Time for state energy companies in Middle East to rethink overseas strategies
July 6th, 2015
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ventures. The falling oil price creates opportunities for some, problems ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
UAE among priority countries for Standard Chartered
June 26th, 2015
Standard Chartered has outlined a plan to spend more money growing its business in emerging-market countries including the UAE, where the fallout from lower commodity prices has not been as crippling as it has been in countries such as ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Gold Price History: The Last 2000 Years
June 25th, 2015
It really is no exaggeration to say that human beings have valued gold for as long as they’ve been able to get their hands on it. Burial sites going back to the 4th millennium BC include skillfully wrought gold ...
Asian shares bolstered by hopes for Greek deal
June 23rd, 2015
Asian shares rose on Tuesday after Greece‘s latest budget proposals raised hopes it would stave off a debt default and reach a deal with lenders later this week. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up ...
Asia cheers Greece’s 11th-hour proposals to avert default
June 22nd, 2015
Asian shares got the week off to a strong start and U.S. stock futures and the euro firmed on Monday, after Greece scrambled to avert defaulting on its debt with last-minute proposals aimed at appeasing its creditors. Financial spreadbetters ...
Asian shares swoon, dollar on defensive
June 9th, 2015
Asia shares sank in a sea of red on Tuesday as speculation of U.S. rate rise as early as September hit emerging markets generally, while failing to give a lasting lift to the dollar. A steady start soon gave ...
Asian shares slip, China’s imports disappoint
June 8th, 2015
An index of Asian shares extended losses on Monday after Chinese imports declined more than expected, while the dollar was higher after upbeat U.S. employment data raised bets that the U.S. central bank would raise interest rates as early ...
IMF Urges Fed to Wait on Interest Rates Until 2016
June 5th, 2015
The International Monetary Fund on Thursday slashed its forecasts for U.S. economic growth, calling for the Federal Reserve to hold off its first rate increase in nearly a decade until 2016. In its annual review of the U.S. economy, ...