Search Results for: Saudi Arabia
Qatar sees Brexit as an opportunity
March 30th, 2017
Qatar sees Britain’s exit from the EU as an opportunity to boost supplies of liquefied natural gas (LNG) to the world’s fifth-largest economy and is open to investing in British energy assets, Qatar’s energy minister said. The Gulf state ...
Oil rises on Libyan supply disruptions, likely OPEC output cut extension
March 29th, 2017
Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second half of the year. Prices for front-month Brent crude futures, ...
The FinTech in Mena region
March 17th, 2017
Fintech (financial technology) is gaining traction globally and has already arrived in the Middle East and North Africa (Mena). Financial technology describes tech-enabled products and services that improve traditional financial services. They are faster, cheaper, more convenient or more ...
Oil prices mark time, set for small weekly rise
March 17th, 2017
Oil prices were little changed in early Asian trade on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supply overhang. Brent crude was up 5 cents, or 0.1 ...
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 ...
Which Gulf country’s banking sector is the top in assets volumes
March 9th, 2017
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics ...
Oil prices claw back some ground after plunging to year lows
March 9th, 2017
Oil prices attempted a slight rebound Thursday on the heels of plunging to their lowest levels in a year after weekly data which showed a higher-than-expected build-up in U.S. inventories. On the New York Mercantile Exchange, light, sweet crude ...
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 ...
Leading law firms pull away from Qatar
February 10th, 2017
Leading law firms pull away from Qatar Two of the world’s largest law firms are set to shut up shop in Qatar. Clifford Chance and Herbert Smith Freehills are both closing their offices in the region in the coming ...
Oil prices stable on strong Chinese imports, OPEC-led production cuts
February 10th, 2017
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.68 ...
