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Why are rising prices worrying the Iranian Oil Minister . Newseek began with the that 11 princes had been arrested in saudi arabia for staging staging a sit in. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Reaction y gut got reaction and more on the story. We dont know a lot of details about this. What we know from reports, as you said, they are protesting utility bills. What it clearly shows, it shows there is rising discontent within the ruling family after that crackdown. After obvious a, there is grumbling. What happened is that according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. They were there was hard sure treatment. Main, because thats the thing it shows is that there is more discontent within the royal family. Are we going to see more of this . That is a question to f ....
More than a threeyear high as u. S. Stockpiles plunge. Why are rising prices worrying the Iranian Oil Minister . The week began with the news that 11 princes had been arrested in saudi arabia for staging a sit in outside a palace in riyadh. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Tracy alloway got reaction and more on the story from bloomberg managing editor for the middle east. We dont know a lot of details about this. What we know from reports, as you said, they are protesting payment of utility bills. What clearly shows it shows that there is rising discontent within the ruling family after that crackdown. Obviously, there is grumbling. What happened is that, according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. So there was even harsher treatment. But again, because of ....
Will america become the worlds number one producer in 2018 . First, the week began with news that saudi prince had been freed after more than two months in detention in riyadh. He was allowed home after reaching a settlement. He will remain at the helm of his company. They are raced the losses he had sustained. I got more from the story from riad hamade. Riad we heard earlier last week that they want to wind the whole thing down. They said that 90 people have been released, and they have got 95 further people in the ritz waiting, either to be sent to jail, taken to the prosecutor, or released. Over the weekend, we had the release of these very highprofile names. Alwaleed was the biggest name and the one that captured peoples imagination, but there were a couple other officialses and released as well. Yousef two key names. The head of the middle east broadcasting, a very powerful figure, and the billionaire founder of one of the countries one of the countrys largest retailers. This gove ....
All options are open. Opec and its allies say nothing is off the table when it comes to rebalancing the oil market. A. M. In dubai. Midday in hong kong. This is Bloomberg Markets middle east. Been, weekend has especially in the United States with the equity benchmarked indices hitting records. It is not so much that they are hitting records, but the pace it is being done. These are your friday closings for the s p 500. 7 for the dow jones. The nasdaq was up 4 10 of 1 . It was not all positive because General Electric tumbling after slashing the 2017 profit forecast. This goes to the story of optimism around what donald trump is doing in terms of possible tax reform and tax cut. U. S. Dollar reaching a threemonth high. Up 6 10 of 1 . In terms of other asset classes, we are carefully watching 10 year treasury yield app ....
Our first guest is playing the long game when it came when it comes to investing in the middle east and africa. Bob diamond is known as an optimist and some of it seems to be paying off. The original vision was to in key countries. We are in seven countries. Invest intinuing to union bank of nigeria. I think our focus right now is completing the next stage of investment in upn. Ubn. We really like nigeria right now, we think it is in a better position with the collapse of the oil prices. We think the Agricultural Sector has grown very nicely. We have just made a second very large investment in ubn. Yousef are you in track to double your fiscal year profits . Yes, thats the statement we made and we expect to do that. Yousef other asset sales planned . Bob i cant think of an evening along that line. There were other countries we were interested in become a seven we are in right now, but the focus is completing application. Last ....