About 200 financiers are expected to come together for an annual conference in London on April 19-20 to discuss anticipated developments and investment opportunities in fixed income markets in Africa, the Middle East, Latin America, Asia, Central and Eastern Europe, Ukraine, Russia, other member countries of the Commonwealth of Independent States, and the Caucasus region. Continue Reading
Tag Archives: Middle East
Blockchain’s entry into emerging markets put on London forum agenda
Blockchain will be among numerous subjects to be raised at a large-scale annual forum on emerging markets on March 9-10 that has been organised by the Students’ Union of the London School of Economics and Political Science (LSE SU). Continue Reading
GUEST POST: Playing the crypto-currency game like Warren Buffet
By Alex Mirzaian, Crypto-Currency Researcher. Being able to weather many markets is not easy. When it’s going up it seems like a breeze on a nice sunny day. When it’s a bear market, you start to freak out and get emotional. Since the early 1900s, the stock market has done the same thing that many… Continue Reading
GUEST POST: Forex vs bitcoin: return on investment comparison?
By David Webb, Business Consultant, Sydney, and Contributor to BizzmarkBlog.com. Over the past few years, investing in forex and crypto-currencies has become a lucrative opportunity for people with a limited budget. Unlike some traditional trading methods, these practices allow you to invest a small amount of money and yet generate an outstanding return on investment… Continue Reading
GUEST POST: When all else fails, raise hemlines
By Capitalist Exploits. Saudi Arabia. The arrival of cinema (after a 35-year ban), comedy shows, women driving. What the hell is happening? At this rate, within a few months Saudi women will be tottering around in lululemon and enraging the clerics via Instagram in their yoga pants. I could think of worse things. Continue Reading
EXCLUSIVE: Moscow office of Egypt’s Banque Misr to help Russian, Egyptian firms – chairman
By Andrei Skvarsky. Russian companies seeking to do business in Middle Eastern countries and Egyptian firms wishing to work in Russia will receive “extremely extensive” financial support from Banque Misr, a top Egyptian lender that has just opened a representative office in Moscow, the bank’s chairman has said. Continue Reading
GUEST POST: Seven reasons to invest in Dubai real estate before World Expo 2020
By Jamie Moulton, Senior Data Analyst at JustProperty.com, an online real estate listing portal headquartered in Dubai. Ever since the Emirate of Dubai won the right to hold Expo 2020 back in 2013, its capital, the city of Dubai, has been gearing up to benefit from this major event. The World Expo in Dubai is… Continue Reading
Bayut: Property investment in Dubai, Abu Dhabi profitable though rents, prices slide
By Andrei Skvarsky. UAE property portal Bayut.com says the real estate markets of Dubai and Abu Dhabi still showed a “consistently stable” return on investment (ROI), 4.9 per cent on average, in the first half of 2017 despite an overall, albeit minor, decline in rents and prices in both cities. Continue Reading
Vienna risk management forum to look into Brexit, CEE risks, cybersecurity
With Brexit being a serious challenge to bankers, the extensive agenda of this September’s planned 7th Annual Risk Management Forum in Vienna includes a session on what the conference organisers describe as a “new generation of risks” posed by Britain’s planned 2019 secession from the European Union. Continue Reading
Apartment rents in Dubai, Abu Dhabi keep going down – Bayut
By Andrei Skvarsky. Last year’s decline in apartment rents in Dubai and Abu Dhabi has overall continued into 2017, though there were minor rises in January and February, according to Dubai-based real estate portal and private company Bayut.com, which argues that the real estate markets in both cities are by and large doing well. Continue Reading
Bayut upbeat about UAE residential property market despite 2016 problems
By Andrei Skvarsky. Apartment rents and prices in Dubai and Abu Dhabi dropped in 2016 but the two emirates’ real estate markets have stabilised significantly, according to property portal and private company Bayut.com. Continue Reading
Sun Global chief: 2017 to be a splendid year to invest in oil stocks
By Andrei Skvarsky. Mihir Kapadia, chief executive of London-based Sun Global Investments, argues that OPEC’s November 30 deal to cut oil production will serve to push up oil prices to levels that could make 2017 “one of the best years to invest in oil stocks in quite some time”. Continue Reading
Real estate markets of Dubai, Abu Dhabi show signs of recovery – Bayut
By Andrei Skvarsky. After “months of continued downward movement”, apartment prices and rents in Dubai and Abu Dhabi began to show positive dynamics by October from an investor’s point of view, with the price decline slowing down and rents edging up, property portal Bayut.com said. Continue Reading
Dubai, Abu Dhabi real estate markets robust despite sliding rents – Bayut.com
