Search Results for: Middle East
Chinese shares fall another 8% despite more measures
July 8th, 2015
Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening. The slump came despite more moves by China’s regulators to try and stabilise the recently volatile market. The Shanghai Composite had recovered some losses by ...
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 ...
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 ...
UAE tops regional countries on inclusive growth
June 25th, 2015
The UAE has topped countries in the Middle East and Africa (MEA) region for inclusive growth, with a score of 57.58, according to MasterCard’s 2015 Middle East and Africa Inclusive Growth report. Factors including the UAE’s diversification of its ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
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 ...
India seeks to use its oil thirst to drive bargains
June 16th, 2015
Oil Minister Dharmendra Pradhan speaks during an interview with Reuters in New Delhi, India India is trying to use its position as one of the world’s biggest energy consumers to strike better bargains for its companies with oil exporting ...
European solidarity: The future of Europe and the euro depends on political leaders
June 15th, 2015
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany ...
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 ...
Top companies in the Arab World 2015
June 15th, 2015
The UAE features heavily in the Forbes Middle East study into the top-performing companies in the Arab World. Find out which firms made the top 10 1st: Sabic. The list was based on disclosed financial statements for 2014, collated ...
