International Finance

Tag : international Finance magazine

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Delegation from Panama to meet OECD

Will discuss strengthened collaboration on financial transparency May 18, 2016: As part of President Juan Carlos Varela administration’s ongoing commitment to financial transparency, a delegation of government officials from Panama will travel to Paris this week to meet with members of the OECD to discuss various issues related to financial transparency. The visit follows an...
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...
Fintech

CENX awarded Tier-1 EMEA service provider contract

Exanova Service Intelligence to orchestrate and assure on-demand services May 18, 2016: CENX the global leader of orchestrated service assurance and management solutions for physical and virtualised networks, announced the company has been selected by a Tier-1 global communications service provider, with headquarters in southern Europe, to orchestrate and assure on-demand cloud and data centre...
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,...
Fintech

Drayson Technologies raises £8mn Series B round

Company aims to power Internet of Things devices using recycled wireless energy May 16, 2016: Drayson Technologies Limited, the leading developer of radio frequency (RF) harvesting technology announces the completion of a Series B funding round of £8m led by existing investors Lansdowne Partners and Woodford Investment Management. Existing investors, new investors and staff participated...
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...
Economy

Saudi announces Vision 2030 to transform its economy

The aim is to make a smooth transition away from dependency on oil revenue Suparna Goswami Bhattacharya May 13, 2016: With oil price continuing to show no signs of improvement, it is no secret that oil dependant nations have to think of alternatives to run their economy. The Kingdom of Saudi Arabia recently announced a...
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...
FinanceWealth Management

Is Osborne right on Brexit and property?

Chancellor of the Exchequer said that property prices will be significantly dampened by a UK vote to leave Naomi Heaton  May 11, 2016: With the UK’s EU referendum fast approaching, questions are inevitably circulating about how the build-up and outcome will impact property prices and the future of the UK and London market. Indeed, in...
Uncategorized

Nexus Group gets new head of general insurance

Appoints Philip Ashkuri; serving GCC insurance remains a priority May 10, 2016: Leading insurance broker, Nexus Group, has appointed Philip Ashkuri as the Head of General Insurance, Commercial and Personal Lines, for the GCC region. With nearly three decades in the general insurance industry, Ashkuri has extensive experience and widespread knowledge of the global and...