[ad_1] The logo of private bank Lombard Odier (LODH) is seen at a branch office in Zurich, Switzerland August 12, 2019. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights DUBAI, Sept 28…
Tag: OM
Nova MSC bags RM7mil contract extension in Singapore
[ad_1] KUALA LUMPUR: NOVA MSC Bhd’s novaCITYNETS Pte Ltd (NCN) has secured a contract extension worth RM7mil from Singapore’s Land Transport Authority. The company said the contract is for the…
HSBC lifts outlook, launches $2 bln buyback as rising rates boost income
[ad_1] HSBC raises its near-term return on tangible equity goal First-half profit surges more than two-fold H1 results underpinned by rising rates worldwide HSBC’s Hong Kong shares hit 4-year high…
Egypt underperforms Middle Eastern bourses; Oman gains
[ad_1] June 25 (Reuters) – Most stock markets in the Middle East ended lower on Sunday ahead of Eid-Al-Adha, with the Egyptian bourse underperforming the region. The benchmark index (.EGX30)…
Most Gulf central banks follow Fed and raise interest rates by 25bps
[ad_1] CAIRO/DUBAI, May 3 (Reuters) – Most Gulf central banks increased key interest rates on Wednesday after the U.S. Federal Reserve raised its target interest rate by a quarter of…
Most Gulf markets in red as Fed seen hiking rates
[ad_1] May 1 (Reuters) – Most stock markets in the Gulf ended lower on Monday, weighed down by expectations the Federal Reserve will increase interest rates, although the Qatari bourse…
Saudi investment minister visits Oman to boost economic ties
[ad_1] DUBAI, Aug 29 (Reuters) – Saudi Arabia’s Investment Minister Khalid al-Falih was visiting Oman on Sunday to discuss opportunities in both Gulf countries, Saudi state news agency SPA said.…
U.N. Security Council to discuss deadly tanker attack off Oman
[ad_1] NEW YORK, Aug 5 (Reuters) – Britain will raise a deadly tanker attack off the coast of Oman during a closed-door United Nations Security Council meeting on Friday, diplomats…
Reaction: OPEC output cuts to roil markets
[ad_1] April 2 (Reuters) – A surprise production cut by Saudi Arabia and other Middle East producers has caught the energy industry flat-footed and will lift global prices with little…