Search Results for: Saudi Arabia
Local investors regain largest share of HKEx’s securities market trading
February 17th, 2015
Local investors have regained the largest share of securities market trading at Hong Kong Exchanges and Clearing Limited (HKEx), according to the findings from HKEx’s Cash Market Transaction Survey 2013/14. The survey found local investors contributed 45 per cent ...
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
OPEC Producers Cut Oil Prices to Asia in Battle for Market Share
February 11th, 2015
Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more than a decade, signaling the battle for a share of OPEC’s largest market is intensifying. Iraq’s Basrah Light crude ...
Alstom Gets Break on Fine
February 2nd, 2015
Court Granted Delay in $772 Million Payment Because of Possible Business Impact When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom SA in December, there was a hitch: The French engineering company couldn’t pay ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
Al Tamimi & Co. to provide Legal Consultancy in Support of the “New Egypt
January 29th, 2015
Al Tamimi & Company is proud to announce a new association with Nour & Taha Law Firm, a key player in the Egyptian legal market. From 1st April 2015 Mohamed Khodeir, a partner at Al Tamimi & Company regionally ...
U.S. oil well shut-ins start as crude rout batters small producers
January 27th, 2015
Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of riding out the downturn. As oil prices fell by more ...
OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending
January 26th, 2015
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures pared losses in London and New York. “If you don’t invest in oil and gas, you will see more ...
Oil falls after Greek election sends euro tumbling
January 26th, 2015
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the dollar. Greece’s left-wing Syriza appeared on course to trounce the ...
Euro Slips With U.S. Futures on Greece as Treasuries Gain
January 26th, 2015
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian stocks dropped with crude oil and industrial metals. The 19-nation ...
