Search Results for: Middle East
27 Major Global Stocks Markets That Have Already Crashed By Double Digit Percentages In 2015
December 7th, 2015
Anyone that tries to tell you that a global financial crisis is not happening is not being honest with you. Right now, there are 27 major global stock markets that have declined by double digit percentages from their peaks ...
Robot financial advisers to march on the UAE
December 4th, 2015
When the Dubai resident Lewis Brown and his wife Penelope wanted financial planning advice, they took what for many is a natural step – they spoke to a financial adviser. The adviser, Will Carling of AES International, spent several ...
Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
December 3rd, 2015
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday ...
Low Tax And good Living Tempt Expats to Gulf
December 3rd, 2015
Low taxes and a quality lifestyle are attracting expats to extend their stays in Gulf state countries, according to a new study. Although tax and money are important to expats, all-year sunshine and an upmarket lifestyle are also benefits ...
Saudi Arabia, Allies Willing to Cut Oil Production If Others Follow
December 3rd, 2015
Divisions emerge ahead of a contentious OPEC meeting on Friday Saudi Arabia and its Persian Gulf allies are willing to pull back oil output as crude prices skidded further Wednesday but won’t cut unless other producers like Iran, Iraq ...
Russia and Saudi Arabia Battle for Control of European Oil Market
December 1st, 2015
Both Russian and Saudi companies have aggressively discounted their crude exports to Europe, dimming hopes of production cuts A contest for dominance in Europe’s oil market is heating up between the world’s two biggest oil exporters—Saudi Arabia and Russia—as ...
Law Firms Wragge Lawrence Graham & Co and Gowlings joining forces to create a new international law firm
November 30th, 2015
Wragge Lawrence Graham & Co (WLG) and Gowlings, a leading Canadian law firm, are joining forces to create a new international law firm called Gowling WLG. The new firm will take effect in January 2016. Gowling WLG will have ...
OPEC rivals now allies in push for oil market share
November 30th, 2015
Almost by accident, OPEC adversaries Saudi Arabia and Iran are about to work as a team. When the Saudi kingdom decided last year that OPEC should keep pumping to counter a surge in US shale oil, Iran spearheaded resistance ...
Biggest Oil Buyers Pick Themselves as Winners From OPEC Meeting
November 27th, 2015
OPEC to meet Dec. 4 in Vienna to discuss oil production target South Korean refiner sees `best time ever’ as buyer amid glut Oil buyers in Asia are sure of one thing as OPEC prepares to meet: They’ll emerge ...
Welcome To The Currency War, Part 20: Corporate Profits Head South, Stock Prices To Follow?
November 26th, 2015
A too-strong currency is, in theory, supposed to make it harder to sell things to cheap-currency countries, thus crimping corporate profits and by implication pretty much everything else. The US dollar has been rising against the rest of ...
