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News Analysis

Greece's Finance Minister Yannis Stournaras

Stournaras: Bank of Greece had built defense against plans for parallel currency

13/01/2016(0)
The Bank of Greece had taken measures to prevent clandestine plans to introduce a parallel currency to the euro last summer if negotiations with creditors failed, Governor Yannis Stournaras ... Read More
OPEC logo

OPEC president sees emergency meeting in March

12/01/2016(0)
OPEC president Emmanuel Ibe Kachikwu said Tuesday that he expects an extraordinary meeting of the oil cartel in “early March” OPEC president Emmanuel Ibe Kachikwu said Tuesday that he ... Read More
HSBC building

Cypriot police quiz HSBC officials

12/01/2016(0)
A police official says state prosecutors seeking to bring controversial banker Andreas Vgenopoulos to Cyprus to answer criminal charges are now chewing over their next move after questioning several ... Read More
Central-bank-of-Egypt

Egyptian central bank outlines plan to help small firms

11/01/2016(0)
Egypt’s central bank on Sunday issued guidelines on how it will incentivise banks to participate in a “comprehensive programme” to help finance small- and medium-sized enterprises in the latest ... Read More
PWC logo on building

PwC economists reveal predictions for 2016

11/01/2016(0)
G7 to grow at fastest rate since 2010, led by US and UK Geopolitics (rather than economics) will top policymakers’ agendas Commodity prices will remain lower for longer End ... Read More
Saudi-Aramco

In Saudi Aramco IPO, Global Refining Empire May Be the Prize

11/01/2016(1)
Saudi state-owned company mulls `bundle’ of refiners listing Aramco will be world’s top refiner by 2020, overtaking Exxon Investors hoping a Saudi Arabian Oil Co. IPO will provide a ... Read More
iran-oil-rig

China to be Iran’s top partner in 2016

07/01/2016(0)
The expected removal of the nuclear deal opens up new opportunities for Iran. Though the sanctions haven’t lifted yet, many countries and their respective companies have lined up to ... Read More
EU Unempoyment rates

Euro area unemployment rate at 10.5%

07/01/2016(0)
EU28 at 9.1% The euro area (EA19) seasonally-adjusted unemployment rate was 10.5% in November 2015, down from 10.6% in October 2015, and from 11.5% in November 2014. This is the ... Read More
nasdaq

Nasdaq and Tel-Aviv Stock Exchange Sign Landmark Strategic Agreement

07/01/2016(0)
Will Form a New Joint Platform for Private Israeli Growth Companies Tel-Aviv to Expand Business and Boost Trading Technology With Genium INET Nasdaq (Nasdaq:NDAQ) and Tel-Aviv Stock Exchange (TASE) have officially announced a strategic cooperation. The two have agreed to form a jointly-operated venture ... Read More
Limassol-Marina-1

Cyprus is ‘next property investment hotspot’, says agency

07/01/2016(0)
Cyprus is set to join London, New York and Paris as a top international property hotspot, says a leading agency. Chestertons International says there has been growing interest from  investors ... Read More
Broker Cyprus TopFX