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Middle East

Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

Brent oil pushes above $50 for first time in nearly seven months

26/05/2016(0)
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude ... Read More
Bitcoin

UAE’s First Bitcoin Startup Shuts Down

25/05/2016(0)
Bitcoin payments firm YellowPay, by some accounts the first industry startup in the Middle East, has shut down for undisclosed reasons according to members of its founding team. Forming in ... Read More
An oil pump jack can be seen in Cisco, Texas

Oil dips on record U.S. inventories; Canada output to improve soon

11/05/2016(0)
Oil prices dipped on Wednesday as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires, and as record crude inventories especially in ... Read More
PwC-building

PwC elects new chairman in the UK and Middle East

04/05/2016(0)
PwC, the business advisory firm, has announced the election of Kevin Ellis as its new Chairman and Senior Partner in the UK and Middle East for a four year ... Read More
King-Wood-Mallesons_Reception-Meeting-Room

Multinational law firm to cut 15% of Europe and Middle East partnership

24/03/2016(0)
Asia-headquartered global firm King & Wood Mallesons is cutting 15% of partners in its Europe and Middle East practice as part of a restructuring. The cut will mean that ... Read More
trading

ISIS ‘making millions’ by gaming forex markets

04/03/2016(0)
The militant group that calls itself Islamic State (ISIS) is exploiting national banking operations in Iraq and could be making up to $25 million a month in Middle Eastern ... Read More
iran-nuclear

Iran Nuclear Deal Stokes Anxiety Among Its Rivals

18/01/2016(0)
Foes worry about how Tehran will use billions of dollars of unfrozen oil receipts Iran celebrated the removal of economic sanctions on Sunday, even as regional rivals warned that ... Read More
saudi-arabia

Oil prices volatile after Saudi Arabia cuts ties with Iran

05/01/2016(0)
Oil prices went on a roller-coaster ride Monday after Saudi Arabia and some of its allies severed diplomatic ties with Iran. The rising tension in the Middle East sent ... Read More
uae-flags

The Middle East Could Face A Historic Crisis By Century’s End

10/11/2015(0)
Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: ... Read More
ig_group

IG Group opens first Middle East office in Dubai

11/09/2015(0)
New office will give UAE investors 24 hours a day access to over 10,000 financial markets Two thirds of UAE residents want to learn more about trading financial markets ... Read More
Broker Cyprus TopFX