Search Results for: Middle East
DIFC reports impressive growth in first half of 2015
September 9th, 2015
Total number of registered companies up 8.3% to 1,327 140 new licensed companies and a combined workforce of 18,521 178,376 sq. ft. of net commercial office space leased in 2015 Ground-breaking of 11th office building in The Gate District ...
G20-Germany urges more Islamic finance integration globally
September 7th, 2015
Islamic finance is increasingly important in the global economy and needs to be better integrated into the international financial system, German Finance Minister Wolfgang Schaeuble told a meeting of the Group of 20 leading economies on Saturday. Islamic finance, ...
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 ...
Oil recovers but still ends near 6-1/2-year lows
August 26th, 2015
U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. crude last week Coming Up: EIA inventory data on Wednesday ...
Arabian Gulf markets lose $58 billion as weak oil and global equity rout spark sell-off
August 24th, 2015
Billions of dirhams were wiped off the value of Dubai shares yesterday, as stock markets across the Arabian Gulf lost US$58 billion on a day of calamitous trading. The sharp sell-offs came in the wake of sliding oil prices ...
The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran
August 12th, 2015
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June and July, sharply exceeding the 0.4 million b/d build during ...
Oman boosts oil production to record high in June
August 3rd, 2015
Oman has ramped up its oil production to a record high in June, adding to a global supply glut that has hit oil prices, as the Gulf Arab country compensates for the drop in its oil revenue. June production ...
Asian stocks near 2015 lows on China worry, dollar steadies
August 3rd, 2015
An index of Asian shares outside Japan fell close to this year’s lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of ...
Russia and its oil are likely to be losers in Iran deal
July 17th, 2015
In its negotiations with the United States on any number of geopolitical issues, Russia has become accustomed to playing its “Iran card.” But after the West’s historic nuclear agreement with Iran, some experts are suggesting Russia will have less ...
UAE now one of top 10 markets in the world for retailers
July 16th, 2015
The UAE has been named as one of the top 10 markets for retailers in the world The Retail Operations Index by the construction consultancy Arcadis found that the UAE was the eighth-most popular global location among international retailers ...
