Search Results for: Dubai
Time for state energy companies in Middle East to rethink overseas strategies
July 6th, 2015
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ventures. The falling oil price creates opportunities for some, problems ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
Greek meltdown has UAE tour operators scrambling for holiday alternatives
July 2nd, 2015
As the Greek debt crisis drags on, scaring away potential visitors, tour operators in the UAE are looking at alternative destinations for the summer. The Mediterranean nation is technically in arrears after having missed its €1.6 billion (Dh6.52bn) payment ...
FCA warning against clone firm
June 26th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people: Clone firm details: AXN Trading Ltd ...
UAE among priority countries for Standard Chartered
June 26th, 2015
Standard Chartered has outlined a plan to spend more money growing its business in emerging-market countries including the UAE, where the fallout from lower commodity prices has not been as crippling as it has been in countries such as ...
Eversheds launches Consulting arm in Asia
June 25th, 2015
Law firm Eversheds has announced the launch of Eversheds Consulting in Asia with the expansion of Eversheds Agile. The firm’s flexible lawyer service Eversheds Agile is set to be rolled out in Hong Kong and Singapore during the summer ...
Market get a boost: Etisalat 40 percent is open to investment by individual UAE citizens
June 25th, 2015
News that restrictions on investment in United Arab Emirates telecommunications operator Etisalat will be loosened may boost Abu Dhabi’s market on Tuesday, while other bourses may have a modestly positive tone. At present, the government’s Emirates Investment Authority (EIA) ...
Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence
June 18th, 2015
Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team to Dubai just six years after opening. Having launched the office in 2008 amid the sharp crash in the Middle East ...
Lower Oil Revenues See Saudi-Arabia Open Up Stock Exchange
June 18th, 2015
Saudi Arabia may be rich enough to weather the current trend of low oil prices, but it’s losing money nonetheless and has found a way that it believes could help make up for the loss: opening its stock market ...
Saxo Bank gets more personal with clients amid trend to go digital
June 15th, 2015
As banks push ahead with digital services and scale back their branch networks, one investment bank says its retail brokerage business is growing in part because of the human touch. Fadi Mehdi, the head of Saxo Bank’s representative office ...
