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Posts filtered by tags: Middle East Bloomberg[x]


 

Qatari Royal Among Investors in Credit Suisse’s Greensill Funds - Bloomberg

Qatari Royal Among Investors in Credit Suisse’s Greensill Funds - BloombergQatar’s former prime minister is one of the wealthy Middle Eastern investors exposed to Credit Suisse Group AG’s troubled supply-chain finance funds, according to people familiar with the matter.Vehicles linked to Sheikh Hamad bin Jassim Al Thani invested approximately $200 million in the funds that bought loans from Greensill Capital, the financial firm that collapsed in early March, said the people, asking not to be nam...
Tags: Travel, Qatar, Credit Suisse, Hamad, Credit Suisse Group AG, Rupert Neil Bumfrey, Hamad bin Jassim al Thani, Middle East Bloomberg, Greensill, Greensill Capital, Greensill Funds Bloomberg, Greensill Funds BloombergQatar


Vaccine Adds to ‘Excellent Recipe’ for Recovery in Middle East - Bloomberg

Vaccine Adds to ‘Excellent Recipe’ for Recovery in Middle East - Bloomberg Stock markets in the United Arab Emirates and Saudi Arabia are poised to lead the region’s recovery from the impact of the pandemic and low oil prices as countries in the Middle East prepare for their vaccination roll-outs, analysts say.The UAE and Bahrain have already registered China-backed Sinopharm Group Co Ltd.’s vaccine for use, and Egypt received its first shipment. Meanwhile, Saudi Arabia and Kuwait authorized the...
Tags: Travel, Saudi Arabia, China, Egypt, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Bahrain, Kuwait, Uae, Pfizer Inc, Rupert Neil Bumfrey, Middle East Bloomberg, Middle East Bloomberg Stock, Sinopharm Group Co Ltd


2020 Year of Crisis: Middle East Bloomberg.com

2020 Year of Crisis: Middle East Bloomberg.com:The Middle East was hammered by the double whammy of Coronavirus lockdowns and a collapse in oil prices. But tourists are returning, businesses are trying to get back to normal, and even Saudi Arabia says there's light at the end of the tunnel. We check in on how the Gulf is coping in this Bloomberg Special. (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Saudi Arabia, Bloomberg, Middle East, Gulf, Rupert Neil Bumfrey, Middle East Bloomberg


#Dubai, #AbuDhabi to Shut Schools as Virus Spreads in Middle East - Bloomberg

:The United Arab Emirates, the Middle East’s business hub, will shut schools for four weeks to prevent the spread of the coronavirus.All public and private schools and higher education institutions will be closed from March 8. A pilot program for distance education will be implemented during the last weeks of the period.Education ministry will sterilize school, university facilities and buses Ministry on March 2 started pilot stage of distance learning initiative for all government schools NOTE:...
Tags: Travel, Saudi Arabia, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Kuwait Bahrain, Rupert Neil Bumfrey, China Iran, Middle East Bloomberg


Saudi Sovereign Fund Plans to Build 'Riviera of the Middle East' - Bloomberg

Saudi Sovereign Fund Plans to Build 'Riviera of the Middle East' - Bloomberg:Saudi Arabia’s sovereign wealth fund plans to build an "ultra-luxury" destination for international tourists in addition to two other mega-projects already planned for the kingdom’s Red Sea coast.The Public Investment Fund said it will provide the initial funding for the development of "Amaala," a 3,800 square kilometer project that will be focused on "wellness, healthy living and meditation." Private companies will be ...
Tags: Travel, Saudi Arabia, Red Sea, Rupert Neil Bumfrey, Public Investment Fund, Middle East Bloomberg, Amaala


4 Deaths That Will Remake the Middle East - Bloomberg

4 Deaths That Will Remake the Middle East - Bloomberg:There is now a consensus that any political transformation of the Middle East — a long-cherished goal of both U.S. policymakers and millions who live there — will not be achieved by revolution, foreign intervention or civil war. The failure of the Arab Spring, the disastrous consequences of the U.S.-led invasion of Iraq, and the ongoing catastrophe in Syria have shattered fantasies of sudden change.It is more fashionable these days to pin hop...
Tags: Travel, Iraq, Syria, Middle East, Rupert Neil Bumfrey, Middle East Bloomberg


Shareholder Activism Creeps Up in the Middle East - Bloomberg

:"Shareholder activism is creeping up in the Gulf if events of the past week are a guide.It’s unusual in the six members of the Gulf Cooperation Council, where shareholders tend to rubber-stamp board decisions. The impact was immediate on the stock markets with shares of three companies falling in Dubai and one in Kuwait."'via Blog this' [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Dubai, Kuwait, Gulf, Gulf Cooperation Council, Rupert Neil Bumfrey, Middle East Bloomberg


Oil World Turned Upside Down as America Sells Oil in Middle East - Bloomberg

:"The United Arab Emirates, a model Persian Gulf petro-state where endless billions from crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil. Yet, in a trade that illustrates how the rise of the American shale industry is upending energy markets across the globe, the U.A.E. bought oil directly from the U.S. in December, according to data from the federal government. A tanker sailed from Houston and arrived in the Persian Gulf last month. The cargo of A...
Tags: Travel, United Arab Emirates, Houston, Persian Gulf, Rupert Neil Bumfrey, Middle East Bloomberg, America Sells Oil


U.S. Ready to Ship More Gas to Middle East - Bloomberg

U.S. Ready to Ship More Gas to Middle East - Bloomberg:"U.S. natural gas exports could find buyers in the oil-rich Persian Gulf as countries there look to meet surging demand. Growing U.S. exports of liquefied natural gas could be an additional source of gas supply to the region, U.S. Secretary of Energy Rick Perry and U.A.E. Energy Minister Suhail Al Mazrouei said Wednesday at a news conference in Abu Dhabi. Jordan, the U.A.E. and Egypt have been buyers of LNG from the Sabine Pass complex in th...
Tags: Travel, Saudi Arabia, Bloomberg, Egypt, Rick Perry, Mideast, Perry, Persian Gulf, Sabine Pass, Suhail Al Mazrouei, Rupert Neil Bumfrey, IHS Markit Ltd, U S Secretary of Energy, Middle East Bloomberg, Abu Dhabi Jordan



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