Tuesday, April 23, 2019

Foreign investors hastily drop Saudi stocks in the wake of Khashoggi crisis

Multiple reports indicate that foreigners have emerged net sellers of nearly a billion dollars worth of Saudi stocks in just one week   Following the gruesome death of Jamal Khashoggi, the Washington Post journalist, in the...

Confidence rises in Bahrain’s residential property market

National stability and improved economic conditions are helping to drive growth in Bahrain’s residential property market, according to the latest research from international real estate consultancy, Cluttons.

Latest United States tax bill could disrupt the renewable energy market

Senate passes tax bill that could have a major impact on the clean power sector The U.S. Senate has passed a new tax bill that could have a major impact on renewable energy throughout the country....

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...

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...

Oil Prices Rise as Chinese Demand Increases

The price of crude oil was up 2 percent in the first week in December, due to strong demand from China. A potential strike in Africa’s largest oil exporter was also a factor....

Fiserv Open Banking Survey shows emergence of strategic focus

Financial institutions are thinking beyond compliance but report difficulty recruiting talent, and many that have already implemented say they would have executed differently   Fiserv, Inc., a leading global provider of financial services technology solutions, announced...

An Ideal Partnership Between Pharma and Biotech Startups

A major overhaul of the pharmaceutical industry is occurring as patents on lucrative medications are ending, budgets are limited, and costs of research and development are increasing. The increased costs to complete testing...

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...

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...

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