Media ID: 55367047
Caption:
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo
by Wael Mahdi | Feb 7, 2017 | Business
Khobar – This is not the first time OPEC countries agree to reduce product, but it is the first time compliance with the agreement reaches 80%-90%, the highest level in the history of OPEC. Five surveys of OPEC outcome in January revealed that OPEC abided by the...
Media ID: 55325887
Caption:
A National Bank of Abu Dhabi branch, August 27, 2012. Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names. (Reuters/Jumana El Heloueh)
by Asharq Al-Awsat | Dec 26, 2013 | Business
Dubai, Reuters—Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names, say global banking executives. The phenomenon is especially common in false positives—situations where a person or transaction is...