June 19, 2019 | English | عربي
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June 19, 2019

SULAIMANI — A rocket landed at a residential and operations headquarters of several global major oil companies, including US giant ExxonMobil, near Iraq’s southern city of Basra early on Wednesday (June 19), wounding two Iraqi workers, police said.

There was no immediate claim of responsibility. It came after two separate attacks in as many days on bases housing US military personnel in Iraq, as tension increases between the United States"...

Brent rises to $61/bbl as US-China trade talks set...
June 19, 2019


Oil prices rose sharply on Tuesday after US President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later this month.
Tensions in the Middle East after last week’s tanker attacks also lent support.
Brent crude futures were trading 93 cents higher at $61.87 a barrel by 1403 GMT, after hitting a session low of $60.25. US West"...



 

June 19, 2019

DUBAI — Nearly half of investment professionals expect their roles to substantially change within the next decade, disclosed “Investment Professional of the Future”, a new report by CFA Institute, the global association of investment professionals.

The report identifies skills needed for career success against backdrop of disruption.

The report explores how investment industry roles, skills and organizational cultures are evolving in the face of disruption. The report is the third"...

 
 
June 19, 2019

DUBAI: Senior finance executives in the Middle East are less optimistic about the prospects for economic growth than they were 12 months ago, but remain positive on the outlook for their companies and investments.
That was the main finding for the region of an international poll conducted for American Express, the global financial services firm, by Institutional Investor, the business information group, and presented to media and corporate clients in Dubai yesterday.
Mazin Khoury, chief executive officer for American"...

 
 
June 19, 2019

BRUSSELS — The European Commission sought to boost the flow of private money to tackle climate change on Tuesday by publishing guidelines on what qualifies as environmentally friendly investment, in a move welcomed by the financial industry.

The European Union has agreed to substantial reductions of carbon emissions by 2030 and its executive, the Commission, wants the bloc to reduce them to zero by 2050 to help stop global warming, the rise of average worldwide temperatures.

To cut emissions"...

 
 
June 19, 2019

LE BOURGET, France — US aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group, owner of British Airways, said it wanted to by 200 of the planes.

The companies said they had signed a letter of intent for the purchase, the first since the 737 MAXs were grounded in March after two of them crashed within six months of each other, killing 346 people.

At list prices the order would be worth $24 billion, but IAG, whose airlines"...

 
 
June 19, 2019

ERBIL (Kurdistan 24) – Construction on the fifth largest Dam in the Kurdistan Region is to be completed by Nov. 2019, according to a local official.

Akram Mohammed, the Kurdistan Regional Government’s (KRG) Director for Dams and Water Resources, on Tuesday said the “Dewana dam in Darbandikhan is to be operational in November 2019, with the capacity of storing up to 22 million cubic meters of water annually.”

The"...