Middle Eastern Companies

Iran May Surrender Nuclear Push

Iran may stop Nuclear program, sites sanctions Iran says it is considering a Russian proposal to stop the expansion of its nuclear program in order to avert new sanctions. “We need to study this proposal and to establish on what basis it has been made,” Ambassador Mahmoud-Reza Sajjadi said in an interview at the Iranian [...]

Saudi Arabia and Lebanon lead in number of Arab billionaires

Saudi Arabia and Lebanon lead in number of Arab billionaires Forbes Arabia on Sunday revealed that Saudi Arabia and Lebanon have the highest number of wealthy people in the Arab world, each with 8 billionaires. Prince Alwaleed Bin Talal Al-Saud, a global investor, tops the Arab fortune list with a wealth of US$18-B, while a [...]

Record Trading at the Dubai Gold and Commodities Exchange (DGCX)

DGCX Records Highest Ever Monthly Volumes in March March volumes rise 141% year-on-year to reach 550,735 contracts, valued at $22.8 billion Indian Rupee futures achieve highest ever monthly volume of 495,153 contracts Year-to-date volumes jump 126% from 2011 to reach 1,545,899 contracts March volumes on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial [...]

Oil to Rally as Iran Cuts Supply

Iran halts Crude Oil exports to France and UK Iran stopped exporting Crude Pil to French and British companies, the Oil Ministry’s news website Shana reported, citing Alireza Nikzad Rahbar, a ministry spokesman. Iran “will give its Crude Oil to new customers instead of French and UK companies,” Rahbar said. The halt in shipments followed [...]

Read More » No comment February 20, 2012

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …