Search Results for: Qatar
PAYFORT integrates SADAD Account via FORT to further open up the world of ecommerce for Saudi consumers
April 4th, 2016
Next generation payment gateway, ‘FORT’, now allows merchants to offer even more online payment options in Saudi Arabia PAYFORT, the Arab world’s leading online payment service provider, and SADAD Payment System (SADAD) today announced the arrival of SADAD Service ...
Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins
April 4th, 2016
Will boost sales if others lift output: Deputy crown prince Russian production expands to set post-Soviet high in March Oil extended declines after Saudi Arabia’s deputy crown prince said the kingdom will freeze output only if Iran follows suit, ...
Asia markets rise; Japanese yen maintains 111 handle versus dollar
April 4th, 2016
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...
Iran Said to Attend Doha Talks Without Joining Oil Freeze
March 30th, 2016
All OPEC members except Libya now scheduled to attend talks Russia will join meeting while Argentina, Brazil declined Iran will attend talks with fellow OPEC members and Russia in Qatar next month without joining their proposal to freeze crude ...
Oil Prices Edge Down Amid Little-Improved Supply Picture
March 29th, 2016
Oil prices edged down Monday, extending last week’s decline, as traders returned from a long holiday weekend to a market with little improvement in supply-and-demand conditions. The benchmark U.S. contract fell 0.2% to $39.39 a barrel on the New ...
OPEC expects upsurge in oil prices with or without Iran
March 23rd, 2016
Crude prices will rise to a “moderate level” even if Iran joins the Russian-Saudi production freeze at a later date, predicts the Organization of the Petroleum Exporting Countries (OPEC). The world’s leading oil producers, including non-OPEC members, are meeting ...
HSBC: These are the 12 questions clients are asking about commodities
March 21st, 2016
Commodities have had a rough ride for past 12 months, hit by falling demand from China as its economy slows. The plunge in prices has hit miners and traders, such as Glencore, as well as entire economies, like Venezuela, ...
Non-Opec member Oman yet to be invited to Doha meeting
March 21st, 2016
Oman has said it’s yet to receive an invite to a historic meeting of oil producers, where they’re expected to discuss freezing output to support prices. This is despite Oman being the largest non-opec oil producer in the Middle ...
Saudi Arabia Said to Join Mid-April Oil Producer Meeting in Doha
March 17th, 2016
Crude prices have risen more than 30% since freeze proposed Qatar meeting would seek more commitments to cap production Saudi Arabia will join a meeting of producers from within and outside OPEC in Doha next month, adding weight to ...
Asia markets mostly up on Fed, Nikkei falls on stronger yen
March 17th, 2016
Most Asian markets advanced Thursday as investors cheered new clarity from the Federal Reserve and a rise in oil prices, but Japan shares lost ground as the yen strengthened. The Fed left rates unchanged at between 0.25 percent and 0.5 percent ...
