Search Results for: Arab markets
The 10 Richest Investors in the World
October 19th, 2015
We all know the world of financial investing can be extremely lucrative. Forbes’ 2015 annual World Billionaires List sheds light on some of the richest billionaire investors and how they amassed their enormous wealth. Below is a rundown of ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
Crude oil treads water as oversupply, China economy concerns persist
October 14th, 2015
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous session on an International Energy Agency report that said the market would remain oversupplied for at least another year. Front-month Brent ...
What OPEC’s New Romance with Russia Means for Oil Prices
October 12th, 2015
For years, the Organization of Petroleum Exporting Countries (OPEC) has courted Russia, though without much success. It’s easy to see why the attraction is there; the world’s largest country has huge oil reserves and the geopolitical clout to ...
China and the dollar
October 9th, 2015
With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy. China executed a financial move that appeared to undermine its own position but instead created trouble for the US; ...
Asian shares firm on resurgent oil, Nikkei falls on BOJ
October 7th, 2015
Asian stocks hit a seven-week high on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Tokyo shares fell after the Bank of Japan stood pat on policy. MSCI’s broadest ...
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 ...
Oil up as Russia ready to talk with producers, US rig count drops
October 5th, 2015
Crude oil futures edged up on Monday after Russia said it was ready to meet other producers to discuss the situation in the global oil market, where prices have more than halved from last year’s highs due to a ...
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
Gold dips as Yellen says Fed on track to hike rates this year
September 25th, 2015
Gold dropped from its highest in a month on Friday as the dollar rallied on an assurance from Federal Reserve chair Janet Yellen that the U.S. central bank would begin raising rates this year. Spot gold had fallen 0.7 ...
