Search Results for: Dubai
Alpari Trading Volumes Reach $217 Billion in September
October 23rd, 2014
The Alpari group of companies have announced trading volumes in excess of $217 billion for 1-30 September 2014. Forex, precious metals and commodity trading proved particularly robust during September. Comprehensive analysis of the Scottish referendum – which included Bloomberg ...
National Bank of Oman highlights distinctions between conventional and Islamic finance
October 22nd, 2014
“The GCC countries have committed to actively strengthening their positions in the Islamic finance market, with Saudi Arabia currently in the lead. We, at the National Bank of Oman, have been doing significant work in the Islamic finance domain ...
Dana Gas secures $100 million project financing for UAE offshore gas field
September 10th, 2014
This facility will contribute the debt component of the financing needed to complete the project and bring the Zora gas field on-stream. The credit facility, with Emirates Bank NBD Capital Limited as Initial Mandated Lead Arranger, Bookrunner and Coordinator, ...
Ex-U.S. Envoy Khalilzad Money-Laundering Probe Leads to Austria
September 8th, 2014
A U.S. probe into alleged money laundering by Zalmay Khalilzad has led Austrian authorities to freeze a Vienna bank account linked to the former presidential envoy to Afghanistan. Khalilzad, who served as U.S. ambassador to Afghanistan and Iraq, allegedly ...
Brent Extends Drop as Mideast Oil Supply Stays Safe; WTI Steady
August 25th, 2014
Brent fell for a second day amid speculation that turmoil across the Middle East won’t threaten crude supplies. West Texas Intermediate was steady in New York after a technical issue disrupted electronic trading. “The region is in chaos but ...
DGCX to relist Indian Rupee Options contract on July 18th
July 9th, 2014
Dubai Gold and Commodities Exchange (DGCX) has announced the re-listing of its Indian Rupee Options contract. DGCX’s new advanced trading infrastructure, built in partnership with leading global financial technology provider Cinnober, will support trading in the options contract. The ...
U.A.E. Bank Rules, EU Bank Legal Fees, Tibor: Compliance
July 8th, 2014
The United Arab Emirates may amend rules governing bank lending against shares after reviewing June’s stock price swings in Dubai and Abu Dhabi, the market regulator said yesterday. Representatives of the Securities and Commodities Authority, the central bank and ...
Brent Oil Trades Near Three-Week Low on Libya Supply
July 7th, 2014
Brent oil traded near the lowest price in more than three weeks as Libya prepares to increase exports and amid speculation that Iraq’s crude supplies remain safe from violence. West Texas Intermediate was steady in New York. Futures were ...
Emerging Stocks Advance as Oil Declines While Europe Stoc
June 30th, 2014
Emerging-market stocks rose, extending the biggest quarterly advance since September 2012. Shares in Europe fell, while oil declined as continuing violence in Iraq failed to disrupt supply. The MSCI Emerging Markets Index (BUSY) climbed 0.4 percent at 7:25 a.m. ...
Gunmen Storm Libya Parliament as Violence Grips Oil-Producer
May 19th, 2014
A Libyan military police chief said he disbanded parliament after a militia group he backs stormed it yesterday, spreading violence in the energy-rich nation to its capital and sending world oil prices higher. In a televised speech late yesterday ...
