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Global wealth increased by 27% in the last decade to a total $280 trillion
14 November 11:48 PM US dominates global wealth, Egyptians lost half theirs in year
Mubasher: Individual wealth surged 6.4% in a year, recording its highest annual increase since 2012, with Egypt leading the top losers due to the local currency flotation. Global wealth increased by 27% in the last decade to a total $280 trillion, …
Saudi Prince Alwaleed bin Talal is rumoured to be selling his hotels in Beirut
14 November 08:12 PM Bin Talal’s Beirut hotels go up for sale
Riyadh – Mubasher: Saudi Prince Alwaleed bin Talal is rumoured to have put its luxury hotels in Beirut up for sale. “A Lebanese commercial bank has been commissioned to find buyers for the posh Four Seasons Hotel Beirut and Movenpick Hotel …
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13 November 04:11 PM UK to end ban on flights to Sharm El Sheikh
Cairo - Mubasher: The United Kingdom is planning to lift the ban on travelling to Sharm El Sheikh by February 2018, El Shorouk reported on Monday citing unnamed tourism sources. An alliance in the House of Lords supports the British government …
I am optimistic about oil market’s performance in 2018
13 November 11:49 AM Global oil market to see recovery – UAE energy minister
By: Amr Adel Abu Dhabi – Mubasher: The UAE’s minister of energy and industry Suhail bin Mohammed Al-Mazroui on Monday said he expects that the global oil market to continue its recovery during 2018. The decision to cut oil production has helped in …
GCC oil, gas projects hit $331bn in November – Report
12 November 12:01 PM GCC oil, gas projects hit $331bn in November – Report
Dubai – Mubasher: The total value of 361 oil and gas projects in the GCC reached AED 1.21 trillion ($331.4 billion) in November, Trade Arabia reported, citing a report of BNC as saying. The number of oil and gas projects in the GCC nations …
bin Talal has sold his remaining stake in Rupert Murdoch’s 21st Century Fox Inc
9 November 06:08 PM Bin Talal sells stake in Murdoch's 21st Century Fox
Riyadh – Mubasher: Saudi billionaire Al-Waleed bin Talal has sold his remaining stake in Rupert Murdoch’s 21st Century Fox Inc., according to Bloomberg. Bin Talal had been a shareholder in Murdoch’s companies for about 20 years, the news agency …