Search Results for: Africa
The Legal Market in Mexico: The Quandary of the Top Domestic Players
May 27th, 2015
These are exciting times in Mexico. There are seismic legal and economic changes underway as a result of President Enrique Peña Nieto’s “Pact for Mexico.” Top local law firms in Mexico City are focused on the most-effective ways to ...
Emirates Global Aluminium to spend $5bn boosting capacity
May 26th, 2015
State-owned Emirates Global Aluminium (EGA) is spending US$5.2 billion to boost capacity at its smelter in Dubai and build an alumina refinery in Abu Dhabi, a company executive said yesterday. EGA, the world’s fifth-largest aluminium producer, was formed last ...
BRICS to establish new multi-currency financial order
May 25th, 2015
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
Top news of the day, May 22
May 22nd, 2015
1.The dollar edged lower versus a basket of majorcurrencies on Friday in the wake of unimpressive U.S. economic data, with investors awaiting speeches by major central bankers. The dollar index slipped 0.2 percent to 95.117, having backed off from ...
World Economic Forum: Jordan in $12bn investment drive
May 22nd, 2015
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle East and North Africa. King Abdullah will formally open the ...
Corporate Counsel Middle East Awards: Winners 2015
May 18th, 2015
Corporate Counsel Middle East Awards have firmly established themselves as a highlight of the region’s legal calendar. The awards, which are now in their fourth year, celebrate legal excellence in the Middle East and are open to in-house legal ...
Citigroup Closes Exclusive Credit Program Following Swiss Franc Losses
May 14th, 2015
‘Alternative Credit Program’ clients were fast-tracked through less intensive version of bank’s normal credit checks Citigroup Inc. has closed down a little-known program that allowed a small group of coveted clients to make high-stakes bets on currency markets without going through ...
Hotspot cuts trading fees with “Hot List” pricing for more than 30 currency pairs
May 14th, 2015
Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced plans to eliminate liquidity removal fees for customers in more than 30 select currency pairs, beginning 1st June 2015. The “Hot ...
Financing IMF Transactions Quarterly Report
May 13th, 2015
IMF credit is extended to its members in both foreign exchange and SDRs. Credit extended in foreign exchange is financed from the quota resources made available to the IMF by members, and essentially involves a transfer of foreign exchange ...
Guernsey Named Best International Finance Center
May 8th, 2015
Guernsey has been named Best International Finance Center at the WealthBriefing European Awards 2015. The announcement was made last week during a ceremony at the Guildhall in the City of London. It was the third annual European awards ceremony ...