What will help the UAE economy adjust to lower oil price
February 16th, 2017
The International Monetary Fund has issued a press release to make publish a Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to UAE. It is key to develop a medium-term strategy to generate government ...
Credit Suisse Group announces 4Q16 and FY16 results
February 14th, 2017
Credit Suisse announces fourth-quarter and full-year 2016 results with strong asset inflows and increased margins, highlighting the strength, diversification and scale of the Wealth Management platform. Rightsizing of GM is substantially completed with good momentum in 4Q16 and strong ...
FXCM informs about the impact of U.S. exit
February 13th, 2017
Following the news from last week about the FXCM penalty imposed by CFTC, the withdrawal of its business from U.S. and selling its clients to Gain Capital, FXCM has issued an update report to inform about the impact of ...
Leading law firms pull away from Qatar
February 10th, 2017
Leading law firms pull away from Qatar Two of the world’s largest law firms are set to shut up shop in Qatar. Clifford Chance and Herbert Smith Freehills are both closing their offices in the region in the coming ...
Oil prices stable on strong Chinese imports, OPEC-led production cuts
February 10th, 2017
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.68 ...
Plus500 reports Preliminary Results for the Year 2016
February 7th, 2017
International online trading platform provider, Plus500, reports record preliminary unaudited results for the year ended 31 December 2016. Financial Highlights: · Record year with strong revenue growth due to increase in New Customers3 and Active Customers4 · Net profit ...
CUSTOMER SUPPORT OFFICERS
February 3rd, 2017
New Customer Support Officers: ITALIAN, FRENCH, RUSSIAN, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest ...
Visa reports net income of $2.1 billion for Q1 2017
February 3rd, 2017
GAAP net income of $2.1 billion or $0.86 per share, an increase of 7% and 7%, respectively Adjusted net income and earnings per share growth of 23% and 23%, respectively Net operating revenue of $4.5 billion, an increase of ...
Iran prepares to stop using the dollar as anger builds over Trump ban
February 1st, 2017
Iran says it is preparing to stop using the dollar in its official statements – a move that had been in the offing but appears to have been expedited after Washington included the country in a list of seven ...
Mastercard reports Fourth-quarter net income of $933 million
February 1st, 2017
Fourth-quarter net income of $933 million, including a special item, or $0.86 per diluted share Fourth-quarter net income of $940 million, excluding a special item,1 or $0.86 per diluted share Fourth-quarter net revenue increase of 9%, to $2.8 billion ...
