Search Results for: Audi
Saudi banks unruffled by Greece-euro crisis
July 6th, 2015
Saudi Arabia‘s banking system remains largely insulated from the ongoing events in the euro zone, with high levels of liquidity and solid capitalization ratios, say top economists in the Kingdom. Their reaction came as early results from the referendum ...
Barclays announces its intention to appoint KPMG as its auditor
July 6th, 2015
Barclays PLC and Barclays Bank PLC (Barclays) announces its intention to appoint KPMG as its auditor for the year ending 31 December 2017. This follows a competitive tender process overseen by an Audit Tender Oversight Sub-committee of the Barclays’ ...
SEC Charges Deloitte & Touche With Violating Auditor Independence Rules
July 2nd, 2015
The Securities and Exchange Commission charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate maintained a business relationship with a trustee serving on the boards and audit committees of three funds it audited. Deloitte ...
What Would A Saudi-Russian Partnership Mean For World Energy?
June 25th, 2015
What happens when two nations, that together account for more than fourth quarter of global oil production, begin collaborating on future energy projects? Russian President Vladimir Putin met Saudi Prince Mohammad in St. Petersburg on June 18 at a ...
Russia Beats Saudi Arabia to Become China’s Top Oil Supplier
June 24th, 2015
Russia surpassed Saudi Arabia to become China‘s top oil supplier in May, news agency Bloomberg reported Tuesday, underlining the Kremlin’s efforts to boost ties with Beijing amid frosty relations with the West over the Ukraine crisis. Russian exports accounted for one-third of all China’s oil imports in May, ...
One in 20 registered audit firms quit the market in last year
June 23rd, 2015
Almost one in 20 firms registered to audit company accounts in the UK have quit the line of work in the past year, the FRC‘s annual assessment of the profession has found. According to statistics from the reporting watchdog, the ...
€2bn Russia-Greece gas deal: The EU should applauding us, Putin says
June 22nd, 2015
A deal to jointly build an extension of the Turkish Stream gas pipeline across Greece will help Athens to settle its multibillion euro debt to international creditors, President Vladimir Putin said at the St. Petersburg International Economic Forum. Talking ...
Saudi, Egypt slip as Ramadan thins trade
June 22nd, 2015
The Saudi Arabian and Egyptian stock markets dipped in early trade on Monday as some investors stepped away from the markets for the Muslim holy month of Ramadan. The Saudi stock index was down 0.03 percent at 9,341 points ...
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 ...
Saudi Arabia slips on lack of foreign inflows; Egypt flat
June 15th, 2015
Saudi Arabia‘s bourse gave up early gains and turned slightly negative on Monday after modest trading volumes indicated there were no significant fund inflows from abroad on the first day that the market opened to direct foreign investment. After ...
