Search Results for: Audi
IMF: Four Things You Need to Know about Saudi Arabia’s Economy (Video)
September 10th, 2015
Saudi Arabia’s oil policy has an important impact on the global oil market. This year, Saudi Arabia has increased its crude oil production to a record level, re-establishing it as the largest crude oil producer. Source: IMF
Saudi stock index up, shuns oil prices
September 10th, 2015
Saudi Arabia’s stock benchmark Tadawul All Share Index jumped 2.3 percent to 7,749 points and most stocks in Riyadh were positive. National Commercial Bank, the kingdom’s top lender, was one of the main supports, jumping 3.2 percent. Another large ...
SEC Charges Three RMBS Traders With Defrauding Investors
September 9th, 2015
The Securities and Exchange Commission today announced fraud charges against three traders accused of repeatedly lying to customers relying on them for honest and accurate pricing information about residential mortgage-backed securities (RMBS). The SEC alleges that Ross Shapiro, Michael ...
Saudi Stock Exchange announces the “go-live” date of its new x-stream inet trading platform: Update
September 8th, 2015
Following the Saudi Stock Exchange’s announcement dated Sunday 6th September, 2015, relating to the “Go-Live” date for the new X-stream INET trading platform on Sunday 13th September 2015, we would like to take this opportunity to remind all of ...
Auditor body says 6 months not enough for 1MDB probe
September 7th, 2015
Institute of Internal Auditors Malaysia president Datuk Shabaruddin Ibrahim says client confidentiality is top-most concern with 1MDB. – The Malaysian Insider pic by Najjua Zulkefli, September 7, 2015. Institute of Internal Auditors Malaysia (IIAM) president Datuk Shabaruddin Ibrahim said ...
Saudi Arabia reassures on oil prices: Strategist
September 7th, 2015
While Saudi King Salman bin Abdul-Aziz Al Saud Salman met with President Barack Obama on Friday to discuss the Iran deal, the country’s finance minister also assured investors in a forum that Saudi Arabia will weather the decline in oil prices, ...
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 ...
Deloitte’s latest survey results: Audit of the Future
September 2nd, 2015
Audits play a fundamental role in the capital market system, and Deloitte’s latest survey of more than 250 financial statement preparers, audit committee members and financial statement users reveals a shared sense that the traditional audit needs to evolve. ...
Update on the implementation of the EU Audit Directive and Regulation
September 1st, 2015
The Department of Business Innovation and Skills has published an update on the implementation of the EU Audit Directive and Regulation: “Following Baroness Neville-Rolfe’s Written Ministerial Statement of 20 July 2015, which named the Financial Reporting Council (FRC) as the ...
Why Saudi Arabia Won’t Cut Oil Production
August 27th, 2015
Nine months after OPEC decided to leave its production target unchanged and pursue market share instead of trying to prop up prices, the group is facing a set of complex problems and decisions going forward. At first blush, the ...
