Search Results for: Kuwait
Oil hits five-week top on geopolitical tensions, strong demand
April 11th, 2017
Crude oil climbed to a five-week high on Tuesday, with prices underpinned by tensions following a U.S. missile strike on Syria and a shutdown at Libya’s largest oilfield. Additional support also came from expectations of strong demand as the ...
Asia Stocks Mixed on Final Day of Stellar Quarter: Markets Wrap
March 31st, 2017
Rand extends loss after South Africa finance minister fired Dollar maintains gains after Fed officials adopt hawkish tone Asian stocks retreated as investors pulled back on the final day of the biggest quarterly advance in five years for the ...
How powerful is your passport?
March 23rd, 2017
The Henley & Partners Visa Restrictions Index is a global ranking of countries according to the travel freedom that their citizens enjoy. For more than a decade, Henley & Partners has analyzed global visa regulations to present an index ...
Oil drops as U.S. drilling growth
March 21st, 2017
U.S. shale producers boost rig count for ninth straight week Libya’s Es Sider, Ras Lanuf oil ports poised to resume shiping Oil fell as a Libyan port is set to resume shipments and the U.S. drilling revival undermines the ...
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 ...
Firms vie over rights to Arthur Andersen name
March 6th, 2017
A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another firm that took the Andersen name in 2014. French businessman ...
Saudi Arabia wants oil prices to rise to $60 in 2017
March 1st, 2017
Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the oil industry said. This is the level the OPEC heavyweight and its Gulf allies – the United Arab ...
Oil market may balance this quarter: UBS report
January 24th, 2017
The oil market looks set to rebalance earlier than expected as OPEC members cut production, according to a report from UBS. OPEC oil output has reduced significantly since the production-cut agreement made in November. Saudi Arabia has reportedly cut ...
Trump faces lawsuit for violating Constitution two days after taking oath
January 23rd, 2017
An all-star team of lawyers, including two leading experts on presidential ethics and two of the most prominent constitutional scholars in the nation, will file a lawsuit on Monday challenging President Trump’s ongoing violation of an anti-corruption provision in ...
Oil prices running out of reasons to rally
January 10th, 2017
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed ...
