Tag: Middle East
Is There Really a Global Shortage of Crude Oil?
Bloomberg - From Russia to Saudi Arabia, Iran to Venezuela, the list of crude oil supplies being curtailed or disrupted around the world is growing...
Cisco Mobile Networks to Support 1 Billion Mobile Users in MEA
The Cisco Predictions for Middle East include that Mobile Networks Will Support More Than 1 Billion Mobile Users in MEA by 2022
According to this...
Oil Slumps to Lowest Since March as China Threatens Rare Earths
(Bloomberg) - Oil joined a selloff for global equities as escalating trade hostilities between the U.S. and China stoked fears about growth, while OPEC and its allies...
Saudi Stocks Surge as Investors Prepare for MSCI Inclusion
(Bloomberg) - Shares in Saudi Arabia surged at the close as MSCI Inc. was set to begin including some of the kingdom’s shares into its...
Millionaires Flee Homelands as Tensions Rise, Taxes Bite
The world’s wealthy are increasingly on the move.
About 108,000 millionaires migrated across borders last year, a 14 percent increase from the prior year, and...
Oil Becomes a Curse for Middle East Economic Change
(Bloomberg) -- Drip by drip, the oil producing countries of the Middle East are watching their share of the global crude market drain away. U.S....
GCC Confronts New Era of Low Oil Prices With Merger Wave
(Bloomberg) -- From Dubai’s Burj Khalifa to Kuwait’s Al Hamra Tower, Gulf economies built up their skylines in a hurry in the few years...
Dubai Stocks Cross Resistance Level Held For a Year
Dubai’s main stock index ended Sunday’s session above a resistance level that it had held for over a year, boosted by continued gains for...
Bahrain to launch world’s largest underwater theme park
Bahrain to develop world’s largest underwater theme park, covering an area of over 100,000 square metres.
The Personal Representative of His Majesty King Hamad, President...
Dell EMC Bullish on 2019 Outlook
Dell EMC has experienced double digit growth in the Middle East, Turkey and Africa in 2018 and expects to see similar levels of growth...