment package to Iran

05/05/2016(0)
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development ... Read More
Bahrain tourism

Kingdom of Bahrain Unveils New Tourism Identity

05/05/2016(0)
– ‘Ours. Yours’ launched at the Arabian Travel Market – Six representative offices will be launched in the GCC The Kingdom of Bahrain launched today its new tourism identity ... Read More
500-euro

Why Europe Just Dropped the €500 Bill

05/05/2016(0)
High-denomination currencies are falling out of favor. The European Central Bank announced on Wednesday it will phase out €500 notes. Depending on who you ask, the controversial move will ... Read More
saudi_blueprint

Saudi Arabia looks to bring in billions of foreign dollars

05/05/2016(0)
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales of state assets as the ... Read More
nbad

UAE’s largest lender posts 10.7% drop in Q1 net profit

28/04/2016(0)
National Bank of Abu Dhabi, the emirate’s largest lender by assets, on Wednesday posted a 10.7 percent fall in first-quarter net profit as revenues dropped and impairment charges for ... Read More
hilton

Ras Al Khaimah could be UAE’s ‘new St Tropez’

28/04/2016(0)
Ras Al Khaimah could be the next St Tropez, according to Filippo Sona, Colliers International’s head of hotels for the Middle East and North Africa. “Where will you see ... Read More
Broker Cyprus TopFX