Middle Easte Economics news

 

  1. Iran joins Renault, Peugeot supply chain

    Irna.ir - Finance 02.24 / 16:41 irna.ir
    Tehran, Feb 24, IRNA -- Iran's RISECO and MECAPLAST of France signed a joint venture in a situation that 30-percent exports condition will be implemented for a spare part…
  2. TASI drops 85 pts, sheds SAR 21bn in week

    English.mubasher.info - TDWL 02.24 / 13:48 english.mubasher.info
    Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) concluded the week ended 23 February on a negative note, following pressure from the banks, telecoms, and basic materials sectors. The Tadawul All Shares Index (TASI) retreated 1.19% or 85.1 ……
  3. Iran’s envoy calls for promotion of bilateral trade with Pakistan

    Irna.ir - Finance 02.24 / 11:39 irna.ir
    Islamabad, Feb 24, IRNA – Iranian Consul General in north western city of Peshawar has called for promotion of trade between Iran and P…
  4. Int’l Environment Exhibition kicks off in Tehran

    Irna.ir - Finance 02.24 / 11:23 irna.ir
    Tehran, Feb 24, IRNA – The 16th Iran International Environment Exhibition (24-27 February) kicked off here on Friday with attendance of Iranian Foreign Minister Mohammad Javad Z…
  5. Iranian products expo begins in Pakistan’s Karachi

    Irna.ir - Finance 02.24 / 09:56 irna.ir
    Islamabad, Feb 24, IRNA – A four-day Iranian products exhibition kicked off at Karachi Expo Center in Pakistan on F…
  6. Oil prices down Friday after US data

    English.mubasher.info - DFM 02.24 / 08:54 english.mubasher.info
    Mubasher: The prices of oil declined on Friday after economic data showed a rise in US oil and natural gas stockpiles. Brent crude (for April delivery) decreased 0.18% to $56.4 per barrel. Late Thursday, the Energy Information Administration (EIA)…
  7. Oil prices down Friday after US data

    English.mubasher.info - BB 02.24 / 08:54 english.mubasher.info
    Mubasher: The prices of oil declined on Friday after economic data showed a rise in US oil and natural gas stockpiles. Brent crude (for April delivery) decreased 0.18% to $56.4 per barrel. Late Thursday, the Energy Information Administration (EIA)…
  8. Oil prices down Friday after US data

    English.mubasher.info - QE 02.24 / 08:54 english.mubasher.info
    Mubasher: The prices of oil declined on Friday after economic data showed a rise in US oil and natural gas stockpiles. Brent crude (for April delivery) decreased 0.18% to $56.4 per barrel. Late Thursday, the Energy Information Administration (EIA)…
  1. Financial Audit Department signs agreement with Morgan…

    En.arabstoday.net - Business 02.24 / 16:53 en.arabstoday.net
    As per the directives of Deputy Ruler of Dubai H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum to improve the Financial Audit Department’s (FAD) operational processes and enhance efficiency, the department has signed a co-operation agreement with Morgan International to help its Emirati employees prepare for the Certified Public Accountant (CPA) exam. The move is part of the department’s efforts to implement programmes to realise the leadership’s objective of enhancing the effic…
  2. Arms deals over past three days valued…

    En.arabstoday.net - Business 02.24 / 16:24 en.arabstoday.net
    Thirty one new arms deals worth over AED4 billion were announced on the third day of the International Defence Exhibition and Conference, IDEX 2017, bringing the total transactions over the three days to AED15.41 billion. Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson of IDEX 2017, announced at a daily press briefing that 19 of the deals were sealed with national companies and remaining 12 with international companies. Naval Staff Colonel Fahed Nasser Al Thehli,…
  3. Head-Scratching Investors Call Time on Trump Stock Rally

    Naharnet.com - Business 02.24 / 16:20 naharnet.com
    World equity markets were under pressure Friday as analysts ran out of ways to justify Donald Trump inspired stock valuations, but some said the party may not be completely…
  4. Mirbat Beach Project named Oman’s latest Integrated Tourism Complex

