International Finance

Tag : Kingdom

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...
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

Skinners’ Academy wins Enterprise Challenge 2015

They came up with a system whereby students can donate spare change to a nominated charity from electronic currency Jonathan Freeman June 19, 2015: One of the flagship events in the Mosaic calendar is without doubt the Mosaic Enterprise Challenge Grand Final. After months of preparations, regional heats and tireless work from mentors, students and...
Economy

Uncertainty of election makes pound jittery

On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...
Economy

Zaiwalla & Co welcomes Iran’s nuclear deal

The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the  framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...
Economy

Investment in clean cooking can return a profit

But the real benefit lies in the social impact Kamilia Lahrichi February 17, 2015: Large financial institutions, such as Bank of America and Deutsche Bank, and private investors launched a $100 million fund to ease access to clean and efficient cookstoves and fuels at the Cookstove Future summit in New York on November 21, 2014....
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...