International Finance

Tag : Capital Markets

Business Leaders

The Rise of a Telecom Billionaire

Carlos Slim’s net worth is equivalent to 7 % of Mexico’s GDP and for Bill Gate’s to have a same grip on the U.S. economy he would need 909 billion and own Alocoa, Philip Morris, DoNuts, Citi Bank, Marriott and Jet Blue....
Finance Islamic Banking

Islamic funds are not just an alternative

International Finance Desk
Their success is turning them into a source of competition for the conventional funds industry Camille Paldi September 22, 2015: More than 750 Islamic Investment Funds have been established around the world with assets under management (“AUM”) totaling approximately $60 billion compared to 70,000 conventional funds with AUM of $19trillion.  Currently, a wide variety of...
Uncategorized

Oman SME Summit 2015: Opportunities galore

International Finance Desk
As the Gulf nation presses ahead with diversifying its oil-dependent economy, be there on September 13-14 to see what’s in it for you In today’s fast-paced and dynamic market environment, SMEs undoubtedly play a vital role. Though the term needs no explanation, for the sake of clarity, Small and Medium-sized Enterprises (SMEs) are non-subsidiary, independent...
Economy

Brazil takes a $27 billion hit

International Finance Desk
That’s the cost of the Petrobras scandal to the world’s seventh largest economy Kamilia Lahrichi April 8, 2015: The Petrobras oil scandal, which sparked massive protests across Brazil against the government’s corruption and the economic slowdown, has cost $27.1 billion to the GDP of the world’s seventh largest economy, according to an April 2015 study...
Banking

Laos and World Bank to end poverty and build shared prosperity

Lao PDR has made significant strides in relation to poverty reduction. July 15, 2013: The World Bank Group and the Lao PDR have forged a constructive partnership for development lasting more than five decades, during which time, the Lao PDR has made significant strides in relation to poverty reduction. It has reduced the poverty headcount from almost half...