Search Results for: Gulf
Ras Al Khaimah could be UAE’s ‘new St Tropez’
April 28th, 2016
Ras Al Khaimah could be the next St Tropez, according to Filippo Sona, Colliers International’s head of hotels for the Middle East and North Africa. “Where will you see the best growth coming up five years?” said Sona, after ...
New managing partner for UHY Hacker Young
April 18th, 2016
LAURENCE SACKER has been named as the new heir apparent at UHY Hacker Young, Accountancy Age can reveal. Currently corporate finance partner at the firm, Sacker will formally take over from Ladislav Hornan’s successful 21-year reign on 1 May 2016. Sacker boasts particular expertise in ...
Oil Plunges After Output Talks Fail Amid Saudi Demands Over Iran
April 18th, 2016
No Doha deal as Saudi insists all OPEC members must join Russia says it was surprised by some nations changing position Oil tumbled by the most in two months after output talks Sunday between the world’s biggest producers ended without any ...
Factors to affect gold prices this week
April 11th, 2016
The precious metal started the week on a higher note with retail prices in Dubai posting a Dh2 per gram increase on Sunday. There have been expectations that the precious metal could post further increases this week due to ...
A head start on the transition to VAT in the GCC
April 6th, 2016
PwC has held a VAT workshop in Qatar, as part of a region wide initiative to update locally based businesses on the latest developments and the implications of VAT introduction in the Gulf Cooperation Council (GCC) States. The potential ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins
April 4th, 2016
Will boost sales if others lift output: Deputy crown prince Russian production expands to set post-Soviet high in March Oil extended declines after Saudi Arabia’s deputy crown prince said the kingdom will freeze output only if Iran follows suit, ...
Saudi Arabia and UAE government bank deposits fall
March 31st, 2016
Government bank deposits continued to fall in Saudi Arabia and the UAE last month, as the low oil price hits the balance sheets of lenders in both countries. In Saudi Arabia, government deposits fell 6.6 per cent in February, ...
Iran Said to Attend Doha Talks Without Joining Oil Freeze
March 30th, 2016
All OPEC members except Libya now scheduled to attend talks Russia will join meeting while Argentina, Brazil declined Iran will attend talks with fellow OPEC members and Russia in Qatar next month without joining their proposal to freeze crude ...
Oil to rebound to around $50 by year end – Saxo Bank
March 28th, 2016
Several factors are helping oil prices gain ground The past two months of oil price volatility have taken its toll on the financial markets, with the main culprits for this dramatic price fall being excess production, concerns about a ...
