Saturday, Oct 31, 2020
International Finance

Tag : September

Economy

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...
Economy

Employment grows in the US

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...
Economy

Brexit: UK grows faster than expected

The economy grew by 0.5% in the three months following the Brexit vote IFM Correspondent November 1, 2016: Britain’s economy grew more than expected in the three months following its vote to leave the European Union despite concern that apprehension over the country’s future would weigh on business. The economy expanded by 0.5% in the...
Economy

China’s investment in Indonesia up from $600 million to $1.6 billion

Boost for President Joko Widodo’s ambitious program to build infrastructure IFM Correspondent November 1, 2016: Many countries are racing to invest in Indonesia, South East Asia’s biggest economy. Last week, Finance Minister Sri Mulyani Indrawati said the economy will probably expand 5 percent this year, making Indonesia an attractive investment destination. According to reports from...
Economy

US Fed monetary policy: A moving target

International Finance Desk
Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...
Economy

Informal OPEC meet in September does not raise hopes

Experts do not expect a major impact on oil price IFM Correspondent August 17, 2016: The past week saw OPEC announcing plans for an informal meet at the International Energy Forum in late September. The announcement comes at a time when Saudi Arabia is pumping a record amount of oil and Iran is resuming production...
Business Leaders

Arab aviation summit ends on a high note

International Finance Desk
The event also saw the launch of a programme for young minds IFM Correspondent September 25, 2014: The global demand for aircraft will stand at 27,000 in the next two decades, states a news report in Zawya. And, according to Paul-Franck Bijou, chief executive officer, Airbus ProSky, the Middle East region is the fastest growing...