Search Results for: Oil price
Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets
April 8th, 2017
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...
UN forecasts ‘relative tranquility’ in grain markets in 2017-18
April 7th, 2017
The United Nations forecast “relative tranquillity” ahead for grain prices as – unlike some other commentators – it forecast a further rise in world wheat inventories next season, besides a record coarse grains harvest. The UN food agency, the ...
What economists expect to benefit the UAE economy this year
April 6th, 2017
Robust global trade growth to benefit UAE economy in 2017 Recovery in global trade flows combined with improving demand conditions in the GCC markets, especially Saudi Arabia, is expected to benefit the UAE economy this year, according to economists. ...
ECB published overview of economic and monetary developments
March 25th, 2017
Overview At its monetary policy meeting on 9 March 2017, the Governing Council concluded that a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium ...
New Zealand left the Official Cash Rate unchanged
March 23rd, 2017
The Reserve Bank of New Zealand has issued today a press release to announce that the Official Cash Rate left unchanged at 1.75 percent. According the statement by Reserve Bank Governor Graeme Wheeler: Macroeconomic indicators in advanced economies have ...
Gulf countries companies may face challenges on VAT implepmentation
March 13th, 2017
GCC corporates could face multiple VAT challenges in the short-run The plan to introduce value-added tax in GCC states could create operational risks for companies and put pressure on Ebitda [earnings before income tax, depreciation and amortisation} and cash ...
Arabian Gulf states are looking at ways to diversify their economies
March 13th, 2017
Push for UAE trade with Asia and Africa The UAE wants to expand trade ties with fast-growing nations in Asia and Africa, a senior official said on Sunday. Arabian Gulf states are looking at ways to diversify their economies, ...
Rising demand for chartered accountants in Middle East
March 9th, 2017
As business models become more complex and sophisticated, every enterprise needs qualified professionals to help them invest, develop and grow prudently. Since 1961, The Institute of Chartered Accountants of Pakistan (ICAP) has been playing a pivotal role in meeting ...
Salaries in UAE are expected to increase this year
March 6th, 2017
Salaries likely to rise in 2017, VAT set to be biggest contributor for job creation in UAE Salary levels in the United Arab Emirates are expected to increases this year and new jobs are being made available following a ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