    Omanobserver.om - Business 02.24 / 15:41 omanobserver.om
    Sumptuous development: Dhofar Tourism Co plans mixed-use residential, tourism and leisure scheme Conrad Prabhu – MUSCAT, FEB 24 – Dhofar... The post Mirbat Beach Project named Oman’s latest Integrated Tourism Complex appeared first on Oman O…
  5. India’s Q4 economic growth seen slowing to near 3-year low

    Omanobserver.om - Business 02.24 / 15:41 omanobserver.om
    BENGALURU: India’s economy is expected to have slowed sharply to a near three-year low in the final three months of... The post India’s Q4 economic growth seen slowing to near 3-year low appeared first on Oman Obs…
  6. Trump calls Chinese ‘grand champions’ of currency manipulation

    Omanobserver.om - Business 02.24 / 15:41 omanobserver.om
    WASHINGTON: President Donald Trump declared China the “grand champions” of currency manipulation on Thursday, just hours after his new Treasury... The post Trump calls Chinese ‘grand champions’ of currency manipulation appeared first on Oman Observe…
  7. Alphabet accuses Uber of stealing self-driving car tech

    Omanobserver.om - Business 02.24 / 15:41 omanobserver.om
    NEW YORK: The race to develop self-driving vehicles took a new turn when Google’s parent company Alphabet filed a lawsuit... The post Alphabet accuses Uber of stealing self-driving car tech appeared first on Oman O…
  8. Asian shares slip off 1½-year high, Trump’s remarks in focus

    Omanobserver.om - Business 02.24 / 15:41 omanobserver.om
    TOKYO: Asian shares took a breather on Friday, slipping from 11/2 year highs as material shares were hit by sudden... The post Asian shares slip off 1½-year high, Trump’s remarks in focus appeared first on Oman Ob…
  1. Amman Stock Exchange Daily Report - February 23

    Menafn.com - Markets 02.24 / 01:46 menafn.com
    Amman Stock Exchange Daily Report - February…
  2. MENA Markets Daily Report February 23, 2017

    Menafn.com - Markets 02.24 / 01:46 menafn.com
    MENA Markets Daily Report February 23,…
  1. Anpario PLC’s (ANP) Buy Rating Reiterated at N+1 Singer

    Mideasttime.com - Finance 02.24 / 16:55 mideasttime.com
    Anpario PLC (LON:ANP)‘s stock had its “buy” rating restated by investment analysts at N+1 Singer in a research report issued on Friday. They currently have a GBX 354 ($4.41) price objective on the stock. N+1 Singer’s price target suggests a potential upside of 31.11% from the stock’s previous close. Anpario PLC (LON:ANP) traded up 3.5924%…
  2. Dynamic Technology Lab Private Ltd Takes Position in Validus Holdings, Ltd. (VR)

    Mideasttime.com - Finance 02.24 / 16:55 mideasttime.com
    Dynamic Technology Lab Private Ltd acquired a new stake in shares of Validus Holdings, Ltd. (NYSE:VR) during the fourth quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,193 shares of the company’s stock, valued at approximately $395,000. A number of other hedge funds have also recently modified their holdings…
  3. Dynamic Technology Lab Private Ltd Has $398,000 Stake in Unisys Corporation (UIS)

    Mideasttime.com - Finance 02.24 / 16:55 mideasttime.com
    Dynamic Technology Lab Private Ltd lowered its position in Unisys Corporation (NYSE:UIS) by 47.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,640 shares of the company’s stock after selling 23,996 shares during the period. Dynamic Technology Lab Private Ltd owned approximately…
  4. Dynamic Technology Lab Private Ltd Boosts Stake in Teledyne Technologies Incorporated (TDY)

    Mideasttime.com - Finance 02.24 / 16:55 mideasttime.com
    Dynamic Technology Lab Private Ltd increased its position in Teledyne Technologies Incorporated (NYSE:TDY) by 8.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,220 shares of the company’s stock after buying an additional 240 shares during the period. Dynamic Technology Lab…
  5. 2,279 Shares in Copa Holdings, S.A. (CPA) Acquired by Gideon Capital Advisors Inc.

