Search Results for: Middle East
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 ...
One Financial Markets Expands UAE Operations with Senior Appointments and New Offices
July 28th, 2015
One Financial Markets’ global growth continues, with the appointment of five former senior management team members from Alpari DMCC, new premises in Dubai, a new office in Abu Dhabi and further expansion in London. The ex-Alpari DMCC employees will ...
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 ...
Chinese shares fall another 8% despite more measures
July 8th, 2015
Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening. The slump came despite more moves by China’s regulators to try and stabilise the recently volatile market. The Shanghai Composite had recovered some losses by ...
Saudi banks unruffled by Greece-euro crisis
July 6th, 2015
Saudi Arabia‘s banking system remains largely insulated from the ongoing events in the euro zone, with high levels of liquidity and solid capitalization ratios, say top economists in the Kingdom. Their reaction came as early results from the referendum ...
EY promotes 753 new partners worldwide
July 2nd, 2015
Ernst & Young (EY) today announced the promotion of 753 of its people to partner, its largest increase since 2008 and a 12% increase over 2014. This year, EY added a record number of women to its ranks of ...
Nasdaq Launches Index Calculation System for Marketplaces
June 30th, 2015
Offering gives exchanges index producer capabilities, opportunities for new revenue streams Singapore Exchange to leverage technology to boost index services offering Nasdaq (Nasdaq:NDAQ) announced today the launch of the Nasdaq Index Calculation System, a standalone solution that provides marketplaces with ...