Middle-east Arab News Opinion | Asharq Al-awsat

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Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo

Boutique Bank Moelis Wins Advisory Role of Mammoth Saudi Aramco IPO

by Wael Mahdi | Feb 9, 2017 | Business

Khobar – New York-based boutique investment bank Moelis & Co (MC.N) has been chosen as an adviser by Saudi Aramco on its plans for what is expected to be the world’s biggest initial public share offer (IPO). Moelis will be the internal independent...

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U.S. President Barack Obama. Reuters

The Obama Years: The Best of Times to Be a Stock Investor

by Jeff Sommer | Aug 27, 2016 | Business

New York-President Barack Obama hasn’t boasted much about the performance of the stock market during his time in office, but if he were inclined, he could do so with gusto. The facts are inescapable: The Obama years have been among the best of times to be a stock...

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Dissipating Fortunes

How do Young Millionaires Manage their Fortunes?

by Junile Marty | Jul 11, 2016 | Business

Washington-Unfortunately, some people are lucky enough to be rich from a young age. Capgemini consulting corporation issued a report showing the interesting strategies used by youth millionaires in managing their fortunes. Millionaires under forty are often more...

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Investors Concerned as LinkedIn Shares Plunge 35 Pct

Investors Concerned as LinkedIn Shares Plunge 35 Pct

by Asharq Al-Awsat English | Feb 5, 2016 | Technology

LinkedIn Corp’s revenue forecast shocked Wall Street as it deeply failed to live up to expectations when shares of the social network for professionals plunged about 35 percent on Friday, erasing nearly $9 billion of market value. The company recorded its...