Trump lauds Exxon efforts to create local jobs
The oil producer plans to invest $20 billion through 2022 on the US Gulf Coast...
Tag : Gulf
Divisa Capital raises $100 million of new funds
It will be used for expansion and increase of interbank credit lines...
Hiring on the decline in UAE
Highest decline is in the hospitality and oil & gas industry Suparna Goswami Bhattacharya November 7, 2016: The number of job opportunities in the UAE is on the decline. The latest Monster Employment Index (MEI), a monthly gauge of vacancies posted by employers and websites in the Middle East, shows that job opportunities dropped by...
Saudi Arabia mulling over income tax on expats
However, economists do not think the plan will see the light of the day Suparna Goswami Bhattacharya July 15, 2016: With an eye on increasing its non-oil revenue, Saudi Arabia is considering a plan to tax millions of expats residing in the Kingdom. The proposal was included in the country’s National Transformation Plan (NTP), an...
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....
Investors finally paying more attention to GCC
So far, energy rich Middle Eastern countries have built a reputation as a source of funds Joel Kukemelk February 11, 2015: As a Europe-based GCC equity fund manager, we are well-aware of the international investors’ views, questions, hopes and doubts when it comes to investing in the Arabian peninsula. So far, global investors have overlooked...
Saudi Arabia moving away from oil
The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...
‘GCC can weather the fall in oil prices’
Interview with Joel Kukemelk, Fund Manager of LHV Persian Gulf Fund (LHV Asset Management) IFM Correspondent January 5,2015: In which countries does LHV have investment experience? LHV has experience in investing across the world. LHV Asset Management holds the second biggest market share in Estonian mandatory pension fund market, which was launched more than a...
Oil trade: No sign of prices going up
Some analysts claim that OPEC will not last more than 50 years Suparna Goswami Bhattacharya November 27, 2014: Economists dealing with oil prices and stability were in for a shock when global oil prices started to tumble this year. After three years of relative calm wherein prices moved less than three percent year-on-year, the sudden...