    Mideasttime.com - Finance 02.24 / 16:55 mideasttime.com
    Gideon Capital Advisors Inc. purchased a new position in shares of Copa Holdings, S.A. (NYSE:CPA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,279 shares of the company’s stock, valued at approximately $208,000. Several other hedge funds also recently made changes to their…
  6. Alon USA Energy, Inc. (ALJ) Posts Earnings Results

    Mideasttime.com - Finance 02.24 / 16:41 mideasttime.com
    Alon USA Energy, Inc. (NYSE:ALJ) released its quarterly earnings results on Thursday. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.32) by $0.12. Alon USA Energy had a negative net margin of 3.18% and a negative return on equity of 10.24%. The business had revenue of…
  7. Alon USA Energy, Inc. (ALJ) Issues Earnings Results, Beats Expectations By $0.12 EPS

    Mideasttime.com - Finance 02.24 / 16:41 mideasttime.com
    Alon USA Energy, Inc. (NYSE:ALJ) issued its quarterly earnings data on Thursday. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.32) by $0.12. The business earned $509 million during the quarter, compared to the consensus estimate of $965.02 million. Alon USA Energy had a negative net margin of…
  8. Dynamic Technology Lab Private Ltd Takes Position in The Michaels Companies, Inc. (MIK)

    Mideasttime.com - Finance 02.24 / 16:41 mideasttime.com
    Dynamic Technology Lab Private Ltd acquired a new position in shares of The Michaels Companies, Inc. (NASDAQ:MIK) during the fourth quarter, Holdings Channel reports. The fund acquired 19,974 shares of the company’s stock, valued at approximately $408,000. Several other hedge funds and other institutional investors also recently bought and sold shares of MIK. Trexquant Investment…
  1. NextEra Agrees to Buy Bankrupt Energy Future Holding’s Stake in Oncor Electric Delivery Co

    Topnews.ae - Energy 02.23 / 23:00 topnews.ae
    June Beach, Florida based Power producer NextEra Energy Inc said it agreed to acquire bankrupt Energy Future Holdings Corp's stake in Oncor Electric Delivery Co for $18.4 billion. After the deal, NextEra will get access to the biggest network of power lines in Texas. The company gets success after almost one year's effort to buy Oncor. NextEra's shares moved up 0.5 percent during morning trading hours. read…
  2. Solar Power Floods California Grid with Record 8,030 Megawatts Electricity

    Topnews.ae - Energy 02.23 / 23:00 topnews.ae
    The booming renewable energy industry in California had a really bright day this week. The California Independent System Operator or ISO, the state's biggest power grid managed to generate a record amount of solar energy which is sufficient for providing  power to more than two million homes. read…
  3. Gas Pipeline Company Williams Cos Slash Quarterly Dividends

    Topnews.ae - Energy 02.23 / 23:00 topnews.ae
    Tulsa, Oklahoma based Williams Cos; the natural gas pipeline company slashed its quarterly dividend by sixty nine percent in order to be able to reinvest almost $1.7 billion into Williams Partners till 2017. The affiliated company requires greater financial flexibility within that period. While announcing its Q2 earnings statement on Monday, Williams said it reduced its payout from 64 cents to 20 cents. Reportedly, the reduction came for the first time in almost ten years. read…
  4. New York’s Public Service Commission Approves Clean Energy Plan

    Topnews.ae - Energy 02.23 / 23:00 topnews.ae
    Governor Andrew Cuomo's ambition to see New York as a national leader in cutting down pollution from power generation, gets a new push. On Monday, the state's Public Service Commission approved and passed a new set of standards which aims at ensuring that at least half of New York's energy comes from renewable sources by 2030. That includes sources like solar, wind and also hydro plants. In those, some amount of energy can be also counted in from off-shore winds along the coasts and…