Search Results for: Middle East
Brent oil pushes above $50 for first time in nearly seven months
May 26th, 2016
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week. Brent LCOc1 had climbed 38 cents to ...
UAE’s First Bitcoin Startup Shuts Down
May 25th, 2016
Bitcoin payments firm YellowPay, by some accounts the first industry startup in the Middle East, has shut down for undisclosed reasons according to members of its founding team. Forming in 2014, YellowPay had sought to promote bitcoin as an e-commerce solution in ...
invest.com launches “hedge fund for the people”
May 23rd, 2016
invest.com is the first online investment company in the UK to specialise in alternative investments; It has received $20m investment from a number of global investors including tech VC fund, Singulariteam; invest.com domain name ranks as one of the ...
Oil prices rise as turmoil in Nigeria adds to global supply disruptions
May 20th, 2016
Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and ...
Global Law firm to move 170 operational roles to global service centre in the Philippines
May 19th, 2016
Global firm Norton Rose Fulbright is relocating 170 operation roles to a global service centre in the Philippines — including a number from the UK, the Gazette understands. It is the latest international firm to announce a relocation of ...
UAE cities ranks high among world’s fastest growing retail markets
May 16th, 2016
CBRE: Abu Dhabi and Dubai ranks high in retail development Abu Dhabi and Dubai, UAE, have together ranked among the top 17 of the most active cities for shopping centre development, according to CBRE’s latest Global Shopping Centre Development ...
Tullett Prebon today announces the preliminary results of IGBB for the year ended 31 March 2016
May 16th, 2016
Further to the announcement released on 11 November 2015 regarding the proposed acquisition by Tullett Prebon of the global hybrid voice broking and information business of ICAP plc (“ICAP”) including ICAP’s associated technology and broking platforms (including iSwap and ...
Iran, Saudi in oil price war
May 12th, 2016
It’s war, then. Iran on Wednesday blamed its biggest rival Saudi Arabia for the “collapse” of the recent Doha talks on capping oil output but the Kingdom appeared to shrug off the allegation and instead said it would boost production in 2016. ...
PAYFORT State of Payments 2016 report to reveal new insights into Arab world’s buying habits
May 12th, 2016
Report examines e-payment and e-commerce markets; adds extensive consumer survey to reveal region’s shopping behavior PAYFORT, the leading online payment service provider in the Arab world, will soon publish its third “State of Payments in the Arab World” report, ...
NOVONOUS estimates that Global Mobile Payments market will grow at a CAGR of 36.26% by 2020
May 12th, 2016
NOVONOUS estimates that Global Mobile Payments market will grow at a CAGR of 36.26% by 2020. This growth is mainly due to increasing penetration of Mobile Payments in various sectors, increase in analytics services and availability of affordable Mobile ...
