Monday, June 24, 2019

War Risk Insurance Spirals Higher for Middle East Tankers

(Bloomberg) -- Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks...
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Adnoc, OCI in Talks to Combine Middle East Fertilizer Assets

(Bloomberg) -- Abu Dhabi National Oil Co. and Dutch chemical producer OCI NV are in advanced talks to combine their Middle Eastern fertilizer businesses,...
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Chic Sensibility

Design, music, fashion and fuel – the four passion points along with a local narrative differentiate W Muscat. Excerpts from an interview with  General...
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Samail Industrial City to get new facility

The foundation stone for the administration and facility building at Samail Industrial City, which comes under the ambit of the Public Establishment for Industrial...
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Sohar International Introduces New Prize Scheme For Minor Accounts

Expounding on creative saving habits at a tender age, and reflecting Sohar International’s purpose of helping people ‘win’, the bank continues to offer innovative...
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Geely Launches Its First Pure Electric Brand Geometry Globally

Placing importance on the development of new energy in this new era, Geely Auto Group launched its first pure electric brand Geometry and its...
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Second Merger Wave May Hit UAE Lenders

(Bloomberg) -- Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability and tackle...
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Aramco to Peel Back Financial Veil With August Earnings Call

(Bloomberg) -- Now that Saudi Aramco has revealed itself as the world’s most profitable company, it’s preparing to host its first earnings call in...
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10 Things People in Finance Should Never Say

(Bloomberg Opinion) -- At a recent event in New York City, I chatted with a money manager whose presentation had impressed me. At least,...
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Ted Baker Plunges After Markdowns Deepen UK Retailer’s Crisis

(Bloomberg) -- Ted Baker plunged after warning that markdowns and “extremely difficult trading conditions” will hurt its results, another setback for the UK retailer...
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