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Saudi Arabia

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
factory petro-hemicals

Why Saudi Arabia Won’t Cut Oil Production

27/08/2015(0)
Nine months after OPEC decided to leave its production target unchanged and pursue market share instead of trying to prop up prices, the group is facing a set of ... Read More
oil-well

Mideast Stocks Fall as Saudi Arabia Mulls Budget Cut on Oil Drop

26/08/2015(0)
Dubai’s benchmark gauge is biggest decliner in region Brent crude has dropped almost 60 percent in 12 months Most Middle Eastern stock markets declined amid mounting concern the region’s largest ... Read More
UAE stock market

UAE stocks get off lightly as global rout persists

25/08/2015(0)
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai ... Read More
saudi-arabia

Oil’s Drop Puts Spotlight on Saudi Arabia

25/08/2015(0)
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping ... 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
oil-well

Oil wars: OPEC is winning

13/08/2015(0)
OPEC’s strategy to pump like crazy despite collapsing oil prices seems to be finally paying off: The U.S. oil industry is showing cracks. Oil supply from non-OPEC countries is ... Read More
oil

The Saudi Oil Price War Is Backfiring

10/08/2015(0)
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, ... Read More
arab markets

OPEC leader Saudi Arabia is having to borrow money

07/08/2015(0)
Saudi Arabia is not as rich as you thought. The oil kingdom is facing a big hole in its budget, caused by the slump in oil prices and a ... Read More
factory petro-hemicals

Oil prices rise on China stocks rebound, Greek deal hopes

10/07/2015(0)
Oil prices rose on Friday on hopes that the Greek debt crisis could be resolved and as Chinese stocks rebounded, but analysts said bigger jumps were unlikely as global ... Read More
Broker Cyprus TopFX