Tuesday 24 December 2024
 
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IIF

GCC 'can meet any oil supply shortfall'

The GCC states have spare oil production capacity now of 2.5 to 3 million barrels per day and are positioned to meet any possible shortfall in supplies to world markets, a report said. The report by  the Institute of International Fin

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Europe, IMF 'must act now to avoid contagion'

Euro zone countries and the IMF need to show they can deliver a rescue plan for Greece, including a debt buy back, in the coming days to avoid financial markets "spinning out of control," a bank lobby group said. The Institute of Internati

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Emerging markets inflows to top $1 trillion

Private investment money pouring into emerging markets could reach $1.041 trillion in 2011, up from a previous estimate of $960 billion, a global bank group said on Wednesday.    "Most of the $81 billion upward revision of

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Reforms will cost 10m jobs warn banks

A string of regulatory reforms across the banking sector could cut 3 percent off global economic growth over the next five years and cost almost 10 million jobs, top banks said on Thursday. The Institute of International Finance (IIF), a b

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Gulf states set for growth, risks remain: IIF

Gulf Arab economies are seen returning to solid growth in 2010, with Qatar and Oman soaring on rising oil and gas output, but 'corporate distress' remains a risk, the Institute of International Finance said in report. Real gross do

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Financial leaders discuss risk management

Leaders of finance from over 50 public sector and private financial institutions in the Gulf, the Middle East, Europe, and the US took part in a symposium on “Managing Risk Amid Market Turmoil: Implications for the Middle East.” The event

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