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#Morning Briefing

Sunday outlook: Oil prices drop on weak Chinese economic data

Sunday outlook: Oil prices drop on weak Chinese economic data

Oil prices dropped on weak Chinese data, suggesting lower oil demand. Most global markets retreated on Friday, as trade tensions between the U.S. and China weighed on sentiment. More commentary on Middle East markets, currencies and precious metals

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#Zawya Express

Kuwait loosens ownership rules: Foreigners to be allowed to own more local bank shares

Kuwait loosens ownership rules: Foreigners to be allowed to own more local bank shares

Foreign ownership was previously not allowed to exceed more than 49 percent of a bank’s capital, but the new resolution removes this upper limit, according to a statement issued by the Ministry of Commerce and Industry on Saturday.

The country’s capital markets are currently undergoing a series of reforms to make it more attractive to outside investors.

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Opinion

Orkhan Mustafayev

A shared vision

The UAE is becoming a conduit for foreign direct investment into Azerbaijan

Lukman Otunuga

Are dollar bulls running out of inspiration?

The greenback's strength should not be taken for granted as Fed comments create uncertainty over future rate hikes

Bora Bariman

Fujairah: How will it adapt to new maritime regulations?

The International Maritime Organization’s directives mean the UAE will have to review its business models and work with investors and bankers to create profitable solutions

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The premier corporate intelligence monitor in MENA, providing you with access to the most comprehensive database of companies and officers in the region, with coverage of all major sectors and industries.

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