• HSBC
Editor's Choice

FX Weekly Report (25/05/2012): Eurozone data slows as markets wait for Greece elections

Currency markets were dragged lower against the safe haven US Dollar as the bearish themes failed to ease up and continued to plague the financial markets for another week. The lack of positive news flow from the Euro-zone, combined with weakening economic data saw the common currency drop 1.9% against the US Dollar, 1.1% against the British Pound and 1.2% against the Japanese Yen.

Read more »
See all Finance & Economy content

Daily Updates

Qatari financials help to lift market in Doha

Qatari financials help to lift market in Doha

The QE 20 Index advanced 0.32% to reach 8,490.12 points. Sunday was the day of the financial shares, as the majority of lenders and insurers posted...

Read more »
See More Daily Updates

Press Releases

See More Press Releases

Analysis

What is next for global stock markets and what does this mean for equities in the Middle East?

What is next for global stock markets and what does this mean for equities in the Middle East?

Over the last month global stock markets have been the victim of risk-off sentiment that has embedded itself in price action, causing the Dubai Stock Exchange to sink around 9% in the last three...

Read more »
See More Analysis
See all IT & Telecoms content

Daily Updates

RIM plans global restructuring

RIM plans global restructuring

Blackberry maker, RIM is preparing for a major global restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000...

Read more »
See More Daily Updates

Press Releases

See More Press Releases

Analysis

Middle East telcos ready 'triple play' for voice, data, video services

Middle East telcos ready 'triple play' for voice, data, video services

Telecom operators in the Middle East are busy readying their networks for 'Triple Play' to provide voice, data and video services, without compromising on quality in order to meet new customer...

Read more »
See More Analysis
See all Energy & Renewables content

Daily Updates

Saudi Arabia, Azerbaijan in energy exploration deal

Saudi Arabia, Azerbaijan in energy exploration deal

Saudi-based Foroof International has signed a memorandum of understanding with the State Oil Company of Azerbaijan (SOCAR) for long term projects...

Read more »
See More Daily Updates

Press Releases

See More Press Releases

Analysis

Deloitte:  Oil and gas sector faces talent shortage

Deloitte: Oil and gas sector faces talent shortage

Surveyed oil and gas executives ranked managing human capital and expanding into new markets as top strategic concerns, according to a new report by Deloitte. Executives also found that a looming...

Read more »
See More Analysis
See all Real Estate & Construction content

Daily Updates

Bahrain to ban outdoor summer work from July 1

Bahrain to ban outdoor summer work from July 1

Bahraini labour minister Jameel Humaidan has said a two-month ban on outdoor work during the hottest hours of the day is again to come into force...

Read more »
See More Daily Updates

Press Releases

See More Press Releases

Analysis

Dubai villa lease rates rise for first time in three years

Dubai villa lease rates rise for first time in three years

Villa rental prices in Dubai rose in the first quarter for the time in three years, according to a new report by real estate consulting CBRE.

Read more »
See More Analysis
See all Transport & Tourism content

Daily Updates

Airbus aims for 30 more A350 sales this year

Airbus aims for 30 more A350 sales this year

Airbus has set a target to sell 30 more A350s this year, and is unconcerned by the order book plateau for the -800 and -1000 variants,...

Read more »

Press Releases

See More Press Releases

Analysis

UAE's first Waldorf Astoria to open in 2013

UAE's first Waldorf Astoria to open in 2013

The first Waldorf Astoria in the UAE will open in the first quarter of 2013 in Ras Al Khaimah, the project's developer has announced.

Read more »
See More Analysis
See all Media & Marketing content

Daily Updates

Dubai forms commission to attract film makers

Dubai forms commission to attract film makers

The government of Dubai has decided to set up the Dubai Film and TV Commission with the aim to increase local production and attract international...

Read more »
See More Daily Updates

Press Releases

See More Press Releases

Analysis

Infographic: Social media usage in UAE, Saudi Arabia

Infographic: Social media usage in UAE, Saudi Arabia

An infographic based on Omnicom Media Group's recent white paper illustrates and compares social media habits of users in Saudi Arabia and the UAE.

Read more »
See More Analysis
See More »

Latest Videos

 

PPP in Egypt is stable says ministry official

Video: The economic climate is now right for the private sector to be involved in...

Watch Video »