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Oil to hit $90 on new shipping laws, says Morgan StanleyForget Iran and Opec (Organization of Petroleum Exporting Countries) - there’s another issue that will keep oil prices supported for the next two years, reported Bloomberg, citing senior analysts of US investment bank Morgan Sta More… |
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Damac enters Morgan Stanley UAE IndexDamac Properties, a leading UAE developer, has announced that it wil be entering the Morgan Stanley Capital International (MSCI) starting from June 1. The MSCI is a global index which measures the performance of large and mi More… |
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JPMorgan, Morgan Stanley set for key Aramco IPO roleSaudi Arabia is close to appointing leading banks - JPMorgan and Morgan Stanley - as lead underwriters on the initial public offering of Saudi Aramco, the world’s largest oil producer, which is aiming to become the most valuable listed c More… |
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Morgan Stanley Saudi Arabia appoints new CEO, chairmanMorgan Stanley has appointed Ammar Al-Khudairy as chairman of Morgan Stanley Saudi Arabia, succeeding Richard A Debs, according to an internal memo seen by Reuters and confirmed by a bank spokesman. Al-Khudairy was a founding dire More… |
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Saudi Arabia: Well banked, but low loan take-upWhile the current account penetration in Saudi Arabia’s retail banking sector is high at 98 per cent, only 25 per cent of consumer banking customers have a personal loan, Morgan Stanley said in a research paper. The low use More… |
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Second quarter M&A close to record amid mega dealsMergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. More… |
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Opec may raise oil output quota: Morgan StanleyMorgan Stanley said in a note on Monday there is a possibility that Organization of Petroleum Exporting Countries (Opec) may raise its oil output quota. The cartel's present production rate is around 31 million barrels per day More… |
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Oil prices fall as Opec output expected to stay highCrude oil prices dipped early on Monday on expectations Opec output would remain high after rising in May, stoking worries of oversupply despite declining US rig operations. Crude oil prices jumped almost 5 per cent on Friday, the More… |
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Oil falls more than $1 as rout extendsOil prices fell by more than a dollar on Monday to near their lowest levels since 2009 after Morgan Stanley cut its price forecast for Brent, saying oversupply will likely peak next year with Opec deciding not to cut output. " More… |
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Qatar ‘targeting steadier economic growth’After years of strong, if volatile, GDP growth driven by significant debt-fuelled public spending, Qatar is now targeting steadier, more sustainable growth, a report said. Qatar's economic model will continue to be driven by h More… |
