International Finance

Tag : Chairman

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,...
Banking

‘Banks in Ukraine have experienced increase in volume’

Olexandr Dubilet, Chairman of the board of PrivatBank, on how the bank is coping with the turmoil in the region Suparna Goswami Bhattacharya May 17, 2016 How is the financial sector doing in the context of the current political and economic instability in Ukraine? The economic situation in Ukraine is determined by several factors. First,...
Economy

‘Every Airbus is partly made in India’

European company awards A320neo titanium parts contract to Aequs IFM Correspondent May 13, 2016: In a further boost to the ‘Make in India’ programme, Airbus has contracted Aequs Aerospace, a wholly-owned subsidiary to supply over 100,000 titanium machined parts for the A320neo (new engine option) programme. This is the first time work on critical elements...
Business Leaders

Saudi oil minister removed after 20 years in the job

He has been replaced by Khaled al-Falih, who heads Saudi Aramco IFM Correspondent May 12, 2016: After announcing reforms to overhaul the economy in April, Mohammed bin Salman, the deputy Crown Prince of Saudi Arabia announced a government shake-up. The Prince announced the removal of veteran oil minister Ali al-Naimi. He has been removed after 20...
Finance Islamic Banking

Oman’s appetite for Islamic finance products is growing

Islamic banking assets in the Gulf nation are projected to reach 10% of total banking assets by 2018 Camille Paldi March 31, 2016: In the Oman Vision 2020 framework issued by the government, the country proclaimed that it is determined to reduce its dependency on oil revenues through diversification of the economy. Al Maha Financial...
Business Leaders

Blue Mountain is the trend-setter in Sri Lanka’s real estate sector

The group’s companies handle the diverse aspects of real estate and offer customers a comprehensive range of services February 4, 2016: In just five years, the Blue Mountain Group has reached the pinnacle of success and has become a dynamic leader in Sri Lanka’s real estate industry. The group comprises four large-scale companies with turnover...
Business Leaders

Building the Blue Mountain brand in Sri Lanka

The company has embarked on a branding and integrated communications campaign to strengthen its position as a leader in Sri Lanka’s dynamic real estate industry January 28, 2016: Sri Lanka’s leading real estate giant, the Blue Mountain Group, recently selected Leo Burnett Solutions Inc. (LBSI), as its marketing communications partner. Blue Mountain has embarked on...
Economy

Singapore draws up smart plans

The aim is to be a smart nation within 10 years Suparna Goswami Bhattacharya April 10, 2015: Steve Leonard, the executive deputy chairman of Infocomm Development Authority (IDA), Singapore’s technology development arm, is a busy man. After all, it cannot be any different when you have been bestowed the responsibility of making Singapore a smart...
Banking

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait,Will participate in the National Fund’s SME Debt Program....
Business Leaders

‘By exiting Eurozone, Greece would shoot itself in the foot’

Lars Oberle, Chairman of Finanz Konzept, spoke to IFM about the company and developments in Europe Tim Evershed February 17, 2015 Tell us the history of Finanz Konzept and the ethos behind the company? We concentrate all of our efforts on meeting the personal expectations of our clients and we guarantee that we will provide...