Search Results for: GCC
Gold sees biggest rally since Brexit as Trump leads White House race
November 9th, 2016
Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors sought safe havens after Republican Donald Trump rattled markets by leading Democrat Hillary Clinton in the race for the White House. It marked gold’s ...
A common currency in the Gulf Arab region?
October 31st, 2016
Gulf single currency ‘inevitable’, says Oman cenbank chief Hamood Sangour al-Zadjali is quoted as saying that the move is only a matter of time The creation of a single currency in the Gulf Arab region has become inevitable and ...
Russia & Saudi Arabia agree to stabilize oil market
October 25th, 2016
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. Russian Energy Minister Alexander Novak met with representatives of Saudi Arabia and ...
Kuwaiti official expects oil prices be between $50 and $60 over the next 10 to 15 months
October 20th, 2016
Kuwait’s finance minister and acting oil minister, Anas al-Saleh, said on Monday he was optimistic that an understanding on production “at least” would be reached between producers at an OPEC meeting in November. He said expectations that oil prices ...
Global real estate company says No growth in Central London house prices until 2019
September 22nd, 2016
House prices in London’s prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills ...
Who are the biggest investors in Dubai’s real estate market?
September 5th, 2016
It’s no secret who the top foreign investors in Dubai’s real estate market are. Time and again, Indians have emerged atop the podium as the biggest non-GCC foreign buyers of real estate in the emirate. And it’s no surprise ...
Moscow Exchange Announces 2Q 2016 Results
August 9th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...
Winners of Middle East Hotel Awards 2016
May 30th, 2016
12 Dubai Hotels win at Middle East Hotel Awards 2016 The awards ceremony, held on 24 May at the Palazzo Versace Dubai, witnessed a 63 per cent increase of submissions on the previous year’s edition, with the 6-month old ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
Bahrain introduces two new types of visas to help attract more visitors and investors
May 26th, 2016
Move seeks to boost number of tourists, investors Bahrain is introducing two new types of visas and extending a third to help attract more visitors and investors to the kingdom. Under the plan recommended by the Executive Committee, chaired ...