By Andrei Skvarsky. Apartment rents in Dubai and Abu Dhabi kept edging down in the third quarter of 2016 but rent yields remained stable and the two emirates’ real estate markets on the whole stayed robust, according to Dubai-based real estate portal Bayut.com. Continue Reading
Orange to provide more extensive financial services in four African countries
By Andrei Skvarsky. Orange SA, a multinational telecommunications operator, has obtained licences to provide more extensive mobile financial services in Senegal, Mali, Ivory Coast and Guinea. Continue Reading
Money pours into UAE real estate market – Bayut
By Andrei Skvarsky. Dubai-based real estate portal Bayut.com says statistics prove that the United Arab Emirates’ real estate market “continues to inspire trust in investors”. Continue Reading
Rents in Dubai, Abu Dhabi go down – Bayut
By Andrei Skvarsky. Apartment rents in Dubai and Abu Dhabi have fallen over the past year, according to the Bayut.com real estate portal. Continue Reading
FXPrimus analyst: Oil price likely to sink back, oil market to stay volatile overall
A senior analyst at the FXPrimus global financial and commodities brokerage believes that the oil price, having risen by about 60 per cent since February, is likely to drop again but that in any case it will remain volatile in the foreseeable future. Continue Reading
Football contest organised by UAE’s Bayut becomes networking opportunity
By Andrei Skvarsky. Bayut.com, a Dubai-based property portal, has said it organised an amateur football tournament for United Arab Emirates real estate companies which has proved to be a “great” networking opportunity for businesspeople as well as a sports event. Continue Reading
Lawyer suggests EU govts help dispel banks’ fears of returning to Iran
By Andrei Skvarsky. A London lawyer has suggested that European Union governments pilot European banks through a grey area that makes them afraid of moving into the Iranian market despite the United States’ lifting of nuclear programme-related sanctions against Iran in January. Continue Reading
India to resume full-scale trade with Iran
By Andrei Skvarsky. India plans to resume full-scale trade with Iran, a British business communications agency said, citing a decision by the Indian government that followed the lifting of international anti-Iranian sanctions. Continue Reading
Iran’s Bank Mellat to reopen Seoul branch
By Andrei Skvarsky. Bank Mellat, Iran’s largest private lender, plans to reopen its branch in Seoul next month after effectively suspending its business in South Korea in 2010 because of Western sanctions against the Islamic Republic, a London-based business communications agency said. Continue Reading
Asia Frontier Capital (AFC) – January 2016 Newsletter
“Consistency is far more important than rare moments of greatness.” – Scott Ginsberg. AFC Asia Frontier Fund (AAFF) USD A-shares lost -3.5% in January 2016. The fund this month outperformed the MSCI Frontier Markets Asia Index (-6.3%), the MSCI Frontier Markets Index (-6.8%), and the MSCI World Index (-6.1%). The performance of the AFC Asia Frontier… Continue Reading
RenCap analyst: Iran electricity sector booming but shut to private money
An analyst at Russian investment bank Renaissance Capital says Iran generates enough electricity to cope with a hypothetical pace of economic growth that would double its GDP, but that it may be a while before private investors are let into the country’s state-controlled electricity sector. Continue Reading
RenCap: Iran GDP may grow 4.5% by end of 2017 but stock market needs sorting out
Russian investment bank Renaissance Capital estimates that the GDP of post-sanctions Iran may grow 4.5% by the end of 2017 if the oil price stays at around $30 per barrel. Continue Reading
Property portal Bayut.com raises $20m in 3rd round of venture funding
By Andrei Skvarsky. Dubai-based online real estate dealer Bayut.com has raised $20m in the third of three rounds of venture investment. Continue Reading
Lamudi suggests Middle East, Asia, South America locations for property investors to look at
By Andrei Skvarsky. A statement by online real estate trader Lamudi tries to draw property investors’ attention to five areas in the Middle East, Asia and South America that it says are little-known “hotspots for buying apartments”. Continue Reading
Lawyer: Iran a feast of business opportunities but think of red flags before partaking
By Andrei Skvarsky. A London-based Iran-focused solicitor argues that Iran needs to make quite a bit of effort to make foreign investors feel safe about tapping into its vast business opportunities after the anticipated lifting of some of the international sanctions against the country. Continue Reading
Kroll: Companies worldwide report increasing fraud
A survey commissioned by global risk solution provider Kroll suggests that corporate fraud has continued to increase in scale across the world in 2015 and has affected three quarters of companies worldwide this year. Continue Reading