Search Results for: Middle East
Thomson Reuters Reports First-Quarter 2016 Results
April 27th, 2016
Thomson Reuters (TSX / NYSE: TRI) today reported results for the first quarter ended March 31, 2016. The company also re-affirmed its 2016 full-year outlook. Reported revenues declined 1%. Before currency, revenues grew 1% Excluding recoveries, revenues increased 2% ...
IMF lowers Gulf economic growth forecast with ‘substantial measures needed’
April 25th, 2016
Growth in the Arabian Gulf will slow to 1.8 per cent this year as low oil prices take their toll on budgets, which will lose $140 billion in export revenue this year, the IMF said today. The growth forecast ...
International law firm and US based Law firm end merger talks
April 25th, 2016
Pepper Hamilton and Reed Smith said Friday they have ended merger talks just 10 days after confirming discussions had begun. Pepper Hamilton sent out an email at 6 p.m. Friday announcing the talks had broken off. “While we were intrigued when Reed Smith approached us, ...
Global law firm announces record number of partner promotions
April 20th, 2016
Global law firm Clyde & Co today announced the promotion of a record 16 new partners across its international network. This is an increase on last year, which reflects the firm’s strong financial performance and continued growth. This latest ...
Wealthiest Arabs in the world 2016 – graphic
April 18th, 2016
The past year was unkind to billionaires all over the world, including the Middle East, where Arab billionaires saw their net worth drop by 23.8 per cent from a year ago, according to Forbes. However, Forbes Middle East added ...
International law firm in merger talks with Pepper Hamilton
April 13th, 2016
The global law firm Reed Smith is in talks to combine with the smaller Pepper Hamilton of Philadelphia, the firms confirmed on Monday night. “Based on these preliminary discussions, we see many potential benefits to joining forces,” said a Reed ...
Oil prices hold steady on strong China demand, ahead of producer meeting
April 12th, 2016
Oil prices were stabile on Tuesday, with U.S. crude futures holding above $40 per barrel and Brent approaching $43 ahead of a meeting of major producers to discuss freezing output levels to rein in ballooning oversupply. U.S. West Texas ...
Iran, Iraq to seal gas oil deal
April 11th, 2016
The contract for exporting two million tons of gas oil to Iraq will soon be inked to turn the neighboring country into largest buyer of the Iranian oil product. Given that Iran possesses surplus capacity for the production and ...
Law firm data security in spotlight after Mossack Fonseca leak
April 7th, 2016
Experts have warned that law firms need to ‘up their game’ on data security after millions of documents were leaked from Panama offshore firm Mossack Fonseca. With some 11.5 million documents leaked, the ‘Panama Papers’ scandal is reportedly the ...
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 ...
