Magazine Archives - Page 5 of 14 - International Finance

France, Iran ink deal for South Pars gas field

International Finance DeskNovember 8, 2016

by International Finance DeskNovember 8, 2016

Total, along with CNPC and Petropars, would develop part of a giant gas field in South Pars IFM Correspondent November 8, 2016: In an agreement that will mark the first Western energy investment since international sanctions were lifted, Iran will sign a preliminary $6 billion deal with France’s Total SA. Under the deal, Total along...

Economy

Greece calls for continued Arab investment

International Finance DeskNovember 8, 2016

by International Finance DeskNovember 8, 2016

EU-Arab World Summit drew more than 40 companies and financial institutions of the Arab world IFM Correspondent November 8, 2016: The Greek economy is recovering and stabilising after emerging from a six-year crisis. It is a crucial time for Greece and the world is closely watching every move. At the EU-Arab World Summit held in...

Economy

Hiring on the decline in UAE

International Finance DeskNovember 7, 2016

by International Finance DeskNovember 7, 2016

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...

Economy

EU and Canada sign historic free trade agreement

International Finance DeskNovember 4, 2016

by International Finance DeskNovember 4, 2016

CETA was almost derailed by objections from the Wallonia region in Belgium November 4, 2016: Canadian Prime Minister Justin Trudeau flew to Brussels on the weekend to attend an EU-Canada Summit which had been delayed for three days because of opposition in Belgium to the Comprehensive Economic and Trade Agreement (CETA). Belgium came back to...

Economy

Employment grows in the US

International Finance DeskNovember 4, 2016

by International Finance DeskNovember 4, 2016

Businesses added 175,000 jobs to the US economy in October IFM Correspondent November 4, 2016: US employers hired more workers in October and also hiked the wages of existing workers. Businesses added 175,000 jobs to the US economy in October and 156,000 jobs in September, while the unemployment rate ticked up to 5%. “The expected...

Banking Finance

Falcon Private Bank appoints new Global Head for Products & Services

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

Arthur Vayloyan joins the bank after a long-standing career at Credit Suisse IFM Correspondent November 23, 2016: Falcon Private Bank has appointed Arthur Vayloyan as the Global Head of Products & Services and Member of the Executive Board, effective December 1, 2016. Arthur Vayloyan has almost 25 years of banking experience. He joins Falcon Private Bank...

Finance Wealth Management

Emirates REIT now world’s largest listed shari’ah compliant REIT

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

Total assets is $773 million and market capitalisation is $333 million IFM Correspondent November 3, 2016: With a year-on-year increase of 13 per cent in total portfolio value, Emirates REIT (CEIC) Limited, one of UAE’s first regulated shari’ah compliant Real Estate Investment Trusts to be listed on Nasdaq Dubai, is now the largest shari’ah compliant...

Economy

US Fed hints at rate hike

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

Will wait ‘for some further evidence of continued progress toward its objectives’ IFM Correspondent November 3, 2016: The Federal Reserve on November 2 hinted at hiking interest rates in December. For now, officials voted to keep rates unchanged following a meeting in Washington. They emphasised that the pace of rate hikes will depend on evolution...

Economy

China’s service sector expands at a rapid pace

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...

Economy

US stocks fall on hint of Trump win

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

ABC/Washington Post poll on presidential race gave one point lead to the Republican candidate IFM Correspondent November 3, 2016: US stocks fell to the lowest since July amidst the uncertainty surrounding the presidential election after one poll suggested Donald Trump could win. The latest ABC/Washington Post poll shows US presidential candidates Hillary Clinton and Donald...