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Middle East

UAE-Burj-Khalifa-Dubai

Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai

03/09/2015(0)
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & ... Read More
eni-gas

Italy’s Eni discovers huge gas field off Egyptian coast

31/08/2015(0)
Italian energy group Eni says it has found one of the world’s largest natural gas fields off Egypt’s coast. The company said the area was 1,450m (4,757 feet) beneath ... Read More
UAE stock market

Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound

31/08/2015(0)
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the ... Read More
Dubai Financial Market

Arabian Gulf markets lose $58 billion as weak oil and global equity rout spark sell-off

24/08/2015(0)
Billions of dirhams were wiped off the value of Dubai shares yesterday, as stock markets across the Arabian Gulf lost US$58 billion on a day of calamitous trading. The ... Read More
Suez-web-articleLarge

Suez Canal Upgrade May Not Ease Egypt’s Economic Journey

07/08/2015(0)
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic ... Read More
sap

Mideast digital economy to hit $30b by 2018

13/07/2015(0)
The Middle East business landscape is quickly adopting latest technologies to capture competitive advantages arising from leveraging the Internet of Things and leveraging mobile technology in their core businesses. ... Read More
Herbert-Smith-freehills-logo1

Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence

18/06/2015(0)
Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team to Dubai just six years after opening. Having launched the office ... Read More
World economic forum

World Economic Forum: Jordan in $12bn investment drive

22/05/2015(0)
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle ... Read More
iran_nuclear-talks

Iran nuclear talks: World powers to meet foreign minister

30/03/2015(0)
Ministers from six world powers are expected to hold their first full session on Monday with Iran’s foreign minister over its nuclear programme. The deadline for reaching an agreement ... Read More
OPEC logo

China and Middle East will drive oil demand: OPEC

16/03/2015(0)
Almost half of this year’s oil demand growth is likely to come from China and the Middle East, the Organization of the Petroleum Exporting Countries (OPEC) said Monday. In ... Read More
Broker Cyprus TopFX