Search Results for: Arab markets
Precise Biometrics signs license agreement with Oberthur Technologies for secure fingerprint recognition in eSE
May 18th, 2016
Precise Biometrics, the leader in fingerprint software, has entered an agreement with Oberthur Technologies (OT), a leading global provider of embedded security software, products, services and solutions, for licensing of Precise BioMatch™ Embedded. The integration of Precise Biometrics’ leading ...
Kuwait calls on Iran to join oil production freeze plan
May 16th, 2016
Kuwait has called on Iran to join an oil production freeze plan after major producers failed to agree on keeping output at current levels. The freeze scheme, spearheaded by Saudi Arabia, has coincided with Iran’s bid to redeem lost ...
Macy’s Crushed By Amazon, Italian Banks Crushed By Euro
May 12th, 2016
This is a tale of changing environments and the organisms that are, as a result, dying off. First, consider the bricks and mortar retailers. Amazon, the dominant online seller of virtually everything, reports a spectacular quarter with soaring sales ...
Iran, Saudi in oil price war
May 12th, 2016
It’s war, then. Iran on Wednesday blamed its biggest rival Saudi Arabia for the “collapse” of the recent Doha talks on capping oil output but the Kingdom appeared to shrug off the allegation and instead said it would boost production in 2016. ...
1-in-5 in person Visa-processed card payments now contactless
May 11th, 2016
Visa Europe has put out another batch of contactless payments metrics, showing that one-in-five in-person card transactions it processes are now tap and pay. The card giant says that it has seen three billion contactless payments in Europe in ...
Asia mostly higher; Nikkei leads with 2% gain
May 10th, 2016
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 percent. In Hong Kong, the Hang Seng index was down 0.05 percent. ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
Thomson Reuters Reports First-Quarter 2016 Results
April 27th, 2016
Thomson Reuters (TSX / NYSE: TRI) today reported results for the first quarter ended March 31, 2016. The company also re-affirmed its 2016 full-year outlook. Reported revenues declined 1%. Before currency, revenues grew 1% Excluding recoveries, revenues increased 2% ...
Oil prices jump on weak dollar, strong investor appetite
April 27th, 2016
Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month’s bull-run could soon run out of steam. International ...
Dubai sees 5% rise in tourists to 4.1 million in Q1
April 25th, 2016
Dubai welcomed 4.1 million overnight visitors in the first three months of 2016, a 5.1 percent increase over the same period last year, official figures showed on Monday. The increase was backed by strong double digit growth from its ...
