Monday, May 20, 2019

Aramco IPO On Track For 2021 says Saudi Oil Minister

The listing of Saudi Arabia’s energy giant Aramco is on track to take place in 2021, Energy Minister Khalid al-Falih said Apparently, with or without the Aramco IPO, the company is looking to expand internationally...

Pound Drops As Investors Pull Profits

The United Kingdom and its currency are having a good week on the back of positive news regarding Brexit. The increase in pound however, was so strong and unexpected that investors decided to...

The local challenges for East Africa’s growing energy industry

East Africa has never been seen as an area rich in natural resources. But recent discoveries of potentially lucrative reserves of oil and natural gas have changed that viewpoint. Could these untapped fuel...

Can Tesla Model 3 Lead Market Segment Like Tesla Model S Does?

Recently famed Apple analyst Gene Munster predicted market share gains ahead for Tesla based on a survey executed by his firm Loup Ventures. It turns out there are other indictors that point to market share gains...

Crypto Markets continue to see red as XRP and ETH tumble

Both coins are shedding percentage value in the double-digits, showed data from Coin360   Ethereum has now reclaimed its established ranking as the second-largest coin by market cap on CoinMarketCap—which it briefly ceded to a soaring...

What Investors in the Treasury Bond Market Seem To Be Telling U

Summary Investors in US Treasuries appear to be more concerned with political risk than with current economic trends. International money placed in the US over the past five or six years now seems...

Has Renewable Energy Investment Reached Maturity?

What was once a lofty idea is now a staple in many regions of both developed and developing countries. Renewable energy was initially accepted as an alternative to prevalent energy generation options and...

UK house price growth slowing, says Halifax

The growth in UK house prices is continuing to slow, according to the country's largest lender, the Halifax. It said average prices rose by 3.9% in the year to the end of November, down...

GeoPark to acquire Colombia, Chile assets from LG International

The acquisition involves fixed payment of $81mn at closing, in addition to two other installments of $15mn each in June 2019 and June 2020 A leading independent Latin oil and gas company GeoPark Limited announced...

Dubai’s foreign investment stocks on the rise

The Dubai Statistics Center said Dubai’s foreign investment stocks in 2016 reached US$137.5bn, which is an increase of 23.3% from the previous year. Arif Al Mehairi, executive director of Dubai Statistics Center told Dubai Media Office: “Dubai’s...

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