Search Results for: Arab
Oil prices slip on profit-taking as investors await U.S. stockpile data
September 27th, 2016
Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session. The dollar was also weighing on oil prices after rising against a basket of currencies, suggesting ...
Dollar sways versus yen and euro, U.S. presidential debate awaited
September 26th, 2016
The dollar wobbled against the yen and euro on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency’s near-term direction. The greenback was off lows versus ...
Asia Stocks Fall as Oil Rebounds Before Output Talks; Lira Sinks
September 26th, 2016
Turkey’s lira extends slide after Moody’s cut rating to junk Crude rebounds ahead of OPEC talks aimed at limiting output Asian stocks dropped by the most in two weeks and futures foreshadowed losses in European and U.S. equities as ...
Global real estate company says No growth in Central London house prices until 2019
September 22nd, 2016
House prices in London’s prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
UAE pays highest salaries in the GCC for domestic workers
September 19th, 2016
The average monthly salary of domestic workers in the UAE stands at AED1,592 ($433), making it the highest in the region, according to the HelperChoice Domestic Worker Salary Survey Middle East 2016. Both Saudi Arabia and Qatar provide average monthly ...
Abu Dhabi Tax-Free Zone Offers Bespoke Rules For FinTech Startups
September 12th, 2016
Abu Dhabi Global Market, a tax-free zone in the United Arab Emirates, has released details on its new Regulatory Lab initiative, which is intended to support companies to develop and test new financial technology solutions. The ADGM has released ...
Oil extends gains after big U.S. crude stock draw
September 8th, 2016
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. crude stocks fell 12.1 million barrels last week, data from ...
Oil edges lower amid scepticism about output freeze
September 7th, 2016
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent crude for November delivery was down 4 cents at $47.22 ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
