Search Results for: Gulf
FxPro Group May Hold London IPO as Soon as Next Year, CEO Says
June 4th, 2015
FxPro Group Ltd. may hold an initial public offering in the U.K. as soon as next year as the online currency broker considers making acquisitions and expanding into new markets. The privately held company, which in 2010 canceled an ...
Egypt signs €8bn power deal with Siemens
June 4th, 2015
Egypt yesterday signed an €8 billion (Dh33bn) contract with Siemens to increase power generation capacity by 50 per cent, which is expected to provide a boost to the economy. The contract, which was signed in Berlin by the Egyptian ...
What will Opec do about the oil supply?
June 3rd, 2015
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this week to decide whether to cut output or keep pumping ...
World Economic Forum: Jordan in $12bn investment drive
May 22nd, 2015
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle East and North Africa. King Abdullah will formally open the ...
Iran’s markets opening up for Australia
May 14th, 2015
Bishop’s Tehran visit a sign of things to come Julie Bishop’s recent visit to Iran – the first by an Australian foreign minister in over a decade – marks an important step in the development of relations between the ...
GCC pushes on towards introduction of regional VAT
May 12th, 2015
GCC officials agreed at the weekend to keep working towards the introduction of a value-added tax (VAT) around the region, in a sign that low oil prices may be strengthening support for the idea. A meeting in Doha of ...
Yuan gains credibility as reserve currency
May 7th, 2015
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High net worth individuals in the Arabian Gulf region should consider ...
IFAC Group: Better Public Sector Financial Reporting, Accountability. Now.
April 28th, 2015
Accountability. Now. Coalition Meets for First Time to Drive Campaign Forward Convened by the International Federation of Accountants® (IFAC®), the Accountability. Now. coalition, comprising civil society organizations, major international bodies, and the accountancy profession, met for the first time to ...
BP first quarter 2015 results
April 28th, 2015
Underlying replacement cost profit 20% down on year earlier, 15% higher than previous quarter Focus on rebalancing BP – resetting capital expenditure, managing cost, delivering divestments BP today reported its results for first quarter of 2015. Underlying replacement cost ...
TechFinancials Inc: Contract Wins and Senior Management appointment within OptionFair
April 27th, 2015
TechFinancials (AIM:TECH), a software developer that supplies simplified trading solutions to online brokers, is pleased to announce its recent contract wins and a senior management appointment within OptionFair. Recent Contract Wins Since its successful admission to AIM (the “Admission”) ...