A common currency in the Gulf Arab region?
October 31st, 2016
Gulf single currency ‘inevitable’, says Oman cenbank chief Hamood Sangour al-Zadjali is quoted as saying that the move is only a matter of time The creation of a single currency in the Gulf Arab region has become inevitable and ...
Middle East economies rise in doing business rankings; UAE and Bahrain among top 10 improvers
October 27th, 2016
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ...
Nasdaq reports a record $585 million Net revenues for Q3 2016
October 27th, 2016
Nasdaq Delivers record Subscription and recurring Revenues1 Net revenues2 were a record $585 million in the third quarter of 2016, up 11% year-over-year. Third quarter 2016 diluted EPS was $0.77. Non-GAAP3 diluted EPS for the third quarter 2016 was ...
Mazars appoints new Head of Financial Services in the UK
October 26th, 2016
International accounting and advisory firm Mazars has announced the appointment of Michael Tripp as the new Head of Financial Services at Mazars in the UK. With Rudi Lang dedicating more time to his role as leader of the firm’s ...
SoftBank to invest billions of USD in global technology sector
October 26th, 2016
SoftBank Group Corp. (“SBG”) announces that it will form a private fund (the “Fund”) for making investments in the technology sector globally, which is tentatively to be named “Softbank Vision Fund.” SBG expects to invest at least USD 25 ...
Crude prices push further below $50 on rising U.S. inventories, OPEC fears
October 26th, 2016
Oil prices were depressed in early Asian trade Wednesday, dragged lower by a sharp growth in the U.S. crude inventories and rising prospects that a production cut deal proposed by the Organization of the Petroleum Exporting Countries could sour ...
Compliance Officer
October 26th, 2016
JOB DESCRIPTION: Ensure that the compliance procedures are followed in order for the Company to comply with CySEC requirements; Control over the rules, contracts, and processes; Detect risks, trends and potential suspicious activities related to money laundering; Maintain documentation ...
Embraer Paying $205 Million to Settle FCPA Charges
October 25th, 2016
The Securities and Exchange Commission today announced a global settlement along with the U.S. Department of Justice and Brazilian authorities that requires aircraft manufacturer Embraer S.A. to pay more than $205 million to resolve alleged violations of the Foreign ...
Oil prices drop as Iraq says doesn’t want to join OPEC cut
October 24th, 2016
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work. Brent crude futures ...
Is this new firm the Big four challenger?
October 24th, 2016
In August there was plenty of noise around the announcement that the former boss of accounting giant Deloitte, John Connolly, was starting a new bean-counting business, Cogital. The question was whether the project, which was innovatively backed by private equity house ...
