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ME real estate markets 'set for further uncertainty'Following a sustained period of economic instability, fuelled by the falling oil prices and a general weakening of the global economy, the recent election of Donald Trump as the 45th president of the US is set to cause further uncertainty for th More… |
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Rolls-Royce says profits could fall 13pc this yearBritish engineer Rolls-Royce has warned profits this year could fall by as much as 13 per cent on top of an eight per cent drop last year, saying the low oil price had increased uncertainty for many of its markets and customers. T More… |
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Oil jumps as Saudi king's death feeds uncertaintyOil prices jumped in Asian trading today (January 23) as news of the death of Saudi Arabia's King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Fri More… |
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Sukuk market 'will need three years to turn'Noor Islamic Bank does not expect the Islamic bond market to turn around for another three years, given the financial and political uncertainty in the region, its chief executive said. "What you see in the sukuk market right now is not gro More… |
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Dubai leads Gulf decline on debt uncertaintyProperty and banking stocks led a broad decline in the Gulf Arab region on Wednesday, with Dubai suffering its biggest daily loss in two weeks, as uncertainty over its debt continued to weigh on investor sentiment. Dubai's benchmark fell 3 More… |
