 RDIF and partners plan to invest ‘several billion dollars’ in Middle East: CEO The Russian Direct Investment Fund (RDIF) and its partners have “several billion dollars,” that it plans to invest in the Middle East and Saudi Arabia, CEO Kirill Dmitriev told Al Arabiya more RDIF and partners plan to invest ‘several billion dolla ... 1/27/2020 6:22:00 PMAl Arabiyah |
Oil prices plunge as coronavirus fears drive markets Oil tumbled on fears China’s deadly coronavirus will crimp demand, prompting Saudi Arabia to say it was closely monitoring the situation.Futures in London and New York plunged more than 3 more Oil prices plunge as coronavirus fears drive markets 1/27/2020 4:54:00 PMAl Arabiyah |
Emirates NBD announces net profit up 44 pct for 2019 to $3.95 billion Emirates NBD, Dubai’s biggest bank and the second largest in the UAE, revealed on Monday that its net profit for 2019 had surged 44 percent to 14.5 billion dirhams ($3.95 billion), bolstered by more Emirates NBD announces net profit up 44 pct for 2019 to ... 1/27/2020 3:51:00 PMAl Arabiyah |
UAE energy minister urges markets to calm over coronavirus impact on oil demand The UAE Minister of Energy Suhail al-Mazroui on Monday urged markets to not overreact to the possible impact of the coronavirus on oil demand. Al-Mazroui added that he is confident in the ability of more UAE energy minister urges markets to calm over coronavi ... 1/27/2020 3:29:00 PMAl Arabiyah |
US futures, Nikkei index fall as coronavirus fears spread US S&P500 e-mini futures fell more than 1 percent in Asian trade on Monday on mounting worries the new coronavirus outbreak could severely disrupt the Chinese economy, an engine of global growth. more US futures, Nikkei index fall as coronavirus fears spre ... 1/27/2020 4:25:00 AMAl Arabiyah |
Saudi energy minister: Kingdom, Opec+ to maintain oil market stability Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday that he was confident the Kingdom and other Opec+ producers had the capability and flexibility to respond to any to maintain more Saudi energy minister: Kingdom, Opec+ to maintain oil m ... 1/27/2020 3:15:00 AMAl Arabiyah |
Saudi Arabia’s PIF in talks to purchase Newcastle United football club: Report Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is in talks to buy UK Premier League football team Newcastle United for around $445 million, the Wall Street Journal more Saudi Arabia’s PIF in talks to purchase Newcastle Unite ... 1/26/2020 4:09:00 PMAl Arabiyah |
Libyan national oil firm says production down 75 pct after oilfield closure The National Oil Corporation (NOC), the national oil company of Libya, announced on Saturday that its daily oil barrel production had fallen nearly 75 percent following the closure of the more Libyan national oil firm says production down 75 pct af ... 1/26/2020 2:14:00 PMAl Arabiyah |
Finablr stock tumbles 27 pct over debt revelations Shares in payments company Finablr plunged 27 percent on Friday after it disclosed its majority owner, UAE-based Indian billionaire B R Shetty, had pledged over half the company’s stock as more Finablr stock tumbles 27 pct over debt revelations 1/26/2020 10:31:00 AMAl Arabiyah |
Boeing’s 777X jetliner successfully completes maiden flight Boeing successfully completed on Saturday the maiden flight of the world’s largest twin-engined jetliner as the embattled plane maker steps up competition with European rival Airbus in a respite more Boeing’s 777X jetliner successfully completes maiden fl ... 1/26/2020 2:50:00 AMAl Arabiyah |
Lebanon central bank reassures foreign investors amid financial crisis fears Lebanon’s central bank said on Saturday there would be no “haircut” on deposits at banks due to the country’s financial crisis, responding to concerns voiced by a prominent more Lebanon central bank reassures foreign investors amid f ... 1/25/2020 9:01:00 PMAl Arabiyah |
Lebanon’s 2020 budget foresees a surging deficit Lebanon’s parliament will vote next week on a 2020 budget that projects a deficit of seven percent of gross domestic product (GDP), the head of parliament’s finance and budget commission more Lebanon’s 2020 budget foresees a surging deficit 1/25/2020 9:54:00 AMAl Arabiyah |
