International Finance

Category : Economy

Economy

Ministry of Economy heads UAE team at Astana Economic Forum

Representatives from private sector also participate June 6, 2016: A high-level delegation from the UAE, which was headed by the Ministry of Economy, has revealed their successful participation at the 9th Session of the annual Astana Economic Forum, a leading platform for international dialogue that enables constructive discussion of economic development issues concerning both Central...
Economy

Saudi is having a bearish impact on oil prices

Kinan Khadam-Al-Jame Is defending market share and simultaneously ushering changes at home to avoid political unrest May 27, 2016: Historically, kings of Saudi Arabia don’t accede the throne until late in life. However the current ruler, King Salman Al-Saud has upset the established formula of ‘rule by elder’ by giving unprecedented power to his son...
Economy

Oil at $50 is not a cause for concern

Experts say the quantum of price increase is not difficult to absorb IFM Correspondent May 27, 2016: After hovering around $30 per barrel for close to five months, oil price is finally heading northwards. The price touched $50 a barrel — around 70 per cent up on its February low. It is a rapid climb,...
Economy

Who will win over the Iranians?

The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world Suparna Goswami Bhattacharya May 25, 2016: From the time sanctions have been lifted on Iran, it has become a hot destination for investments globally. And there are ample reasons for this interest. First, one must understand the...
Economy

India to be among top five in manufacturing by 2020

Interestingly, China may be dislodged by the US from the number one position Suparna Goswami Bhattacharya May 23, 2016: That India is known for its information technology services globally is widely accepted. But the country is also ready for the next phase of growth in manufacturing. According to a report by Deloitte, India is projected to...
Economy

Republic of Panama to host Japanese delegation

To launch negotiations on bilateral agreement May 20, 2016: The Republic of Panama will host an official delegation from Japan visiting Panama City as both countries begin negotiations to establish a bilateral Tax Information Exchange Agreement (TIEA) on Friday, May 20, 2016. The announcement follows a visit last month to Japan by Panama’s President Juan...
Economy

Panama requests France to work under equal conditions

Shares steps taken to reform its legal framework and strengthen service centre May 19, 2016: Luis Miguel Hincapie, Minister of Foreign Affairs of Panama, met with France’s Presidential Special Appointee for Latin America and the Caribbean, Jean-Pierre Bel. During the meeting in Paris, the Panamanian diplomat emphasised the importance of working under equal conditions to...
Economy

EgyptAir flight missing

Sixty six people were on board May 19, 2016: An EgyptAir plane carrying 66 people has disappeared after taking off from France’s Charles de Gaulle airport late Wednesday night. Flight MS804 was on its way to Cairo when it vanished from radar. Contact with the airline was lost around ten miles inside Egyptian airspace when...
Economy

Saudi Arabia gets its first women business park

Aim is to create 21,000 jobs by 2025 IFM Correspondent May 18, 2016: With the aim of encouraging women to come forward and contribute to the Kingdom’s growth, Saudi Arabia has launched its first women’s business park in Riyadh. The park is expected to create about 21,000 jobs by 2025. It will serve as an...