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Showing 61 - 70 of 214 results for "Arab"

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
It may not seem like it, but crude oil prices appear on track to finish 2019 around 30% higher. This year to date, WTI oil has risen by 33.4% to US$60.21 per barrel while the price of Brent oil has rallied by 29.2%. To be sure, new production cuts that ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... by the Justice Department. "As alleged in the complaints, Low and others, including officials in Malaysia and the United Arab Emirates, engaged in a brazen multi-year conspiracy to launder money embezzled or otherwise misappropriated from 1MDB, and he ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
The International Monetary Fund (IMF) recently released its 'World Economic Outlook' report for October where it slashed its global growth projection to 3.0% this year (from 3.2% forecast in July) before rebounding to 3.4% (downgraded from its ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...

Advice firm expands to Dubai

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUL 2019
A financial advice firm catering to Australian expats is set to establish a new office in Dubai. Atlas Wealth Management will open a new office in Dubai, located in the Dubai International Finance Centre. The goal of the expansion is for Atlas to provide ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... taxpayers and has signed over $400 million in deals to "supply high-tech killing machines" to Saudi Arabia and the United Arab Emirates, SumOfUs wrote on its website. "Australia's top defence officials last week refused to rule out that these weapons ...

Wealth manager appoints former NSW Premier to chair foundation

HARRISON WORLEY  |  WEDNESDAY, 6 FEB 2019
... adviser to the director general at the Executive Office of Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister of the United Arab Emirates and ruler of Dubai. In a statement Carr noted the foundation's efforts in helping migrants settle in Australia. ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines ( dis-United Kingdom prime minister Theresa May survived the vote of no confidence immediately called after the crushing defeat of her proposed Brexit deal in the House of Commons); so is the US government ...

Frontier Advisors builds investment team

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
Frontier has hired a senior consultant for its equities research team as it recruits for key senior roles across the business. James Gunn will start in the senior consultant role on January 7, working closely with Frontier's head of equities research ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
The bull market in crude oil is no more. Just a month ago and a bit, rumour on the street was that crude oil prices would soar to around US$100 a barrel and beyond. No one could be faulted for believing this. Not after Saudi Arabia and Russia's ...