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Tuesday, January 3- 2017 at 13:12
Dubai Financial Market planning to allow short-selling
* Move planned to increase trading liquidity * Gulf regulators have shied away till now due to fears it will destabilise markets * Bourse plans to introduce covered short-selling in Q1 2017 …
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Tuesday, January 3- 2017 at 13:04
Exec pay is crying out for a race to the bottom
* Corporate pay packages are today extremely high compared to average workers’ * Countries are debating rough rules on executive pay to defeat this scenario * There are chief execs who take very …
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Tuesday, January 3- 2017 at 12:49
Oman seeks banks’ proposals for dual-tenor international bond issue: sources
* Sultanate has asked international lenders to submit proposals for a US dollar debt transaction * Source: government keeping an open mind on whether issue would be in conventional bonds or sukuk *…
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Tuesday, January 3- 2017 at 12:41
Saudi Arabia to raise Febuary term crude prices to Asia
* Saudi Arabia is expected to raise prices for all grades of crude it sells to Asia * Bigger price hike for Arab Heavy on strong fuel oil margins * Price hikes “expected given stronger Dubai s…
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Tuesday, January 3- 2017 at 09:37
Emaar Hospitality Group: The world’s safest hotel chain?
* Emaar Hospitality Group becomes first hotel chain to win ISO 28000: 2007 certification * Framework evaluates security as a core business function and integrates security prerogatives across all ac…
