by Asharq Al-Awsat English | May 1, 2016 | Business
Stock markets in the Gulf were mixed in early trade on Sunday, as Saudi Arabia’s bourse propped up by commodity-related shares while banks weighed on United Arab Emirates indexes. Shares in Saudi Arabian Mining Co jumped 9.5 percent, their daily limit, after the miner...
by Wael Mahdi | Jan 8, 2016 | Business
For the first week of 2016, oil prices slumped hitting a low beneath 35 dollars per barrel, which consequentially raised investors’ concerns of it further declining over the upcoming days, and setting back to 30 dollars per barrel. Oil prices are under two pressuring...
by Asharq Al-Awsat English | Jan 7, 2016 | Business
Global shares dropped for a sixth day on Thursday and oil prices fell to levels not witnessed since the early 2000s, after China guided the Yuan lower and Shanghai shares tumbled by 7 percent, igniting fears of competitive devaluations across Asia. Chinese stock...
by Sharif Abdul-Hamid | Aug 6, 2013 | Business
Majid Jafar, CEO of UAE’s “Crescent Petroleum” and member of the board of directors delegated to “Dana Gas” has said investors from several areas where the company invested and increased productivity were very optmisitc. He admitted that the current value of...
by Asharq Al-Awsat | May 22, 2013 | Media
San Francisco, Reuters—Yahoo Inc Chief Executive Marissa Mayer’s USD 1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces plenty of...
