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Ten non-EU Financial Centres Authorised to do Business in the EU
BRUSSELS, Dec 16 – The European Union has authorized a batch of countries outside the bloc to offer clearing and trading of securities to EU firms, under a regime that Britain may also have to use...
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EXCLUSIVE: Saygin Yalcin’s top tips for a successful startup
Saygin Yalcin is a German entrepreneur of Turkish descent. He is the founder and CEO of SellAnyCar.com, and a partner at one of the region’s leading e-commerce company Souq.com Group, which was...
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What Does 2017 Hold for Middle East Investors?
By Ali Janoudi and Simon Smiles In 2017, Middle Eastern investors will confront a world marked by policy shifts and a rising likelihood of reflation. In certain respects, the Middle East itself has...
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S&P: Negative Rating Actions Taken On Qatari Banks
• On June 7, 2017, S&P lowered its long-term sovereign credit rating on the State of Qatar to ‘AA-‘ and placed it on Credit Watch with negative implications. In S&P’s view, the moves by a group...
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Qatar Can Defend Economy and Currency: Finance Minister
DUBAI, June 12 – Qatar can easily defend its economy and currency against sanctions by other Arab states, Qatari finance minister Ali Sherif al-Emadi told CNBC television in an interview broadcast on...
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Advertising Rates Soar Amid India vs. Pakistan Cricket Final
By Sanjeev Miglani and Amlan Chakraborty NEW DELHI, June 18 – Television advertising rates for Sunday’s cricket final between India and Pakistan are 10 times the normal price, industry sources said, as...
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Qatar Riyal Quoted Below Peg But No Threat of Devaluation, Bankers Say
By Andrew Torchia and Davide Barbuscia DUBAI, June 18 – Qatar’s riyal is being quoted weaker than its peg against the U.S. dollar as Doha grapples with a diplomatic crisis, but that is the result of...
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Business Outlook: ‘Make or Break’ for OPEC
By Ole Hansen Hedge funds and oil traders in general have had a difficult quarter, particularly given the Opec/non-Opec production cut deal’s failure to boost prices. The outlook for gold, however, is...
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Iraq in Market to Raise $1 billion, first Standalone Bond in Over Decade
By Davide Barbuscia DUBAI, Aug 2 – Iraq started marketing a $1 billion bond on Wednesday, its first international debt issuance as a standalone credit since 2006 and an attempt to put decades of...
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Will High-Yield Market Stay Hungry and Foolish?
By Althea Spinozzi, Sales Trader at Saxo Bank If you are passionate about the financial market, you must have seen some of those old-fashioned Wall Street movies where the trading floor at the exchange...
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