International Finance

Tag : oil

Economy

Iran: Renewed interest

The initial round of foreign investment is expected to benefit petrochemical and metal industries Suparna Goswami Bhattacharya August 28, 2015: For economists worldwide, July historically is usually a quiet month. However, this year has been unusually active for the global economy. First, there was Greece’s debt crisis. Then the news of China’s stock plunging stroked...
Banking

‘We set standards for the best customer experience’

BankDhofar of Oman has also been a leader in terms of product innovation and creative solutions  July 22, 2015 : How has the Sultanate been doing with efforts to diversify its oil-dependent economy? As part of ‘Oman Vision 2020’, there are concerted efforts to diversify the economy and reduce the dependency on oil. The specific...
Fintech

Top 10 most epic trades of all time

Every day, thousands of trades are conducted between traders around the world, but most of them will never be remembered TeleTrade July 21, 2015: Every day, thousands of trades are conducted between traders around the world, but – let’s face it – most of them will never be remembered. The trades that stay in history...
Economy

Challenges of Saudisation

To meet demand from industries, the Saudi government is opening colleges and universities to foster skill development among its youth Suparna Goswami Bhattacharya July 13, 2015: For decades now, Saudi Arabia has managed to attract talented expats from around the world. The region, in fact, became a favourite destination for those looking to work outside...
Economy

Thousands of Argentines take to the streets

Lambast President Cristina Fernandez de Kirchner for mysterious death of a prosecutor Kamilia Lahrichi February 20, 2015: Some 400,000 Argentines flooded the streets of the capital under a torrential rain on February 18 to commemorate the mysterious death of a prosecutor a month ago and lambast the president, who is suspected to be involved in...
FinanceWealth Management

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...
Fintech

Holders of high yield bonds floundering

Hit by the fall in oil prices Peter Taberner February 4,2015: The fall in oil prices has left holders of high yield bonds floundering, as the value of their investments has simultaneously plummeted. Over the past three months, data from the First Trust High Yield Bond reveals that there has been a drop in price...
Fintech

Tough time ahead for oil companies

While big players are streamlining operations, smaller ones look to get acquired Suparna Goswami Bhattacharya Analysts expect oil price to come down to $43 a barrel in second quarter of 2015 Oil companies look for ways to cut costs Big players go in for layoffs Oil price: No looking up for now January 27, 2015:...
Economy

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...
FinanceWealth Management

‘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...