Aldar Investment Properties, an extremely famous subsidiary of Aldar Properties, has announced the successful subscription of $500 million UD denominated sukuk for US $500 million. The sukuk carries a coupon rate of 3.875 per cent, […]
Iran’s oil company has pulled out of a $5 billion deal to develop part of Iran’s huge offshore natural gas field, an agreement the French government earlier withdrew because of US sanctions on Iran, the […]
Saudi Arabia’s new energy minister said on Monday that OPEC’s deal to limit oil production with non-OPEC allies, including Russia, could last as long as possible. “Now we have a bigger family, which is OPEC […]
Investors are seemingly returning to concern over important factors, including the US-China trade war, the weakening global economy and inverted Treasury yields, which may be a sign of a new recession. US stock index […]
The Fed’s 2019 pause on rate hikes may not be enough if the US-China trade talks do not make further progress. The German DAX index saw an interesting evolution on Wednesday. Down 1.57% and […]
Stocks in the United States fell on Monday, as all major averages finished the trading session in the red zone. Financials and utilities stocks led the S & P 500 index to drop, while health […]
Precious metals prices dropped, together with the demand for various safe haven assets as Brexit problems seemed to ease down. This has also led to the recovery of the US dollar in broad market, adding […]
US stocks closed higher on Monday after some previous declines. All three indexes saw an early setback on Friday’s US Non-Farm Payrolls report and China’s trade balance data which came out lower than expectations. […]
The Bank of England has warned that Europe’s financial system faces “potential risks” to its stability amid the current no-deal Brexit plan. Unsurprisingly, after the Bank of Canada left its overnight rate at 1.75%, the […]
In today’s article we take a look at the companies that issue headlines at the beginning of the trading week. Tesla – Tesla plans to reveal its newest addition, the Model Y SUV on […]
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