International Finance

Tag : Capital Markets

Economy

Everest Industries picks RAKIA for first overseas venture

Will invest in 750,000 sqft manufacturing facility in Al Ghail industrial park IFM Correspondent November 21, 2014: Ras Al Khaimah Investment Authority (RAKIA) has signed Everest Industries, one of the fastest growing building solutions companies in India, as its tenant. Everest will occupy 750,000 sqft in RAKIA’s Al Ghail industrial park. The India-based company plans to initially produce...
FinanceWealth Management

Getting spend under management

How Can Financial Directors Help Procurement Be More Strategic? November 18,2014: One of the biggest areas of spend for companies is procurement, so how can financial directors ensure procurement teams provide more value back to the business? This represents both a huge level of investment but also a great potential opportunity to reduce costs as...
Economy

Argentina: Russia’s new market

The South American country is in a good position to capitalise on President Putin’s embargo on food imports from Europe and Western nations Kamilia Lahrichi November 14, 2014: Russian businessmen met their Argentinian counterparts in Buenos Aires on November 11 to discuss investment projects in the energy, nuclear and mining industries, as Moscow seeks to...
Business Leaders

The new LCIA arbitration rules: A change for the better?

The previous rules, introduced in 1998, form the basis of the 2014 Rules Nick Greenwood and Richard Ellison November 11, 2014: The London Court of International Arbitration (LCIA) Arbitration Rules 2014 (the “2014 Rules”), which entered into force on October 1, represent – in the words of the director general of the LCIA – “evolution, not...
Business Leaders

‘The debt problem in China is not hype’

American economist James Rickards says collapse of the debt and property bubble there could well be the catalyst for a global economic crisis Suparna Goswami Bhattacharya November 7, 2014: James Rickards, American lawyer, economist, investment banker and author of books of like Currency Wars and Death of Money, is one of the speakers at the...
Business Leaders

Investors losing interest in South Africa

Change political mindset to overcome economic constraints, says John Kane-Berman, CEO, Institute of Race Relations Miriam Mannak November 5,2014:It hasn’t been plain sailing for South Africa. Besides slipping on the World Bank’s Economic Freedom Index and the World Economic Forum’s Competitiveness Index, the International Monetary Fund presented a rather bleak economic outlook for Africa’s second...
Fintech

Americans being served cards with chips

Following several breaches, US companies are forced to offer credit cards with greater security features Tom Groenfeldt November 4, 2014: The US is the last country with paved roads to adopt EMV, said Thad Peterson, senior analyst at the Aité Group, passing along a quip he had heard. That’s changing — almost all the new...
Banking

Headline: Bank Sohar net profit soars by 31.14%

Acting CEO says the bank has grown from strength to strength Muscat, October 31, 2014: Bank Sohar registered an increase in net profit by 31.14%. The net profit amount stood at OMR23.749mn as on September 30,2014. The net interest income saw a jump of 15.06%, increasing from OMR 31.842mn in Q3 of last year to...
Business Leaders

Is there something like better tobacco?

Biotechnology firm opens up new opportunities for the multi-billion dollar market David Drake October 31, 2014: As the biotech firm  22nd Century Group, Inc. (NYSE MKT: XXII) rang the closing bell on the New York Stock Exchange last Thursday, the multi-billion dollar tobacco industry is at the threshold of this firm’s biotechnological efforts as it...
Fintech

Should you trust mobile banking?

It’s helpful provided you are careful on how you use access to the internet Tim Ring October 30, 2014: Our plummeting faith in new technology was starkly illustrated last year by the Russian secret service. In the wake of whistleblower Edward Snowden’s revelations of mass electronic spying by the Americans, the Kremlin agency tasked with...