Search Results for: Abu Dhabi Global Market
OPEC Brings Oil Price War Home in Pursuit of Asia’s Cash
October 20th, 2015
Members discounting their crude to lure Asian buyers Kuwait’s official selling price diverges from Saudi Arabia When it comes to deciding how much to charge Asian oil buyers, OPEC members are showing little regard for tradition. Suppliers from the Organization ...
UAE energy minister says urgent need to cut subsidies in the region as oil prices decline
October 5th, 2015
There is an urgent need to cut regional energy subsidies as government budgets are squeezed by slumping oil prices, the UAE Minister for Energy said on Sunday. Opening an annual industry conference at Abu Dhabi National Exhibition Centre, Suhail ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...
Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound
August 31st, 2015
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the Middle East after oil prices had the biggest-weekly jump in ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
UAE investors’ top three goals
July 27th, 2015
UAE investors’ top three goals are buying a new home (25%), starting or investing in a new business venture (21%) and retirement (13%), according to Franklin Templeton Global Investor Sentiment Survey. Hafeez Abdullah, Chairman of ‘The H Holding Enterprise’, ...
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 ...
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 ...
NBAD eyes up debt deals with export credit agencies as part of international expansion plan
May 4th, 2015
National Bank of Abu Dhabi (NBAD), the country’s biggest lender by assets, is keen to arrange debt for export credit agencies (ECAs) as part of plans to expand its loans portfolio. “I see an increasing role for export credit ...
Marco Baggioli Swaps BNP for ADS
April 29th, 2015
Marco Baggioli, Global Head of FX Prime Brokerage at BNP Paribas, is joining ADS Securities London Limited to take up the role of Chief Operating Officer. He will start work after the 1st July 2015 reporting to ADS London’s Managing Director, James ...
